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valkas [14]
3 years ago
11

Company BW has issued 2,000 preferred stocks. The par value is $100, dividend rate is 8%, and dividend is paid at the end of eac

h year. Market price is $85 a share. Find the annual cost of preferred stock.
Business
1 answer:
liq [111]3 years ago
3 0

Answer:

9.411 %

Explanation:

COst of preferred stock can be calculated by dividing the dividend by the market price per share

DATA

Dividend rate = 8%

Par value = $100

Dividend = 8% x $100 = $8

Market price = $85

Solution

Cost of Preferred stock = Dividend / Market price

Cost of Preferred stock= 8% ×$100/$85

Cost of Preferred stock= 9.411 %

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Which of the following items is included in the financing activities section of the statement of cash flows?
Lyrx [107]

Option B, Cash effects of transactions obtaining resources from owners and providing them with a return on their investment.

Explanation:

Option "A" is incorrect because loans are transacted and collected depending on the nature of the activity.

Option "C" is wrong because investment activity covers procurement and disposal of investment and property and equipment.

Option "D" is wrong since transfers of cash to net income would be subject to operations

The financial transactions in the cash flow statement depends on how a company receives money and returns the capital market back to creditors. These activities include the payment of cash dividends, the addition or change of loans, or the issuance and sale of more stocks.

3 0
3 years ago
Customer retention rate customer satisfaction and market share are all example of?
Zina [86]

Customer retention rate, customer satisfaction, and market share are all the examples of marketing performance.

What is meant by marketing performance?

  • Marketing performance is the alignment between goals and objects of marketing team versus actual results. It is measured using metrics and Key Performance Indicators (KPIs), including return on investment, cost per sale, cost per lead, conversion rate, and customer lifetime value.
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To read more about marketing performance, refer to :

brainly.com/question/28316044

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3 0
2 years ago
Suppose you could impose a perfectly enforceable carbon tax either upstream onproducers (e.g., Exxon pays a tax when it extracts
kotegsom [21]

Answer:

It is FALSE that If the tax is imposed upstream versus downstream, economic theory predicts that this will lead to the same allocation of abatement activity, but it will change who bears the burden (incidence).

Explanation:

When tax is imposed upstream versus downstream the person that bears the burden will not change because at both incidence it is the consumer(Downstream) that will cover the tax still.

Upstream refers to points in production that originate early on in the processes. Often applied to the oil and gas industry, upstream activities include exploration, drilling, and extraction.

The downstream sector is the refining of petroleum crude oil and the processing and purifying of raw natural gas, as well as the marketing and distribution of products derived from crude oil and natural gas.

6 0
4 years ago
Rodriguez Company completed its income statement and comparative balance sheet for the current year and provided the following i
Oxana [17]

Answer and Explanation:

The preparation of the operating activities section is shown below:

                                         Rodriguez Company

                             Statement of Cash Flows (partial)

Cash flows from operating activities:  

Net loss $ (6,400)  

Adjustments  

Add: Depreciation expenses $4,500

Add: Amortization of copyright $200

Add: Decrease in accounts receivable $5,000  

Add: Increase in salaries payable $11,000  

Less: Decrease in other current liabilities -$1,800

Net cash flow from operating activities $12,500

The negative sign reflects the cash outflow and the positive sign reflects the cash inflow

3 0
4 years ago
Data for 2021 were as follows: PBO, January 1, $243,000 and December 31, $278,000; pension plan assets (fair value) January 1, $
tester [92]

Answer:

$45,000

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Computation for the projected benefit obligation

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Funded status($45,000)

Therefore the projected benefit obligation was underfunded at the end of 2021 by: $45,000

7 0
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