Answer:
the company’s cost of preferred stock is 10.53%.
Explanation:
given information:
perpetual preferred stock = $57.00
a constant annual dividend = $6.00
to determine the company’s cost of preferred stock we can use the following formula
%
therefore, the company’s cost of preferred stock is 10.53%.
Answer:
the value of the goods that were given up to produce the bicycle.
Explanation:
Opportunity cost is the cost of the next best option forgone when one option is chosen over other alternatives.
the opportunity cost of purchasing the bicycle is the value of other things that could have been bought instead of the bicycle
He failed at Human Resources functional area of management
Let understand that the functional area of management is the section of management of a firm which ensures that the important business activities are carried out efficiently.
The functional area of management is distinctively categorized into 6 part and they includes:
- Strategic area of management
- Marketing area of management
- Finance area of management
- Human resources area of management
- Technology & equipment area of management
- Operations area of management
In conclusion, the area that Tigger failed at is the Human Resources area because he need to serves as a good example for his Subordinate as well as effectively manage them, whereas, he failed at it.
Learn more about functional area of management here
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