Answer:
In order to find the value of a preferred stock we discount its future payments at the required yield on the stock. Because the preferred stock is perpetual in nature, meaning it pays the same amount forever, we can find it's value by dividing its dividend by its required yield. So in this case the dividend is 6.5 and the required yield is 14% so the value of the preferred stock is
6.5/0.14= $46.42
Explanation:
Answer:
The correct answer is A. Material Ledger Card.
Explanation:
A materials ledger card is a subsidiary record of a raw materials item that stores data on the quantity and cost of units purchased, units issued for use in production, and units that remain in the raw materials inventory.
In other words, it is record of how many units of raw materials are ordered from vendors, how many units are in storage, and how many have been transferred to the production line.
Answer:
c.used by the department
Explanation:
Since in the question it is mentioned that Miller Safety Equipment uses multiple production department rates so that it applied the overhead to products.
And according to that the allocation of support department cost to production
Here, the multiple production department rates are used so the support activity should be only used by the department.
Answer:
The law of diminishing marginal utility says that the marginal utility from each additional unit declines as consumption increases. 1. The marginal utility can decline into negative utility, as it may become entirely unfavorable to consume another unit of any product.
I think it's beneficial because not only do you get a wide variety of ideas, you also get input from people who grew up with different backgrounds.
