Answer:
The cost of Ningbo Shipping Preferred stock is 12.40%
Step-by-step explanation:
In this question, we are asked to calculate the cost of Ningbo shipping Preferred stock.
To calculate this, we make use of the following mathematical relation;
The cost preferred stock Kp = Annual dividends/ Issued price-Cost of Issuing
From the question, we identify the following;
Issued price = $125
Annual dividend = $15
Cost of Issuing = $4
Inserting these into the formula we have;
Kp = $15/$125 - $4 = 12.40%
This means that Cost of Ningbo shipping preferred stock is 12.40%
Answer:
$127975, $182875
Step-by-step explanation:
Let the salary in state A be x. Then, the salary in state B is x+54900.
<u><em>Answer:</em></u>
<u><em>Well first we must see if they are proportional.
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<u><em>46.2/6 = 10.7.8/14
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<u><em>7.7 = 7.7
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<u><em>They are proportional. The rate of proportion is 7.7 ounces per cellphone. Hope this helps!
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<u><em>Step-by-step explanation:</em></u>
