Answer:
The cost of preferred stock is 5.81%
Explanation:
Hi, well, the cost of a preferred stock follows this formula.
R(p) = Div/P
where:
Div: Dividend of the preferred stock
P: Price of the preferred stock
therefore, the cost of the preferred stock would be.
R(p) = 2.25/38.75 = 5.81%
Best of luck
Answer: Division of Labour
Explanation: This is the division of a task or job role into smaller parts between two or more people.
Division of Labour helps to achieve a higher rate of productivity and efficiency.
By having the same person doing both jobs productivity and efficiency is low, because the workload increase on that individual which directly affects his performance on the job.
Answer:
100%
Explanation:
The Lorenz curve was developed by Lorenz max in 1905. It measures inequalities in wealth or income. In the Lorenz curve it shows a graph where the the cumulative percentage of total national income on one side against cumulative percentage of population on another side. The final entry in the income column needs to be a 100 percent.
Answer:
Option C There is upward pressure on prices
Explanation:
The reason is that the price and supply are inversely proportional to each other. If the supply increases the prices of the product will decrease. This means that the product will increase its value if the supply of the product gets lower. Also note that the price moves upward to reach equilibrium for a level of supply. It means if the product prices increases then the supply shortage will be lowered as a result nobody will buy the product. So the supplier will have to lower price that the consumer will be willing to pay to the supplier.