Shiny Industries producers of crab meat can issue perpetual preferred stock at a price of $31.86 per share. The stock would pay a constant annual dividend of $4.85 per share. What is the company's return on preferred stock (r)

Answers

Answer 1

Answer:

the return on the  preferred stock is 15.22%

Explanation:

The computation of the return on the preferred stock is shown below:

Return on Preferred Stock is

= Constant annual Dividend ÷  Price × 100

= $4.85 ÷ $31.86 × 100

= 15.22%

Hence, the return on the  preferred stock is 15.22%

We simply applied the above formula so that the correct value could come

And, the same is to be considered

                                     


Related Questions

During the current year, Tucker had the following personal casualty gains and losses (after deducting the $100 floor):

Asset Holding Period Gain or (Loss)
Asset 1 18 months ($26,300)
Asset 2 2 months 15,780
Asset 3 3 years 32,875

Required:
What are the tax consequences of these items to Tucker?

Answers

Answer:

$22,355 will be taxed as long term capital gains

Explanation:

First of all, casualty gains or losses result from events that are not business related, e.g. your house burnt down. Casualty gains occur when an insurance company or another third party pays for the damage that resulted from a casualty loss. If the reimbursement is larger than the asset's basis, an involuntary conversion gain results. Involuntary conversion gain or net casualty gains are taxed as long term capital gains if the holding period is more than 1 year.

Tucker's net casualty gains = ($15,780 + $32,875) - $26,300 = $22,355

Since capital gains taxes are lower than ordinary income taxes, Tucker will have to pay between either 0%, 15% or 20% as capital gains tax rate.

Julie wants to buy a car and is deciding how she should invest her money. To best meet her needs, she should

Answers

Answer: invest in US savings bonds because of its short term.

Explanation: Investing in savings bonds will help Julie get more money so she can buy her car but at the same time have more money. Julie can get her money out in no time if she needs it and she'll have bigger profits.

Answer:

Its B

Explanation:

2022 edge

West Company estimates that overhead costs for the next year will be $3,800,000 for indirect labor and $970,000 for factory utilities. The company uses machine hours as its overhead allocation base. If 106,000 machine hours are planned for this next year, what is the company's plantwide overhead rate?

Answers

Answer: $45 per machine hour

Explanation:

Company uses machine hours as its overhead allocation base and there were 106,000 machine hours planned.

The overheads are $3,800,000 for indirect labor and $970,000 for factory utilities.

The rate will therefore be;

= Total Overhead / Machine hours

= (3,800,000 + 970,000) / 106,000

= $45 per machine hour

Dawson Electronic Services had revenues of $106,000 and expenses of $63,000 for the year. Its assets at the beginning of the year were $413,000. At the end of the year assets were worth $463,000. Calculate its return on assets.

Answers

Answer:Return On Assets=9.8%

Explanation:

Return On Assets =Net income/Average total assets

But

Net income=Revenues-Expenses

=$106,000 - $63,000

= $43,000

And Average total assets  is given as  (Beginning assets +Ending assets)/2

= ($413,000+$463000)/2=$876,000 /2

=$438,000

Therefore Return On Assets =Net income/Average total assets

= $43,000 / $438,000

=0.098 x 100

=9.8%

The TSA suits:
A Engineering students.
B. Construction students.
C. Technology students.
D. STEM students

Answers

Answer:

C. Technology students.

Explanation:

Answer:

it is c. Technically students

A part of a business's message that distinguishes it from all its competitors
is referred to as what?
A. Cultural sensitivity
B. Unique selling proposition
C. Superiority clause
D. Isolation technique

Answers

Answer:

Unique selling proposition.

Answer:b

Explanation:

Which of the following assumptions would cause the constant growth stock valuation model to be invalid? The growth rate is zero. The growth rate is negative. The required rate of return is greater than the growth rate. The required rate of return is more than 50%. None of the above assumptions would invalidate the model. -Select-

Answers

Answer:

e. None of the above assumptions would invalidate the model

Explanation:

Incomplete question "The constant growth model is given below: P0 = [D0(1 + g)]/[(rs - g)]"

According to dividend discount model,  

P0 = D1/(R-G)

D1 - Dividend at t =1

R - Required rate

G - Growth rate

This would be invalid if R < G. In other words, Dividend growth model will be invalid in only one situation, that is, when growth rate is more than require return. In this situation growth model cannot be used.

