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AlekseyPX
3 years ago
10

Moraine, Inc., has an issue of preferred stock outstanding that pays a $5.35 dividend every year in perpetuity. If this issue cu

rrently sells for $93 per share, what is the required return
Business
1 answer:
MA_775_DIABLO [31]3 years ago
4 0

Answer:

5.75%

Explanation:

the required rate of return for a preferred stock can be calculated by dividing the preferred dividend by the current market price:

  • required rate of return = $5.35 / $93 = 5.75%

The preferred dividend is fixed, but the market price varies depending on the required rate of return.

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A manufacturer shipped units of a certain product to two locations. The equation above shows the total shipping cost TTT, in dol
andriy [413]

Answer: 2,200 units.

Explanation:

The complete exercise is:

T = 5c + 12 f

A manufacturer shipped units of a certain product to two locations. The equation above shows the total shipping cost T, in dollars, for shipping c units to the closer location and shipping f units to the farther location. If the total shipping cost was $47,000 and 3,000 units were shipped to the farther location, how many units were shipped to the closer location?

Given the following equation:

T = 5c + 12 f

You know that "T" is the total shipping cost (in dollars), "c" is the number of units shipped to the closer location and "f" is the number of units shipped to the farther location.

Based on the information given in the exercise, you can identify that, in this case:

T=47,000\\\\f=3,000

Then, knowing those values, you need to substitute them into the given equation:

47,000 = 5c + 12(3,000)

And finally, you must solve for "c" in order to calculate the number of units that  were shipped to the closer location.

You get that this is:

47,000 = 5c + 12(3,000)\\\\47,000-36,000 = 5c\\\\11,000=5c\\\\\frac{11,000}{5}\\\\c=2,200

3 0
3 years ago
Read 2 more answers
What do you mean by traditional professional? explain with explain.​
Evgen [1.6K]

Answer:

Army unnie !

Explanation:

Are excited for tomorrow ? I mean time is melting !!!

7 0
3 years ago
Hanover, inc. purchased land through the issuance of long-term bonds. how is this reported on the statement of cash flows?
avanturin [10]
The purchase of land by Hanover, Inc. through the issuance of long term bonds should be reported on the statement of cash flows as
significant non cash investing and financing activity that merits disclosure.
5 0
4 years ago
Advertising, fashion trends, and new product introductions serve to
dmitriy555 [2]
The correct answer is letter c. create consumer demand. Advertising, fashion trends, and new product introductions serve to create consumer demand. 

Disequilibrium occurs when the quantity supplied and the quantity demanded are not the same in a market. The statement presented is True.

8 0
3 years ago
Joel and Mike would like to start a new business selling a product new to the U.S., the Peraves Monotracer. Joel and Mike have d
nadezda [96]

<u>Full question:</u>

Joel and Mike would like to start a new business selling a product new to the U.S., the Peraves Monotracer. Joel and Mike have done a considerable amount of research on this product, and think it would be successful in the U.S. However, they are still concerned about the risk of a new venture and both would like to avoid losing any personal assets. They should organize their firm as a

Multiple Choice

corporation.

limited partnership.

general partnership.

sole proprietorship.

<u>Answer:</u>

They should organize their firm as a   corporation.

<u>Explanation:</u>

A corporation is a kind of business process that represents the business as a separate, legitimate entity managed by a group of directors identified as the board of directors.

An essential component of a corporation is confined liability, which indicates that shareholders may practice share in the profits by dividends and stock recognition but are not individually responsible for the company's shares. A corporation's purposes can be for-profit or not, as with donations. Still, the huge preponderance of corporations intends to afford a return for its shareholders.

8 0
3 years ago
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