Answer:
cost of preferred stock = 9.08%
Explanation:
given data
sells = $97.50 per share
pays annual dividend = $8.50
flotation cost = 4.00% of price paid
solution
we get her cost of preferred stock that is express as
cost of preferred stock = .......................1
put here value and we will get
cost of preferred stock =
cost of preferred stock =
cost of preferred stock = 9.08%
17 which should equal 215.01 I think- sorry if I’m wrong
Answer:
$210,000 and $1,200,000
Explanation:
The computation is shown below:
Given that
Ending Balance in retained earnings = $990,000
Net income = $350,000
Dividend paid in 2021 is
= 40% of net income
= 40% of $350,000
= $140,000
So, the Addition to retained earning is
= Net income - dividends
= $350,000 - $140,000
= $210,000
Now the ending balance in retained earnings is
= Beginning balance in retained earnings + addition to retained earnings
= $990,000 + $210,000
= $1,200,000
The product/service management that Ray do was that He had made his design department to be able to design a furniture piece.
<h3>What was Ray doing?</h3>
Product service management (PSM) is known to be a kind of a marketing function that is said to be based on making better a product or service due to market changes.
Note that involves an ongoing analysis of their features so that one can be able to improve as well as modify the items that are needed.
Ray in the above is carrying out marketing information management by gathering information from customers to use so that he can set up the theater system seats. The activities is one that entail pricing and the use of the channel management function.
Therefore, The product/service management that Ray do was that He had made his design department to be able to design a furniture piece.
Learn more about management from
brainly.com/question/25852766
#SPJ1
Answer:
Estimated Annual Overhead divided by Estimated Annual Activity Level
Explanation:
The computation of the predetermined overhead rate. The formula is shown below:
Predetermined overhead rate = (Total estimated manufacturing overhead) ÷ (estimated direct labor-hours)
The estimated direct labor hour is a part of the activity level
And, it shows a relationship between the Total estimated manufacturing overhead and the estimated annual activity level
Hence, all other options are wrong