Answer:
The answer is $115.38
Explanation:
Solution
Given that
The annual dividend on preferred stock = $7.50
Required return on preferred stock+= 6.5%
The next step is to find at what price should the preferred stock sell which is given as follows:
The rice of preferred stock = 7.50/6.5%
= $115.38
$115.38 is the price at which the stock preferred was sold.
Always buy what you need first groceries,things for school,ect. Then focus on your wants after that. Save alot too.
The steps that marketers should follow are identify cost of necessary communications, compare budget to that of competitors and establish set of communication objectives.
<h3>
What is communication?</h3>
The traditional definition of communication is the transfer of information. The phrase could be used to describe the transmission's message or the field of study that looks into it. There are several disagreements over the precise definition of it. This justification suggests that one definition of communication might be the process of mutual understanding being established between things or groups through the use of signs, symbols, and semiotic customs. It's important to distinguish between non-verbal communication, which can include things like gestures and facial expressions, and verbal communication, which happens through the use of words. Models of communication provide a detailed description of the numerous stages and parties involved in communication. Numerous academic fields focus on communication. Information theory examines how information is generally quantified, stored, and transmitted.
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The effect on economic growth in the country is the capital stock is decreasing.
<h3>What is
economic growth?</h3>
The rise or improvement in the market value of the commodities and services generated by an economy during a specific time period, adjusted for inflation, is referred to as economic growth. Traditionally, statisticians use the real GDP growth rate as a proxy for measuring economic growth. To account for inflation's distorting influence on the pricing of produced items, growth is typically expressed in real terms, or terms adjusted for inflation. Using national income accounting, economic growth is measured. It has all the benefits and disadvantages of that measure since economic growth is calculated as the annual percent change of GDP. Commonly, the GDP to population ratio is used to compare the economic growth rates of different nations (per-capita income).
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<u>Solution and Explanation:</u>
a) No, it should not be included as the goods were shipped on 26th March and the terms were FOB shipping, it does not matter that customer receives it on 2 March
.
b) Yes, as the title of goods passes to houghton on 26th March as the terms were FOB shipping hence (450+30) $480 should be included.
c) Yes, $720 should be included in ending inventory as the goods will be shipped on 10th march
.
d) No, as the goods were on consignment
.
e) No, as the terms are FOB destination hence totle of goods passes to Houghton on March 2 hence shouls not be included.
f) Yes, as terms include FOB destination so titke passes to customer on March 2 hence is included at cost of $240.