Answer:
Step-by-step explanation:
Hope this helps!
Answer:
The cost of Ningbo Shipping Preferred stock is 12.40%
Step-by-step explanation:
In this question, we are asked to calculate the cost of Ningbo shipping Preferred stock.
To calculate this, we make use of the following mathematical relation;
The cost preferred stock Kp = Annual dividends/ Issued price-Cost of Issuing
From the question, we identify the following;
Issued price = $125
Annual dividend = $15
Cost of Issuing = $4
Inserting these into the formula we have;
Kp = $15/$125 - $4 = 12.40%
This means that Cost of Ningbo shipping preferred stock is 12.40%
Answer:
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Step-by-step explanation:
Answer:
120
Step-by-step explanation:
Exterior angle theorem
50 + 70 = 120
Let’s start with putting the unknown to x, in this case it is the number.
5x-5=7+3x, so now we just solve this equation.
5x-3x=7+5
2x=12
x=6
the number is 6
