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yanalaym [24]
3 years ago
15

J&J Foods wants to issue 5.4 percent preferred stock with a stated liquidating value of $100 a share. The company has determ

ined that stocks with similar characteristics provide a return of 8.2 percent. What should the offer price be?
Business
1 answer:
Studentka2010 [4]3 years ago
3 0

Answer:

$65.85

Explanation:

Calculation for What should the offer price be

Using this formula

Offer price=(Preferred stock× Liquidating value)/Return

Let plug in the formula

Offer price = (0.054 × $100) / 0.082

Offer price=5.4/0.082

Offer price = $65.85

Therefore the offer price should be $65.85

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There is a 3 percent error rate at a specific point in a production process. If an inspector is placed at this point, all the er
xenn [34]

Answer:

Yes the inspector should be hired

Explanation:

Defective average = 0.03

inspection rate = 30 per hour

Cost of inspector = 8 per hour

Correction cost is $10 each

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5 0
3 years ago
Prior to adjustment at August 31, Salaries Expense has a debit balance of $272,650. Salaries owed but not paid as of the same da
zlopas [31]

Answer:

A. Dr Salary Expense $3,140

Cr Salary expense outstanding $3,140

B. Dr Income summary $275,790

Cr Salary expense $275,790

Explanation:

A. Preparation of the adjusting entry to record accrued salaries as of August 31

August 31

Dr Salary Expense $3,140

Cr Salary expense outstanding $3,140

(To record accrued salaries)

B. Preparation of the Closing entry on August 31

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Dr Income summary $275,790

Cr Salary expense $275,790

($272,650+$3,140)

(To record Closing entry)

5 0
2 years ago
logistics plans are executed and altered over the many years of deployed operation, with operations and support (O
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<h3>How do I create a logistics plan?</h3>
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  • Optimize Inventory Management. ...
  • Integrate the Company Divisions. ...
  • Meet Deadlines and Keep your Word.

<h3>How long is a Air Force logistics Tech School?</h3><h3>27 days</h3>

This initial training is required for all non-prior service personnel and is 8.5 weeks long.

After graduation from basic training, you'll be sent to your tech school at Lackland Air Force Base (the same base as basic training), which is 27 days long.

Learn more about logistics here:

<h3>brainly.com/question/25743558</h3><h3 /><h3>#SPJ4</h3>
4 0
1 year ago
Tom is a junk remover who occasionally finds rare antiques to sell. He uses an online auction site to sell each antique for the
Hunter-Best [27]

Answer:

Option (b) is correct.

Explanation:

There are three types of price discrimination:

(i) First degree price discrimination or Perfect price discrimination

(ii) Second degree price discrimination

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Perfect price discrimination refers to a situation in which the selling price of the product is equal to the price that a consumer willingness to pay for the product. This is a situation in which there is no consumer surplus.

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4 0
3 years ago
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