Would say that such a cruise ship would be an example of a supplier since on shore excursions presumably would be organized by the ship strictly for the ship passengers so this means the ship personnel would be the chief suppliers of this service.
Answer:
7.73%
Explanation:
The computation of the cost of preferred stock is shown below:
As we know that
Cost of preferred stock = {Annual dividend ÷ (price - flotation cost)} × 100
where,
Annual dividend = 6.0% × $100 = $6
Flotation cost = $80 × 0.03 = $2.4
And, the price is $80
So, the cost of preferred stock is
={$6 ÷ ($80 - $2.4)} × 100
= ($6 ÷ 77.6) × 100
= 7.73%
We simply applied the above formula
Answer:
$1,083
Explanation:
Given that,
Cost of providing perpetual care service for grave sites = $130 per year
Interest rate = 12 percent
Therefore, the one-time fee the owner should charge:
= Cost of providing perpetual care service for grave sites ÷ Interest rate
= $130 ÷ 0.12
= $1,083.33 or $1,083
Hence, the one-time fee should the owner charge for the perpetual care service is $1,083.
Stamp act!!!! Hope this helps!!! :)