On January 1, 2021, the general ledger of Grand Finale Fireworks includes the following account balances:

I need help with the analysis part. Thank you!

Answers

Answer:

first part

Return on equity = net income / equity =

net income = total revenue - expenses = $66,500 - $42,700 (salaries) - $6,900 (utilities) - $8,000 (supplies) - $1,675 (depreciation) - $2,700 (taxes) = $4,525

equity = $153,200 (Dec. 31 balance) + $42,000 (new stocks issued) - $20,000 (treasury stocks) - $3,620 (dividends) + 17,600 (treasury stocks sold) + $4,525 (net income) = $193,705

ROE = $4,525 / $193,705 = 2.34%

The company is less profitable than other companies in the same industry.

second part

total stocks outstanding = 18,100

third part

EPS for January = $4,525 / 18,100 = $0.25

EPS for January is higher than last year's average

How long do you believe it would take you to be ready for a leadership position? :

Answers

Answer:

1 day

Explanation:

What is meant by activity analysis? Give 3 criteria for determining whether an activity adds value.

Answers

Answer:

The definition is summarized below and according to the case provided.

Explanation:

The method of trying to break down another operation into comprehensive steps as well as analyzing every other component independently of someone is activity analysis.

The three criteria for deciding not just whether value addition would be an activity or behavior:

The phase must move the product towards the conclusion. The phase without complete redesign should be performed correctly the first time. The clients are concerned and will compensate for the move to be taken.

Marigold Corp. reported sales of $2200000 last year (80000 units at $20 each), when the break-even point was 44000 units. Marigold’s margin of safety ratio is:_______

Answers

Answer:

the margin of safety ratio is 45%

Explanation:

The computation of the margin of safety ratio is shown below:

The Margin of safety ratio is

= (Actual sales unit - break even sales unit) ÷ (Actual sale unit)

= (80,000 units - 44,000 units) ÷ (80,000 units)

= 36,000 units ÷ 80,000 units

= 45%

Hence, the margin of safety ratio is 45%

We simply applied the above formula so that the correct value could come

And, the same is to be considered

Sledge Co. manufactures a product requiring 1.5 lbs. of raw material for each finished unit. The beginning inventory of raw materials in March was 5,000 lbs. The company wants an inventory of 2,500 lbs at the end of March. Production for March will be 4,000 units. How many lbs. of raw material must be purchased in March

Answers

Answer:

Purchases= 3,500lbs

Explanation:

Giving the following information:

Production= 4,000*1.5= 6,000 lbs

Beginning inventory= 5,000 lbs

Ending inventory= 2,500 lbs

To calculate the direct materials purchase, we need to use the following formula:

Purchases= production + desired ending inventory - beginning inventory

Purchases= 6,000 + 2,500 - 5,000

Purchases= 3,500lbs

Answer:

Sledge Co./

3,500 Ibs. of raw materials must be purchased in March.

Explanation:

a) Data and Calculations:

Purchases of raw materials:

Expected ending inventory =                     2,500 Ibs.

Production for March (4,000 x 1.5 Ibs.) =   6,000 Ibs.

Raw materials available for production =  8,500 Ibs.

Less beginning inventory =                        5,000 Ibs.

Purchases =                                                 3,500 Ibs.

b) The units to be purchase is the difference between raw materials expected to be available for production and the beginning inventory.  Since the expected ending inventory is 2,500 Ibs. and the units to be produced during March is 4,000 units, which will use 6,000 Ibs (4,000 * 1.5 Ibs.), therefore, the total units of raw materials required is 8,500 Ibs.  When the inventory of raw material is taken away, the difference is the Purchases of materials to be made during March.

Charlie is at the top of her company's organization chart. Which of the following is most likely to be her job title?

Answers

Her job title is to be a CEO

According to U.S. GAAP, asset retirement obligations are ________.

a. measured as the present value of past resource usage
b. obligations to replace old buildings and equipment with new assets
c. sinking funds for bonds or other long-term liabilities
d. long-term legal requirements to restore property
e. none of the above

Answers

Answer:

D) long-term legal requirements to restore property

Explanation:

Beyoncé has more than 15 million followers. It is possible that she reached this number of real-people followers organically and over time. In contrast, there are companies that provide a service where Toto could have purchased a large number of ___________

Answers

Answer:

Bot/Spam.

