Answer:
10.71%
Explanation:
The computation of the required rate of return on this preferred stock is shown below :
The Required return on preferred stock is
= Dividend ÷ market value of preferred stock
= 7.50 ÷ $70
= 10.71%
By dividing the dividend from the market value of preferred stock we can get the Required return on preferred stock and the same is to be considered
therefore we ignored the par value i.e $60 as this is not relevant
None of the above. The Flu Trends model was based on Goo-gle search data.
<h3>Goo-gle Flu Trends and the Power of Big Data</h3>
In 2009, Goo-gle launched a new service called Goo-gle Flu Trends. The service used data from Goo-gle searches to estimate the level of flu activity in different areas of the United States. The results were pretty accurate - in some cases, Goo-gle Flu Trends was able to detect flu outbreaks before government health agencies did.
Goo-gle Flu Trends was a great example of the power of big data. By analyzing a large dataset, Goo-gle was able to find patterns that would have been otherwise undetectable. And because Goo-gle has so much data, its findings were often more accurate than those of government health agencies.
Unfortunately, Goo-gle Flu Trends was discontinued in 2015. But its legacy lives on - other companies are now using big data to detect disease outbreaks, and the field of data science is only getting more important.
Learn more about trends models:
brainly.com/question/15552860
#SPJ4
Answer:
The Answer is as follows;
Explanation:
Dividend on preferred stocks=$10*7.5%=$.075
Transaction Costs=$1
Total financing Cost=$1.75
Which is 17.5% (1.75/10)
The market price is not relevant for company's cost of financing. Therefore we have taken dividend payable on face value and transaction costs of issue for purpose of determination of financing cost.
Answer:
Explanation:
DATE Account AccountsPayable OfficeSupplies OtherAccounts
Credited credit debit debit
Apr. 4 Officemate $620 $610 no entry
Apr. 9 Tek Village $2,460 $2,460
Apr. 16Officemate $170 $170 no entry
Apr. 19 Paper to Go $250 $250 no entry
Apr. 30 Total $3,500 $1050 $2,460
b. Total amount posted / credited to accounts payable= $( 620+2,460 + $170 + 250) = $3500
Total amount from and debited from Office supplies = $(610 + 170+ 250) = $1050
What is the April 30 balance of the Officemate Inc. creditor account assuming a zero balance on April 1?
$ __170____ ie $ 610 + 170 - 610( because invoice on April 4th was paid on April 27th.
