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beks73 [17]
3 years ago
5

ABC Company's preferred stock pays a constant dividend of $2 per share in perpetuity (Zero Growth). If the required return is 8%

, what price should you be willing to pay for the stock?
Business
1 answer:
mezya [45]3 years ago
6 0

Answer:

Price per share of preference share = $25

Explanation:

Preference dividend is generally fixed, and does not change as there is a standard rate prescribed at the time of issue of preference shares.

Provided here is, dividend for preference shares = $2

Expected return each year = 8%

Expected growth = 0%

Thus, cost or price per share of preference stock = Dividend/Expected Return = $2/8% = $25 each share.

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At the end of the current accounting period, Ringgold Co. recorded depreciation of $15,000 on its equipment. The effect of this
kolbaska11 [484]

Answer:

B)owners' equity and decrease assets.

Explanation:

From the question, we are informed about Ringgold Co. Whereby At the end of the current accounting period, Ringgold Co. recorded depreciation of $15,000 on its equipment. In this case, The effect of this entry on the company's balance sheet is to decrease owners' equity and decrease assets. Depreciation can be regarded as type of expense that brings reduction in value of an asset. It can be regarded as scheduled and not estimated expense . Depreciation can be recorded on balance sheet, as well as cash flow statement.

3 0
3 years ago
Compile a job advertisement for a receptionist vacancy:name of the business and title of the job advertisement.
dsp73

Answer:

Receptionist (Full-time).

Explanation:

KhanyaChantell Engineering Plc. is an Engineering and ICT company focused on power distribution, disaster recovery solution, systems integration, network security, and broadband technology services. Our businesses are strongly channeled to providing reliable power, turnkey, integrated technology solutions to hotels, financial institutions, schools, oil and gas, and governmental agencies in the United States of America.

<em>We are recruiting to fill the job position below;</em>

Job Title: Receptionist.

Location: Nevada.

Job ID: 011234

Employment Type: Full-time.

Salary: $1,200 per month.

Minimum Requirements:

  • High School diploma, GED, or equivalent preferred.
  • Minimum of 3 years experience.
  • Proficiency in English Language (oral and written).
  • Excellent knowledge of MS-Office.

Application Closing Date:

30th of November, 2020.

<em>How to Apply</em>

All interested and qualified candidates should send their curriculum vitae (CV) in pdf format using the Job Title and ID as the subject of the mail e.g (Receptionist - 011234) to Khanyachantellatkci.com.

6 0
3 years ago
Mateo exchanges a rental house at the beach with an adjusted basis of $225,000 and a fair market value of $200,000 for a rental
FromTheMoon [43]

Answer:

a.$0

Explanation:

Adjusted basis is the cost of a property and other related costs incurred in acquiring, maintaining, or upgrading the property.

Fair value represent the worth of a property. It is the amount that one should expect to fetch from the market if they were to sell the property.

The fair value or the worth for Mateo's rental house is $200,000. He obtains another rental house with a fair value of $180,000 and cash $20,000.

He exchanged property worth  $200,000 for $200,000

7 0
3 years ago
Which of the following changes would increase structural unemployment? Select one:
Jet001 [13]

Answer:

Option D

Increased globalisation that moves the economy from manufacturing based economy to more service-based economy.

Explanation:

Option D

Increased globalisation that moves the economy from manufacturing based economy to more service-based economy.

As manufacturing will decrease, the number of jobs will decrease drastically because the number of industries will become small.

8 0
3 years ago
________ is the practice wherein an organization gives another organization the right to use its brand name, technology, or prod
Sliva [168]

Answer: Licensing

Explanation:

A licensing is the term which is used to the refers to the official permission that should be taken from the other organization for manufacturing their products and the services.

The main purpose of the licensing is that the organization can easily run their business by accomplish the the licensing practices which include the qualification, training and the professional experience.

According to the given question, the licensing is one of the practices that one company gives permit or rights to the another company for using their technology and the brand name.  

 Therefore, Licensing is the correct answer.

 

6 0
4 years ago
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