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erastovalidia [21]
3 years ago
14

Cartwright Brothers preferred stock has an annual dividend of $3.50 per share if the required rate of return on the preferred st

ock is 12% how much would you be willing to pay for one share of the preferred stock
Business
1 answer:
Vilka [71]3 years ago
3 0

Answer:

$29.17

Explanation:

Calculation for how much would you be willing to pay for one share of the preferred stock

Using this formula

Amount willing to pay=Preferred stock annual dividend/Required rate of return on preferred stock

Let plug in the formula

Amount willing to pay=$3.50 per share/0.12

Amount willing to pay=$29.166

Amount willing to pay=$29.17 (Approximately)

Therefore how much would you be willing to pay for one share of the preferred stock is $29.17

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The study of how people choose to use scarce resources to satisfy their wants and needs​
NeTakaya

Answer:

Economics

Explanation:

Economics is the study of the activities that individuals and society undertake to satisfy their unlimited wants using scarce resources. Economics involves analysis of the production of goods and services, their distribution and consumption in a country. It involves the study of how individuals, firms, and the government allocates scarce resources to meet the need of society.

Economics is categorized in microeconomics and macroeconomics.  Microeconomics concentrates on the key economic indicators such as demand, supply, and income and how they affect an individual, firm, or product.  Macroeconomics studies the economic conditions in a country as a whole. It is concerned with issues such as inflation, Unemployment rate, and GDP

5 0
3 years ago
Oriole Company bought equipment for $420000 on January 1, 2021. Oriole estimated the useful life to be 4 years with no salvage v
morpeh [17]

Answer:

$63,000

Explanation:

Straight line method charges a fixed amount of depreciation for the period the asset is used in the business.

Depreciation Expense = (Costs - Salvage Value) ÷ Estimated useful life

therefore,

2021

Depreciation Expense = $420000 ÷ 4 = $105,000

2022

One month has already expired, therefore the remaining useful life out of 6 years will be 5.

New Depreciable Amount = Cost - Accumulated depreciation to date

                                            = $420,000 - $105,000

                                            = $315,000

Depreciation expense = $315,000 ÷ 5 = $63,000

Conclusion :

the revised depreciation expense for 2022 is $63,000

6 0
3 years ago
Which of the following segments of PESTEL analysis includes elements such as tax policies and changes in trade restrictions and
slavikrds [6]

Answer:

A. Political

Explanation:

PESTEL analysis is an instrument used to analyze and monitor the macro economic environmental factors than can have an effect on the organization.

PESTEL is an acronym for

P - Political

E - Economic

S - Social

T - Technology

E - Environmental

L - Legal

Political Factor - This is all about the role government plays in the economy. This can include – government policy, political stability or instability in overseas markets, foreign trade policy, tax policy, labour law, environmental law, trade restrictions etc.

Studying this would enable organizations respond better to current trends and prepare better for future legislations.

8 0
3 years ago
Why might a tissue such as the pancreas not be a good source to choose for the isolation?
DIA [1.3K]
LDH production is not associated with pancreatic cell secretions. Pancreas secretes the following pancreatic lipases to convert fats into lipoproteins and triglycerides.
7 0
4 years ago
Diane paid $600,000 for a six-unit apartment building. The gross income is $900 per month per unit, with annual expenses of $16,
Stells [14]

Answer:

8%

Explanation:

First calculate annual gross income. 900 x 6 x 12 = 64,800. Next determine the net income. 64,800 - 16,880 = 48,000. 48,000 / 600,000 = .08 or 8%

7 0
3 years ago
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