The cost of one preferred stock is calculated by dividing the dividend by the price. In mathematical equation this is expressed as,
C = (D / P) x 100%
where C is the cost, D is the dividend, and P is the price. Substituting the known values,
C = (($3.5)/ ($70) x 100%
C = 5%
The answer to this item is the first choice, 5%.
Tap & go turns a smart phone into a wallet. This technology allows vendors to accept credit cards in "contacless" way. Credit card companies and technology companies embrace this and it is expected to grow.
Answer:
Promotion
Explanation:
Promotion is used to educate or convince target spectators of the general benefits of an item, administration, brand or issue. The point of advancement is to expand awareness, developing interest, produce deals or make brand devotion. Promotion is one of the critical factors to attract customers and to increase overall sales. There are various techniques firms use to promote their products, such as, newspapers, TV advertisements, posters etc.
Answer:
the bond's clean price is $965
Explanation:
The clean price of a bond is given by the following formula:
- Clean Price = Dirty Price − Accrued Interest
since the bond pays interest every 6 months, and there are 4 months left until the next coupon payment, 2 months have past since it paid its coupon for the last time.
accrued interest = (2 months / 12 months) x 6.6% x $1,000 = $11
dirty price = $976
Clean price = $976 - $11 = $965
Answer:
<u>Cost of Goods Sold (COGS) on its 2012 income statement $1723</u>
Explanation:
Jacob, Inc.
12/31/2011 12/31/2012
Accounts receivable $720 $452
Inventories $584 $816
Net fixed assets $637 $659
Accounts payable $413 $611
Jacob had materials purchases in 2011 of $1,753 and materials purchases in 2012 of $1,957.
This COGS is calculated by the following formula :
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Cost of Goods Sold (COGS) = Beginning Inventory + Material Purchases - Ending Inventory
COGS= $ 584 + $ 1957 - $ 816= $ 1723
Calculations
Ending Inventories $ 816
<u>Less Beginning Inv $ 584</u>
<u>Difference $ 234 </u>
Materials Purchases (2012) $1,957
<u>Difference $ 234</u>
<u>Cost of Goods Sold (COGS) on its 2012 income statement $1723</u>