1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Romashka [77]
3 years ago
10

Ningbo Shipping has issued preferred stock at its $125 per share par value. The stock will pay a $15 annual dividend. The cost o

f issuing and selling the stock was $4 per share. The cost of Ningbo Shipping preferred stock is:
Mathematics
1 answer:
katen-ka-za [31]3 years ago
5 0

Answer:

The cost of Ningbo Shipping Preferred stock is 12.40%

Step-by-step explanation:

In this question, we are asked to calculate the cost of Ningbo shipping Preferred stock.

To calculate this, we make use of the following mathematical relation;

The cost preferred stock Kp = Annual dividends/ Issued price-Cost of Issuing

From the question, we identify the following;

Issued price = $125

Annual dividend = $15

Cost of Issuing = $4

Inserting these into the formula we have;

Kp = $15/$125 - $4 = 12.40%

This means that Cost of Ningbo shipping preferred stock is 12.40%

You might be interested in
Point Q is the center of dilation. Lines segment S U is dilated to form line segment S prime U prime. The length of Q S is 3 .2
tia_tia [17]

Answer:

Option C.

Step-by-step explanation:

It is given that the dilation rule is D_{Q,2.5}. It means the center of dilatation is point Q and scale factor is 2.5.

Scale factor is the ratio of distance from center to the image of a point and distance from center to the corresponding point.

\text{Scale factor}=\dfrac{QU'}{QU}

It is given that QU=4 and scale factor = 2.5.

2.5=\dfrac{QU'}{4}

Multiply both sides by 4.

2.5\times 4=QU'

10=QU'

We know that

UU'=QU'-QU

UU'=10-4

UU'=6

The distance between U' and U is 6 units.

Therefore, the correct option is C.

8 0
3 years ago
Read 2 more answers
14
Nuetrik [128]

Answer:

Distance LM = 5.20 unit (Approx.)

Step-by-step explanation:

Given coordinates;

L(1, 4, 7) and M(2, 9, 8)

Find:

Distance LM

Computation:

Distance between three-dimensional plane = √(x2 - x1)² + (y2 - y1)² + (z2 - z1)²

Distance LM = √(2 - 1)² + (9 - 4)² + (8 - 7)²

Distance LM = √(1)² + (5)² + (1)²

Distance LM = √1 + 25 + 1

Distance LM = √27

Distance LM = 3√3 unit

Distance LM = 3(1.732)

Distance LM = 5.196

Distance LM = 5.20 unit (Approx.)

5 0
3 years ago
Andrew bought a shirt and a pair of pants that cost $3675. The shirt costs double the pants. How much do they each cost?
vampirchik [111]

Answer: $7350

Step-by-step explanation:

$3675 x 2 = $7350

5 0
3 years ago
Read 2 more answers
PLZ PLZ PLZ PLZ PLZ HELPPP
lutik1710 [3]
180 I think I’m not sure
7 0
3 years ago
Plz help me i need help
natali 33 [55]
Ok so you know the first garden needs 1 and 2/5 bags of soil. Now first we need to find one fifth of that. So let's make this mied number into an improper fraction:

1 2/5 = 7/5

Ok now let's divide 7/5 by 5:

7/5 divided by 5/1 = 7/25

So Jared will need 7/25 bags of soil for his second garden, but we're STILL not done. now we have to add for the TOTAL.

1 2/5 + 7/25 > 7/5 + 7/25 > 7 x 5 = 35    > 35/25 + 7/25 = 42/25
                                           _________  
                                            5x 5 = 25

Now let's simplify it to 1 and 17/25

8 0
3 years ago
Other questions:
  • The diameter of a bowling ball is 12.57 centimeters. What is this value rounded to the nearest tenth of a centimeter?
    14·2 answers
  • Find two consecutive whole numbers that 41 lies between.
    6·2 answers
  • 7.) A man is in a boat that is floating 175 feet from the base of a
    7·1 answer
  • HELP ASAP. MARK BRAINLIEST. 10-20 POINTS​
    14·1 answer
  • Solve for the value of x. Show each of your steps. 7y=8x - 14 ; y= 6
    5·2 answers
  • Find the area (pls help)
    13·2 answers
  • 2<br> y + 7 = 5(x - 3)<br> What is the standard form for this?
    11·2 answers
  • What is the measurement of angle 6
    10·1 answer
  • A<br> B<br> C<br> D<br> Please help me
    12·1 answer
  • What is the perimeter of rectangle JKLM with vertices J (-1,3) k (2,3) and m (-1,-5)
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!