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ivolga24 [154]
3 years ago
15

A company is offering perpetual preferred stock (its dividend payments last forever) with a fixed annual dividend of $100. If yo

ur required rate of return on this investment is 12 percent, what is the value of each share
Business
1 answer:
sukhopar [10]3 years ago
8 0

Answer:

833.33

Explanation:

The fixed annual dividend is $100

The required rate of return on this investment is 12%

Therefore the value for each share can be calculated as follows

= 100/(12/100)

= 100/0.12

= 833.33

Hence the value for each share is 833.33

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A new faculty member at the local university pays $1,500 per month to rent an apartment in the downtown area. She teaches on cam
Naddik [55]

Answer:

$2,700

Explanation:

Calculation for what should this professor be willing to pay in rent per month

First step is to calculate the Transportation cost per week

Transportation cost = ($25*4 hrs)* 3 per week

Transportation cost =$100*3 per week

Transportation cost= 300 a week

Now let calculate the rent per month

Rent per month= $1500 + ($300*4)

Rent per month=$1,500+$1,200

Rent per month= $2,700

Therefore what should this professor be willing to pay in rent per month to live near campus if her hourly wage rate is $25 will be $2,700

3 0
3 years ago
Wireless Solutions reports operating expenses of $855,000. Operating expenses include both rent expense and salaries expense. Pr
Elena L [17]

Answer:

$858,500

Explanation:

Cash paid for operating expenses = Operating expenses + Prepaid rent increase - Salaries payable increase

= $855,000 +$17,000 - $13,500

= $858,500

5 0
3 years ago
The price elasticity of a good will tend to be larger:a)the longer the relevant time period. b)the fewer number of substitute go
Butoxors [25]

The price elasticity of a good will tend to be larger if the fewer number of substitute goods will be  available.

The cross elasticity of demand for substitute goods is always positive because the demand of one good increases at the time when the price for the substitute good increases however the cross elasticity of demand for complementary goods is always negative.

For example, if the price of coffee rises, the quantity demanded for tea which is the best  substitute of coffee beverage will increase as consumers will switch to a less expensive but the  substitutable alternative.

This is reflected in the cross elasticity of the demand formula, as both the numerator  which is the percentage change in the demand of tea and denominator which is the price of coffee  shows a positive increase.

To know more about price elasticity of demand here:

brainly.com/question/13565779

#SPJ4

7 0
2 years ago
Closing entries are not needed if adjusting entries are prepared need not be journalized if adjusting entries are prepared must
anastassius [24]

Answer: Closing entries: <u>" must be journalized and posted ".</u>

Explanation: Closing entries are those registrations that are ALWAYS made at the end of an accounting period because it cancels the balance of all temporary accounts to transfer them to permanent accounts.

Temporary accounts are profit and loss accounts, so the result of the year is determined in this way.

7 0
3 years ago
This is not a question for assignment but since I cant like post it somewhere else well why not here but anyways WHO READY FOR R
svet-max [94.6K]

Answer:

I do not know many rappers but if your exited im exited!

Explanation:

7 0
3 years ago
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