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Mrrafil [7]
3 years ago
7

Global Inc. Has a preferred share issue outstanding with a current price of $26.80. The firm is expected to pay a dividend of $1

.90 per share a year from today. What is the firm's cost of preferred equity?
Business
1 answer:
kondor19780726 [428]3 years ago
4 0

Answer:

7.09 %

Explanation:

Cost of preferred equity = Dividend  / Market Price x 100

therefore,

Cost of preferred equity = $1.90 / $26.80 x 100 = 7.09 %

You might be interested in
Mission Corporation reported the following equity section on its current balance sheet. The commonstock is currently selling for
castortr0y [4]

Answer:

The correct option is A. 160,160

Explanation:

For computing the total number of common share issued, we have to multiply the common share issued with the dividend percentage

In mathematically,

Total common share issued = Issue of common shares × (1+dividend rate)

where,

Issue of common shares is 143,000 shares

and, the dividend rate is 12%

Now put these values to the above formula

So, the answer would be equal to

= 143,000 shares × ( 1 + 12%)

= 143,000 shares × 1.12

= 1601,60 shares

Since the common share value is given without considering the dividend, so we have to consider it for calculating the total number of common share issued.

The remaining information which is given in the question is irrelevant. Hence, it is ignored.

Hence, the total number of common shares issued is 1601,60 shares

Therefore, the correct option is A. 160,160

4 0
3 years ago
Which best describes which careers would work in offices? O Marketing Information Management and Research, Distribution and Logi
olasank [31]

Answer:

 Marketing Information Management and Research, Distribution and Logistics, and Marketing Communications and Promotion employees can work in offices

Explanation:

I took this test before and this was the answer

3 0
3 years ago
Read 2 more answers
The December 31, 2018, balance sheet of Whelan, Inc., showed long-term debt of $1,420,000, $144,000 in the common stock account,
mestny [16]

Answer:

$606,000

Explanation:

For the computation of operating cash flow first we need to follow some steps which is shown below:-

Net New borrowing = Long-term Debt, 2019 - Long-term Debt, 2018

= $1,620,000 - $1420,000

= $200,000

Cash flow to creditors = Interest expense - Net new borrowings

= $96,000 - $200,000

= -$104,000

Net new equity = Common stock 2019 + Additional paid in surplus 2019 - Common stock 2018 + Additional paid in surplus 2018

= $154,000 + $2,990,000 - $144,000 - $2,690,000

= $310,000

Cash flow to stockholders = Dividend 2019 - Net new equity

= $149,000 - $310,000

= -$161,000

Cash flow from assets = Cash flow to creditors + Cash flow to stockholders

= -$104,000 + (-$161,000)

= -$265,000

and finally

Operating cash flow = cash flow from assets + Net capital spending + Change in Net working capital

= (-$265,000) + $100,000 + (-$129,000)

= $606,000

5 0
3 years ago
The pattern in which a lab scope shows all the cylinders firing in sequence is called the:________
alisha [4.7K]

Answer: parade pattern

Explanation:

To evaluate condition of an ignition system, the primary tool that is typically used is the lab scope or the oscilloscope. While the time is being displayed in an horizontal manner, the voltage is being displayed in a vertical manner.

The pattern The pattern in which a lab scope shows all the cylinders firing in sequence is simply referred to as the parade pattern. It simply shows the amount of voltage that'll be needed to fire the spark plugs.

6 0
3 years ago
PLZ I NEED HELP THIS IS IN FOUNDATIONS BTW PLZ HELP WITH WORK. :/
lina2011 [118]

Answer:

i dont understand this, please give more info

Explanation:

8 0
2 years ago
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