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andrew-mc [135]
3 years ago
12

Smiling Elephant, Inc., has an issue of preferred stock outstanding that pays a $6.10 dividend every year, in perpetuity. If thi

s issue currently sells for $80.65 per share, what is the required return?
Business
1 answer:
Contact [7]3 years ago
5 0

Answer:

7.56%

Explanation:

Calculation for the required return for Smiling Elephant

Using this formula

Required return =D/P0

Where,

D=$6.10

P0=$80.65

Let plug in the formula

Required return =$6.10/$80.65

Required return =0.0756×100

Required return =7.56%

Therefore the Required return for Smiling Elephant Inc will be 7.56%

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Zinc, Inc. has 10,000 shares of $5 par, 5% preferred stock, and 5,000 shares of $10 par common stock issued and outstanding. If
Anna11 [10]

Answer:

A. 2500

Explanation:

10,000 shares x $5 x .05= 2500

8 0
3 years ago
Custom Foot operates six retail locations. At first glance, none looks any different from your basic old-fashioned shoe store, b
sergeinik [125]

Answer:

This is an example of mass customization

Explanation:

Mass customization is a business concept that involves mass manufacturing products that meet individual consumer wants and needs. It combines flexibility and personalization of unique made products with the low unit costs associated with mass production. It is sensitive to customer preferences with standardisation of processes, and the customer satisfaction that comes with owning a custom product.  

Custom Foot offers a basic package for their boots and shoes, and then offer customers a variety of features they can add or subtract. With this, they can provide alternatives for modifying a product without the costs associated with making a 100 percent unique product.

8 0
3 years ago
In two to three sentences, explain the differences between an operating system and an operating environment.
Leno4ka [110]

Answer:

see below

Explanation:

An operating system or simply OS is a program that manages a computer's hardware and software resources.  Operating system tasks include controlling and allocating memory, controlling input and output devices, facilitating networking, and prioritizing system requests.  Macintosh, Windows, or Linux are the most common operating systems that computers run on.

The operating environment is the environment in which a user runs application software. It consists of a user interface and an application programming interface. An operating environment is a middleware that rests between the Operating system and applications.

8 0
3 years ago
Zander Inc. uses a job-order costing system in which any underapplied or overapplied overhead is closed to cost of goods sold at
Digiron [165]

Answer:

The answer is "$ 1,251,710".

Explanation:

Formula:\text{Overall cost for Job F21X completed during the month = } \\\text{Beginning balance + Direct materials + Direct labor + Manufacturing overhead applied }

= \$ 80,595 + \$ 937,290 +\$ 316,410 + \$ 543,270 \\\\= \$ 1,877,565

Complete unit in Job = 29,850 units

Per unit cost units

                      = \$ 62.9  per unit

Sold units=  19,900 units

Sold goods cost = 19,900 \times  \$ 62.9

                           = \$ 1,251,710

5 0
3 years ago
Restructuring organizations to retain the most essential employees is known​ as:
AVprozaik [17]

There are several types of organization restructuring:

<span>1.      </span>Downsizing

<span>2.      </span>Starbust

<span>3.      </span>Verticalization

<span>4.      </span>De-layering

<span>5.      </span>Business process re-engineering

<span>6.      </span>Outsourcing, and

<span>7.      </span>Virtualization

<span>Among them, the type of restructuring to retain the most essential employees is known as de-layering.  D</span><span>e-layering involves breaking down the typical pyramid setup into a flat organization. Its purpose is to thin out or lessen the top layer of unproductive and highly paid ‘white collar’ personnel. It promotes innovation, builds customer intimacy and increases consumer satisfaction. The main advantage is that the decision-making process becomes more effective and shorter.</span>

4 0
3 years ago
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