1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
natta225 [31]
2 years ago
7

A firm has an issue of preferred stock outstanding that has a stated annual dividend of $4. The required return on the preferred

stock has been estimated to be 16%. The value of the preferred stock is ________. A. $64.B. $16.C. $25.D. $50.
Business
1 answer:
snow_lady [41]2 years ago
4 0

Answer:

$64

Explanation:

A firm has an annual dividend of $4

The required return is 16%

Therefore the value of the preferred stock can be calculated as follows

= 16/100 × 4

= 0.16 × 4

= 0.64 ×100

= $64

Hence the value of the preferred stock is $64

You might be interested in
As the production planner for Xiangling Hu Products, Inc., you have been given a bill of material for a bracket that is made up
Klio2033 [76]
<h3>Explanation:</h3><h3>Part (a):</h3>

Solved part is attached as an image.

<h3>Part (b):</h3>

Let us first determine the amount required of each item to produce 1 bracket.

From the attached diagram, we can see that to manufacture 1 bracket, quantity of each item needed is,

Base = 1

Spring = 2

Clamp = 1 + 4 = 5

Housing = 2

Handle = (1 * 1) + (4 * 1) = 5

Casting = (1 * 1) + (4 * 1) = 5

Bearing = 2 * 2 = 4

Shaft = 2 * 1 = 2

Hence, for 50 Brackets, quantity of each item required will be,

Base = 1 * 50 = 50

Spring = 2 * 50 = 100

Clamp = 5 * 50 = 250

Housing = 2 * 50 = 100

Handle = 5 * 50 = 250

Casting = 5  * 50 = 250

Bearing = 4 * 50 = 200

Shaft = 2 * 50 = 100

<em>NOTE: The above quantities give exclusive quantities required for each item. In actual practice, we won't have to purchase base, clamp & housing separately as the will be assembled from their components which are already procured.</em>

<h3>Part (c):</h3>

As 25 bases are already in stock, parts for them will not be needed. I will refer the quantities subtracted due to this by indicating (B). Similarly, quantities subtracted due to clamps will be indicated as (C).

Base = 50 - 25 = 25

Spring = 50

Clamp = 250 - 100 - 25(B) = 125

Housing = 100 - (2*25)(B) = 50

Handle = 1 * 125 = 125

Casting = 1 * 125 = 125

Bearing = 2 * 50 = 100

Shaft = 1 * 50 = 50

6 0
3 years ago
Non verbal communication is also referred to as
quester [9]

It can be called facial expressions

6 0
3 years ago
Read 2 more answers
Regina, the CEO of a popular health magazine, subscribes to 20 other magazines to follow the industry trends, understand the fin
Akimi4 [234]

Answer:

the monitor role

Explanation:

As stated by Henry Mintzberg, managerial roles can be divided into three basic categories:

  1. informational roles: includes monitor, disseminator and spokesperson roles.
  2. interpersonal roles: includes figurehead, leader and liaison roles.
  3. decisional roles: includes the entrepreneur, disturbance-handler, resource-allocator and negotiator roles.

The monitor role requires the manager to seek out information related to the organization and industry, and monitor the organization's productivity and well-being.

8 0
3 years ago
Think about your decision to buy the textbook for this course. You paid $250 for the book, but you would have been willing to pa
mart [117]

If the questions are “would I choose to buy the book in the first place”, and “Would I sell the book at the end of the course”, the answer to both questions is yes. The benefit of buying the book for the course is $400 dollars, which is greater than the sales price of $250. Thus, I would buy the book. At the end of the course, the benefit of keeping the book is $50, while my potential sales price is $125 (50% of 250). Thus, I can sell the book for more than it is worth to me, so I will sell the book at the end of the course. 

7 0
3 years ago
Bill Blum insured his hardware store with a fire insurance policy for $88,000 at a cost of $0.84 per $100. Ten months later his
Dovator [93]

Answer:$616

Explanation:

The insurance policy is a policy on an annual basis in which premium are paid in advance to enable the insurance firm to provide cover for the clients.

Cost of insurance

$0.84* ($88000/100)

= $732.92 per annum

However since the insurance was cancelled after 10 months he will only be responsible for 10 months.

$739.2/12*10

=$616

4 0
2 years ago
Other questions:
  • Transanomics Corp recently issued at par value 5-year bonds with a par value of $500,000, dated January 1, 2015 and bearing an i
    14·1 answer
  • If marcus won a bet by predicting the point spread for the super bowl and claimed it was due to his understanding of probability
    5·1 answer
  • Which of the following most accurately explains why fiat money has value ?
    12·1 answer
  • Anna is willing to spend $500 for the bike she wants. if she finds a bike store where the price of the bike she wants is only $4
    8·1 answer
  • A company creates 40 units of a product using 30 hours of labor and 15 sheets of paper. Labor costs $10/ hour and paper costs $5
    12·1 answer
  • -Provide public goods
    13·2 answers
  • Which of the following statements is TRUE about payday loans? A. They are harder to pay back because of high fees and B. They ar
    7·2 answers
  • Create a bulleted list of four descriptive terms describing possible experience a person may have. These may be your own experie
    9·1 answer
  • The entry to record the issuance of 150 shares of $5 par common stock at par to an attorney in payment of legal fees for organiz
    15·1 answer
  • A tax on the amount of money a person earns in a year is a(n)
    6·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!