Answer:
e. 10.77 percent
Explanation:
The computation of the cost of preferred stock is shown below:
Cost of preferred stock = Annual dividend paid ÷ Price of preferred stock per share
= 0.07 × $100 ÷ $65
= 10.77%
Simply we divide the annual dividend after considering the par value per share by the price of preferred stock per share so that the correct cost of preferred stock can be computed
Answer:
some goods aren't internationally traded
Explanation:
Purchasing power parity is most popularly known as the PPP. It may be defined as the measure of the prices of the various countries which makes use of the price of some specific goods in order to compare the absolute purchasing capability or power for the countries' currencies.
It is used to measure and compare prices at different locations.
The purchasing power does not hold good in the short to the medium run as different countries produces different goods and as such all the goods are not internally traded all over the locations or countries.
Answer:
Balance on balance on July 1 is $31490.67
Explanation:
given data
deposited P = $27,000
time = April 2 to May 12 = 40 days
rate = 4 % = 0.04
solution
we get here first compound amount that is express as
amount = P × 
...................1
put her value
amount = 27000 × 
amount = $27118.60
and
now we add here $4,200 in $27118.60 that will be
new principal P = $31318.60
and time t = 12 may to July 1 = 50 days
we get here amount that is put value in equation 1 we get
amount = $31318.60 × 
solve it we get
amount = $31490.67
so that balance on balance on July 1 is $31490.67
Answer:
The common size percentage for the cost of goods sold is 48.05%
Explanation:
The profit margin reflects a company's overall ability to turn income into profit, is calculated by formula:
Profit margin = Net income/Net sales
Delmont movers has a profit margin of 6.2 percent and net income of $48,900
Net sales of the company = Net income/Profit margin = $48,900/6.2% = $788,709.68
The cost of goods sold amounted to $379,000.
The common size percentage for the cost of goods sold = (The cost of goods sold/Net sales) x 100% = ($379,000/$788,709.68) x 100% = 48.05%
The wage will create surplus of workers since it is above the equilibrium wage.
