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11Alexandr11 [23.1K]
2 years ago
9

Here and After Corporation plans a new issue of preferred stock. Similar risk stock currently offers an annual return to investo

rs of 18.0%. The company wants the stock to sell for $743.00 per share. What annual dividend must the company offer?
a. $192.85.
b. $4,127.78.
c. $148.45.
d. $133.74.
e. $3,809.94.
Business
1 answer:
Musya8 [376]2 years ago
8 0

Answer: d. $133.74

Explanation:

The dividend paid to preferred shareholders is constant and based on the annual rate of return on the stock. If they plan to sell at a price of $743 per share, the dividend will be:

Dividend = Annual rate of return on stock * Price of stock

= 18% * 743

= $133.74

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2 years ago
The Smith Company manufactures insulated windows. Costs for March were as follows. Direct labor $53,000 Indirect labor 18,000 Sa
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Answer:

$27,000

Explanation:

The following costs were incurred by Smith's company during the month of March

Direct labor $53,000

Indirect labor 18,000

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Direct materials 48,000

Indirect materials 4,000

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3 years ago
I would reslly appreciate the help?
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Answer:

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3 years ago
Read 2 more answers
You borrow $12,600 to buy a car. The terms of the loan call for monthly payments for five years at an interest rate of 4.65 perc
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Answer:

$627

Explanation:

To find the answer, we use the present value of an annuity formula:

P = A[1-(1+i)^{-n} /i]

Where:

  • P = Present value of the investment
  • A = Value of the annuiry
  • i = interest rate
  • n = number of compounding periods

Now, we plug the amounts into the formula:

12,600 = A[1-(1+0.0465)^{-60} /0.0465\\]

12,600 = A (20.09870355)

A = 12,600/20.09870355

A = 627

Thus, the value of the monthly payments is $627

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