LETS MAKE THIS A QUESTION THAT HAS NO STARS. ONLY THANKS!!!!!!!

Companies that have preferred stock outstanding promise to pay a stated dividend for an infinite period. Preferred stock is trea

mel-nik [20]

Answer:

$74.63 per share

Explanation:

The computation of the value of preferred stock is shown below:

As we know that

Value of the preferred stock = Annual dividend rate ÷ Returns on the stock

where,

Dividend on the preferred stock = Dividend rate × Par value

= 11% × $100

= $11

And, the return is 14.74%

So, the value of the preferred stock is

= $11 ÷ 14.74%

= $74.63 per share

6 0

3 years ago

Demand at Nature Trails Ski Resort has a seasonal pattern. Demand is highest during the winter, as this is the peak ski season.

erma4kov [3.2K]

Answer:

Fall 304

Winter 1,974

Spring 716

Summer 1,006

total 4,000

Explanation:

The historical data is missing, so I looked for a similar question and found this:

Season Year 1 Year 2

Fall 208 243

Winter 1,360 1,574

Spring 509 554

Summer 719 774

total 2,796 3,145

if the forecast for total demand during next year is correct, total demand should increase by [(4,000 / 3,145) - 1] x 100 = 27.186% or 855 more customers.

we must determine the % of total demand per season:

Season Year 1 % Year 2 %

Fall 208 7.44% 243 7.73%

Winter 1,360 48.64% 1,574 50.05%

Spring 509 18.20% 554 17.62%

Summer 719 25.72% 774 24.60%

total 2,796 100% 3,145 100%

the average % for each season:

Fall 7.59% x 4,000 = 303.6 ≈ 304

Winter 49.35% x 4,000 = 1,974

Spring 17.91% x 4,000 = 716.4 ≈ 716

Summer 25.15% x 4,000 = 1,006

total 100%

8 0

3 years ago

Economics Unit 5 Study Guide

Alika [10]

The Government agency and the organizations are the groups that are facilitated for the working by the government, privately or with government support.

<h3>What is Government agency?</h3>

The Government agency and the organizations are the groups that are operated either privately or by the government for the operation of the task.

The Government agency is defined as a public organization with the task to complete the work for the government.

The Government Contractor is a private business that works for the completion of the government work.

The Government Corporation is given as the establishment for the independent operation of the goods and services supported by the government.

Learn more about Government agency, here:

brainly.com/question/11809859

#SPJ1

4 0

2 years ago

Which statement is true? Multiple Choice Some Income Statement accounts are Permanent and some Income Statement accounts are Tem

Cerrena [4.2K]

Answer:

The correct answer is all income statement accounts are temporary

Explanation:

Income statement is that part of financial statement set aside for determining profits or losses made in accounting period.

The main reason for preparing income statement is to arrive at the retained earnings which are later posted to the balance sheet.

All accounts in the income statement are temporary as they do not have balances carried forward at the end of a period unlike balance sheet where assets,liabilities and equity have opening and closing balances.

It is for the reason that inventory when purchased is first debited to the balance sheet and posted to income statement when the profit is to be determined and also closing inventory is immediately transferred back to the balance sheet.

5 0

3 years ago

Read 2 more answers

Growing a business often results in growing your

inessss [21]

Answer:

Product line. As a company grows, it is often important to increase the products you offer, or else your company will become stuck in a vicious cycle of stagnancy.

Explanation:

Hope this helps! Have a great day, and spread some positivity!

8 0

3 years ago