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MrRissso [65]
2 years ago
15

Duggins Veterinary Supplies can issue perpetual preferred stock at a price of $75 a share with an annual dividend of $6.00 a sha

re. Ignoring flotation costs, what is the company's cost of preferred stock, rps
Business
1 answer:
maria [59]2 years ago
6 0

Answer: 6%

Explanation:

Based on the information given, when the flotation costs is ignored, the company's cost of preferred stock will be calculated thus:

Cost of preferred stock = Dividend on preferred stock / Price of preferred stock

Cost of preferred stock = 4.5/75 = 0.06 = 6%

Therefore, the cost of preferred stock is 6%.

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Answer: Supply Management

Explanation:

Supply management is referred to as or known as the task of acquiring, identifying, and also managing suppliers and resources that tends to be  essential for operations of the organization.  It is also referred to as procurement, i.e. supply management tends to include purchase of commodities such as physical goods, services, information, and several other resources that might enable an organization to continue growing and operating .

5 0
2 years ago
Peter pine is doing his budget. he discovers that he has spent an average of $225.00 a month on entertainment for the year with
Olin [163]

The z for $60.00 = -2.2

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6 0
2 years ago
Suppose the price of a tie rises from $45 to $55. using the midpoint method, what is the percentage change in price?
Vinvika [58]
<span>By midpoint formula, the percentage change in the price of a tie = {( $55 - $45) / [($45 + $55)/2]} * 100 = (10/50) * 100 = 20 percent</span>
4 0
3 years ago
Which of the following is a false statement?
astraxan [27]

D) All states have a flat state tax.

8 0
2 years ago
Ellen supports her family as a self-employed attorney. She reports $90,000 of income on her Schedule C and pays $8,000 for healt
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Answer:

$14500

Health insurance+dental+health insurance for daughter

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Explanation:

3 0
3 years ago
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