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mihalych1998 [28]
2 years ago
7

Earley Corporation issued perpetual preferred stock with a 10% annual dividend. The stock currently yields 8%, and its par value

is $100. Round your answers to the nearest cent. What is the stock's value? $______
Suppose interest rates rise and pull the preferred stock's yield up to 13%. What is its new market value? $______
Business
1 answer:
Lubov Fominskaja [6]2 years ago
5 0

Answer:

Explanation:

The value of the preferred stock would be

= Annual dividend ÷ annual yield

= $100 × 10% ÷ 8%

= $10 ÷ 8%

= $125 per share

And, the new market value would be

= Annual dividend ÷  annual yield

= $10 ÷ 13%

= $76.92 per share

For computing the stock value or market value we simply divide the annual dividend by the annual yield

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The answer is C hope it helps 
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The financial statements of the imagine company report net sales of $1,000,000 and accounts receivable of $700,000 and $300,000
Viefleur [7K]
The answer is 2 times.
 
Accounts recievable turnover ratio = net sales / average accounts recievable

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2 years ago
Alpha Company manufactures Product P and sells it in packs of 10 units. The actual results for the first week in January are as
kaheart [24]

Answer:67500

The right solution is "13,675 U".

Explanation:

According to the question,

The standard material cost will be:

= 25000\times (\frac{90000}{30000} )\times 0.90

= 25000\times 30000\times 0.90

= 67,500

The actual material cost will be:

= 95500\times 0.85

= 81,175

hence,

The total material price variance will be:

= Actual \ cost - Standard \ cost

= 81175-67500

= $13,675 (Unfavorable)

3 0
2 years ago
Give four reason as to why being an entrepreneur is beneficial than a doing a job​
anastassius [24]

Answer:

Hope this helps!

4 reasons:

Explanation:

1) Being an entrepreneur is beneficial because it helps you get to know yourself better. You get to be your own boss.

2) Entrepreneurs get to make their own schedule. You can work for flexible hours.

3) You get to be more independent. Taking entrepreneurship will grant you freedom.

4) Choosing to be an entrepreneur is a big risk. This means your taking a challenge in your life. You'll make yourself stronger!

The best part though? It is a big satisfaction when you succeed, yeah and you'll definitely be proud of yourself.

5 0
2 years ago
Malik's first day as a new manager ended up more challenging than he expected. While having to adjust to a new workplace and new
Elis [28]

Explanation:

In this case, the ideal would be for the new manager Malik to develop an action plan so that he could retain the employee that everyone referred to as one of the best in the company and with high potential.

When the employee exposes his or her dissatisfactions with the job to the manager, such as exhaustion and frustration, the manager must conduct an in-depth analysis of the causes of the employee's problem. It is important to know that exhaustion can be caused by overwork and frustration due to lack of motivation and challenges at work.

The ideal, therefore, would be for Malik to find a strategy to make the exemplary employee's work more flexible and thus his tasks would become more dynamic and facilitated as much as possible, which would assist in the employee's productivity and motivation.

It would also be ideal to institute new work challenges for employees with appropriate training and work redesign, so that their problems are reduced and their appreciation and satisfaction with their work is increased.

5 0
3 years ago
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