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Novay_Z [31]
3 years ago
10

Test Tech has preferred stock outstanding that pays an $10.85 annual dividend. It price is $125. What is the required rate of re

turn on the preferred stock
Business
1 answer:
Viefleur [7K]3 years ago
3 0

Answer:

8.7%

Explanation:

Calculation to determine the required rate of return on the preferred stock

Using this formula

Required rate of return=Annual dividend/Price

Let plug in the formula

Required rate of return=$10.85/$125

Required rate of return=0.087*100

Required rate of return=8.7%

Therefore the required rate of return on the preferred stock is 8.7%

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Aleksandr-060686 [28]

Complete/Correct Question:

_________ controls are designed to stop an undesirable event from occurring, whereas _________ controls are designed to identify an undesirable event that has already occurred.

a. Preventive; detective

b. Internal; external

c. Risk; discovery

d. Operating; review

Answer:

a, Preventive, detective

Explanation:

Preventive controls, just as the name implies, are control that stop an event from occurring. An example is taking vaccines. It is a preventive measure of ensuring that some certain illnesses and/or diseases do not happen at that time or in future.

Also, detective controls are controls that are put in place to identify unpleasant events that have occurred. An example is the engine oil indicator on the dashboard of a vehicle showing that the vehicle engine oil has become empty or greatly depleted.

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4 years ago
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The answer to the quesrioin i trimfdn
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3 years ago
Penn Company has a division that manufactures a component that sells for $ 50 and has variable costs of $ 25 and fixed costs of
Tatiana [17]

Answer:

C. $35

Explanation:

Given;

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The minimum transfer price if the division is operating at​ capacity is $35.

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3 years ago
A company wants to identify which of two production methods has the smaller completion time. One sample of workers is randomly s
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Answer:

A. Matched Samples

Explanation:

Matched samples is a situation whereby participants are paired, sharing every other characteristics except the one under investigation. The idea behind this is to have more control over unwanted variables. In this case, the study is measuring two production methods and in order to control the unwanted variable and leave only the characteristic or variable under investigation which is the production method, the two method is carried out by the same workers each.

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Scott was denied the loan because he was not old enough to qualify.

<h3>What is the Payday loan?</h3>

Payday loan is a type of unsecured loan in which high rate of the interest is given to the borrower. It is a kind of the short term loan basically for the two weeks.

According to the above situation, Scott is cannot get the payback loan because he is  minor to sanction a loan. He must have the age of 18 years or above.

Learn more about payday loan here:

brainly.com/question/3949419

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4 0
2 years ago
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