Answer:
4.31%
Explanation:
Calculation for the bank’s cost of preferred stock
Using this formula
Cost of preferred stock=Dividend / Selling price of stock
Let plug in the formula
Cost of preferred stock= $ 3.75 / $ 87
Cost of preferred stock= 4.31%
Therefore the Cost of preferred stock will be 4.31%
The reason that most business professionals use the extemporaneous style of speaking is an answer to a question about current events.
What is business?
The term business refers to the earning the profit. The business is the taking the risk and the earning the profit. The business are the mainly focuses to the activity of the creating, distribution and selling concept based.
The most of the business are the used this extemporaneous style of speaking is chance to the employer and employee to the participation of the answering the question about the current project and business policies.
As a result, the business professionals use the extemporaneous style of speaking is answer to a question about current events.
Learn more about on business, here:
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Answer:
Overapplied overhead= $7,575 overapplied
Explanation:
<u>First, we need to allocate overhead costs based on actual hours: </u>
<u></u>
Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base
Allocated MOH= 31.25*4,780
Allocated MOH= $149,375
<u>Now, the over/under allocation:</u>
Under/over applied overhead= real overhead - allocated overhead
Under/over applied overhead= 141,800 - 149,375
Overapplied overhead= $7,575 overapplied
The name of this plan is cafeteria benefit. This is a plan where it is being offered to employees which have a variety of offers that they could chose from that could be of help and to be fitting of the employees' needs. It is seen at the statement above as it has different benefits to chose from of which a cafeteria benefit offers.
