Answer:
A) Trying to determine whether the company's net income will result in a stock price increase - Investors in common stock
B) Trying to determine whether an advertising proposal will be cost-efficient - Marketing managers
C) Trying to determine whether the company can pay its obligations - Creditors
D) Trying to determine whether the company should employ debt or equality financing - Chief Financial Officer
E) Trying to determine whether the company complied with tax laws - Internal Revenue Service
Answer:
$20,000
Explanation:
Calculation for the amount of retained earnings as of December 31, Year 2.
Using this formula
Retained earnings=Total cash -Notes payable-common stock
Where,
Total cash= $195,000
Notes payable= $90,500
Common stock= $84,500
Let plug in the formula
Retained earnings = $195,000 − $90,500 − $84,500
Retained earnings= $20,000
Therefore the amount of retained earnings as of December 31, Year 2 will be $20,000
When a sales job is being filled by an untrained individual, the job specifications list will most likely include __<u>E) personality traits</u>___ as a way to predict which candidate will perform the job well.
<h3>What are personality traits?</h3>
Personality traits are some characteristics or qualities associated with individuals. Some of the personality traits include extroversion, agreeableness, openness, conscientiousness, adaptability, and neuroticism.
<h3>Answer Options:</h3>
A) age and gender
B) length of previous service
C) past job performance
D) relevant certification
E) personality traits
Thus, since the individuals involved are not trained, the most important factor to consider is not age, gender, previous service, past job performance, or relevant certification, but <u>E) personality traits.</u>
Learn more about personality traits here: brainly.com/question/10082381
Answer:
c. 11.70 percent
Explanation:
The computation of the cost of preferred stock is shown below:
= Annual dividend ÷ Sale price of preferred stock × (1 - flotation cost)
= $9.35 ÷ $85 × (1 - 6%)
= $9.35 ÷ $79.9
= 11.70%
We ignored the marginal tax rate i.e 30%. In the case of preferred stock, the flotation cost would be deducted. We consider all the things that are given in the question