Explanation:

In a case of this such a ghost/spam/bot is been put to place in the help in this follower earnings. This is said to be called social bots; they are often used in a lot of cases in helping to gain sales leads, followers, and drives money ultimately to the assigned follower. Bots of this kind are known to be algorithms used with these social media profiles to create dealings with other people's content. It is particularly seen to attracts engagement with the profile linked to the algorithm, from both real users and other bots.

These bots are seen to always seen to target users with some connection to whatever it is they are ultimately trying to sell.

The next dividend payment by Dizzle, Inc., will be $2.85 per share. The dividends are anticipated to maintain a growth rate of 5.00 percent, forever. If the stock currently sells for $49.30 per share, what is the required return

Answers

Answer:

10.78%

Explanation:

The next dividend payment for Dizzle incorporation is $2.85

The growth rate is 5%

Current stock price is $49.30

Therefore the required return can be calculated as follows

= dividend payment/stock price + growth rate

= 2.85/49.30 + 5/100

= 0.0578 + 0.05

= 0.1078 × 100

= 10.78%

Answer:b9.89

Explanation:

10-.11=9.89

Suppose a campus restaurant increases the number of workers it hires from 2 workers per day to 12 workers per day. As a result, it
total revenue increases from $90 per day to $600 per day.

Assuming that each worker is equally productive, whats the marginal revenue product per day of each additional worker?

Assuming the restaurant is using its resources in a profit-maximizing way, and that each worker works 5 days each week, whats is the current weekly wage rate in the labor market?

Answers

Answer:

It will increase 12 workers per day and increase exponentially with 2 workers. It will also increase by $510 every day.  The restaurant will gain more profit if each worker continues to keep their current weekly wage rate.

Explanation:

a. The marginal revenue product per day of each additional worker is $51 per day.

b. The current weekly wage rate in the labor market is $255.

a. Marginal revenue product per day

Using this formula

Marginal revenue product=Incremental revenue/Incremental workers

Let plug in the formula

Marginal revenue product=($600-$90)/(12-2)

Marginal revenue product=$510/10

Marginal revenue product=$51 per day

b. Current weekly wage rate

Weekly wage rate=$51×5 days

Weekly wage rate=$255

Inconclusion the marginal revenue product per day of each additional worker is $51 per day and the current weekly wage rate in the labor market is $255.

Learn more here:

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why is digital presence is important
Give 3 reasons
I will give brainliest answer

Answers

Answer:

1.)A “digital presence” simply refers to how your business appears online; it's what people find when they search for your business or company on the internet. Digital presence includes content that you control, like your website and social media profiles, but also content that you don't control, such as online reviews.

2.)Job Security:This may seem like it should go without saying, but keeping a professional online presence is very important to keep your job! Your employers need to know that you are not going to hurt the brand and image of the company. ... Then keeping your online presence professional is key.

3.)The Importance of Having an Online Presence is Crucial Now More Than Ever. During this pandemic, it is critical businesses must be online. Having an online presence can help you build an audience, connect with your customers, and keep them updated on your day to day activities, as well as hours of operation.

Income before any of the following items is $500,000. (All numbers are net of taxes.)

Unrealized gain on Trading Securities $200,000
Unrealized gain on Debt Available-for-sale Securities (OCI) 100,000
Realized loss on Discontinued Operations 400,000
Depreciation Expense of $300,000 was mistakenly omitted five years ago--Prior Service Cost

Required:
What is Net Income?

a. $900,000
b. $600,000
c. $0
d. $300,000
e. $800,000

Answers

Answer:

The correct option is d. $300,000

Explanation:

The computation of the net income is shown below:

= Income before adjustments + unrealized gain on trading securities - realized loss on discontinued operations

= $500,000 + $200,000 - $400,000

= $300,000

hence, the net income is $300,000

The correct option is d. $300,000

We simply applied the above formula so that the correct value could come

And, the same is to be considered

Beckman Enterprises purchased a depreciable asset on October 1, Year 1 at a cost of $120,000. The asset is expected to have a salvage value of $15,500 at the end of its five-year useful life. If the asset is depreciated on the double-declining-balance method, the asset's book value on December 31, Year 2 will be:

