Answer:
the company's cost of preferred stock, rp is = 9.15%
Explanation:
step 1. Consider the following formula.
Cost of preferred stock = annual dividend / Price *100
Step 2. Set the values of the variables.
= $ 6.5/$ 71*100
step 3. Solve.
= 9.15%
Answer : 9.15 %
Answer and Explanation:
Partial Balance sheet
Investments
Stock investments (At fair value) $110,090
Debt investments (at fair value) $163,100
Stock investments (At equity) not given: $0
Total investment) $276190
Answer:
C : the lower-of-cost-or-net realizable value (LCNRV) basis.
Explanation:
<em>High-technology and fashion are types of industries likely to frequently use </em>''the lower-of-cost-or-net realizable value (LCNRV) basis''. These types of industries having an inventory that has an uncertain future.<em> Obsolescence, defects, oversupply, higher price declines, and similar obstacles can contribute to uncertainty about the realization of inventory</em> items and hence accountants of these industries evaluate inventory and employ lower of cost or net realizable value considerations.
Answer:
Reminder.
Explanation:
Reminder advertising is basically the key to retain customer by briefly messages them to remind them about a new product or anything.
