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a_sh-v [17]
4 years ago
14

A share of preferred stock for Marshall Manufacturing currently sells for $120. It offers the investor a dividend rate of 8%, on

a par value of $100.
Business
1 answer:
Komok [63]4 years ago
5 0

Answer:

Po = $120

D = 8% x $100 = $8

Kp = D/Po

Kp = 8/120

Kp = 0.0667 = 6.67%

Explanation:

The question requires the computation of cost of preferred stock. In this case, we will calculate the current dividend paid based on the par value of the stock. Then, we need to divide the current dividend paid by the current market price of the stock. This gives cost of preferred stock.

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in 1978, the texas constitution was amended (article 8, section 22), so that if the economy of the state shrinks,
BigorU [14]

In 1978, the texas constitution was amended (article 8, section 22), so that if the economy of the state shrinks, appropriations have to shrink as well.

<h3>what is texas constitution ?</h3>

The Texas Constitution is the fundamental governing document of Texas, describes the structure and function of the government, it consists of a preamble and 17 articles.

  • Article 1  represents Bill of Rights and consists of 34 sections.

  • Article 2  represents the Power of Government which provides for the separation of the powers of the government.

  • Article 3 represent the Legislative Department, include the legislative power of the state of Texas and  consists of the Texas Senate and Texas House of Representatives.

  • Article 4 Executive Department and it consists of 26 sections which describes the powers and duties the officials of  state's executive.

  • Article 5 Judicial Department consists of 32 sections, explains the composition, powers of the Texas Supreme Court, the Court of Criminal Appeals,  Justice of the Peace Courts etc.

  • Article 6 Suffrage consists of five sections, defines classes of persons are not allowed to vote like minors, persons convicted of a felony etc.

  • Article 7 Education consists of 20 sections,  provisions for public schools, asylums and universities.

  • Article 8 Taxation and Revenue which places various restrictions on the ability of the Legislature and local governments to impose taxes like local property taxes.

Learn more about texas constitution , here:

brainly.com/question/28189890

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4 0
2 years ago
Classify each type of income as earned or unearned: gifts
mars1129 [50]
Gifts would be classified as an unearned source of income
4 0
3 years ago
_____ is a team behavior demonstrated by using good manners.
svp [43]

Answer:

listening

Explanation:

7 0
3 years ago
Jose's Pizza Parlor, Inc., recently acquired controlling interest in Mariana's Pizza Parlor, Inc. This acquisition is called:
deff fn [24]
(D) Horizontal merge
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3 years ago
Corey notices a "backlash" against health food among people who eat out. He decides to open a restaurant that stresses "good hom
Llana [10]

Answer:

<u>Opportunity</u>

Explanation:

Corey notices a "backlash" against health food among people who eat out. He decides to open a restaurant that stresses "good home cooking" heavy with gravies , bread , oils , etc. Corey has identified and is trying to capitalize on an opportunity in the market environment.

O<em>pportunities are external thin</em>g .<em> You have to look for them , it is not something which come to you by it own .Instead you have to work hard for </em>it.

You should have the full knowledge about the external environment . You should have the knowledge about the market about people and should know about the taste and preferences of the people.

There is always an opportunities you just need to identify it . Here <em>Corey identify the need and he have the means to fulfill that need which als</em>o <em>essential</em> . Only identifying the opportunities is not the only thing but also you have the means to fulfill them . After that you can gain benefits.

7 0
3 years ago
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