3 years ago

The floating rate feature on preferred stock allows the shareholders

Business

1 answer:

KIM [24]3 years ago

7 0

Answer:

d) to receive a higher or lower dividend yield depending on current competitive market conditions

Explanation:

The floating rate feature on preferred stock allows the shareholders to receive a higher or lower dividend yield depending on current competitive market conditions. The reason is the dividend on preferred stock varies with change in market rates.

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The Beckham Company has the following information about their activity cost pools: Activity Cost Pools Total Overhead Cost Total

LenaWriter [7]

Answer:

$25 per setup

Explanation:

With regards to the above, activity rate is computed as;

= Activity cost pool resources / Activity driver

Activity cost pool resources = $125,000

Activity driver = 5,000

Activity rate for machine setup = $125,000/5,000 = $25 per setup

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3 years ago

Researcher Thompson and her colleagues found that winners and losers evaluated their own outcomes equally when they did not know

mr Goodwill [35]

Answer:

True

Explanation:

The statement is true, as evaluating one's own performance is quite easy, whether I performed good or bad, it is natural to know that.

But, when you know that the competitors have also performed really well, then we think that there are less chances of getting selected because then we doubt on our own capabilities.

This is a normal human tendency that happens and thus, the statement here is true.

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3 years ago

Bedeker, Inc., has an issue of preferred stock outstanding that pays a $3.35 dividend every year in perpetuity. If this issue cu

kolezko [41]

Answer:

$k_{p}$ = 3.72%

Explanation:

We know,

The price of a preferred stock is calculated by dividing the dividends from preferred stock by the required rate of return of preference share. Assuming the stock is growing constantly.

The formula to calculate -

Price of preferred stock = Dividend from preferred stock ÷ required rate of return

Given,

Dividend from preferred stock = $3.35

Price of preferred stock = $90

Therefore,

$90 = $3.35 ÷ $k_{p}$

or, $k_{p}$ = $3.35 ÷ $90

or, $k_{p}$ = 0.0372

Hence, $k_{p}$ = 3.72%

The required return = 3.72%

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3 years ago

Abbott Company purchased $7,100 of merchandise inventory on account. Abbott uses the perpetual inventory method. How does this t

yaroslaw [1]

The answer is b I hope this helps

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3 years ago

A pie chart ____. answer

kherson [118]

I think your answer would be
D

H0P3 It H3LPS :)

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3 years ago