Answers

Answer: 50400

Explanation:

- Straight-line rate= 100%/ 5 years= 20%

- Double declining Expense= 20% x 2= 40%

From Oct1 to Dec 31 is 9 months/ 12 months a year

- Depreciation Expense year 1= $120000x 0.4x 9/12= $36000

- Book value year 1= beginning year 2= $120000-$36000= $84000

- Book value year 2= $84000- ($84000x0.4)= $50400

The asset is valued at $60,000 at the end of year 2 December by using the asset depreciated on the double-declining-balance method.

What is Depreciation?

Depreciation is allocated to charge a reasonable percentage of the depreciable value throughout each accounting period for the asset's anticipated useful life.

Given,

Purchase Value = $120,000 ( On October 1)

Expected Life = 5 Years

Salvage Value = $15,500

Required to calculate asset value at the End of Year 2  =?

Depreciation Rate = Book Value x 2 divided by Life of Asset

                               = $120,000 x 2/5 = $48,000

Depreciation Rate  = 48,000 x 100/ 120,000 = 40%

Book Value of Year 1 = 120,000 - 120,000 x 40% x 3/12 = $108,000

Book Value for end Year 2 = $108,000 - 120,000 x 40% =  $60,000.

Thus, the Book value of the asset at end of year 2 is $60,000.

Learn more about Depreciation here:

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Annyeonghaseyo, I have 1000+ followers in my Indian account Coz I'm an Indian, if you don't believe, then watch my following. This is just aI wanted to say.​

Answers

Answer:

but annyeonghaseyo is a korean greeting ?

The market price of an $1,000,000, ten-year, 12% (pays interest semiannually) bond issue sold to yield an effective rate of 10% is:______

a. $1,124,623.
b. $1,872,360.
c. $1,122,890.
d. $1,133,270.

Answers

Answer:

Bond price= 1,124,622

Explanation:

Giving the following information:

Face value= $1,000,000

Number of periods= 10*2= 20

Cupon rate= 0.12/2= 0.06

YTM= 0.1/2= 0.05

To calculate the bond price, we need to use the following formula:

Bond Price​= cupon*{[1 - (1+i)^-n] / i} + [face value/(1+i)^n]

Bond Price​= 60,000*{[1 - (1.05^-20)] / 0.05} + [1,000,000 / 1.05^20]

Bond Price​= 747,732.62 + 376,889.48

Bond price= 1,124,622

Amy is considering investing in a project that is expected to return $75,000 five years from now. How much is she willing to pay for this investment if she wants a 10% return

Answers

Answer:

$46,569.10  

Explanation:

The worth of the project today is the present value of the return expected in 5  years using the interest rate of return of 10% as the discount rate as computed below:

PV=FV/(1+r)^n

PV=today's worth of the project which is unknown

FV=future amount expected=$75,000

r=interest rate=10%

n=the time before the return is received=5 years

PV=$75,000/(1+10%)^5

PV=$75,000/(1.1)^5

PV=$75,000/1.61051

PV=$46,569.10  

Assume that new Towne Company reported the following summarized data at September 30, 2016. Accounts appear in no particular order; dollar amounts are in millions.

Stockholders' equity, September 1, 2016* $5 Revenues $37
Accounts Payable 7 Expenses 30
Other assets 21 Cash ?
Other liabilities 6

Stockholders' Equity does not include the current period net income.

Required:
Prepare the trial balance of Towne at September​ 30, 2018. List the accounts in their proper order. How much was Forward Towne. ​Company's net income or net​ loss?

Answers

Answer:

Particulars                      Amount

Stockholders' equity,      $5

September 1, 2016

Add: Revenues                $37

Add: Accounts Payable   $7

Less: Expenses                $(30)

Less: Other assets            $(21)

Add: Other liabilities         $6

Cash                                   $4

                   New Towne

                  Trial balance

For the year ended September 30, 2016

Account title              Debit        Credit

Cash                             $4  

Other assets                $21  

Accounts payable                        $7

Other liabilities                              $6

Stockholders Equity                      $5

Revenues                                       $37

Expenses                      $30                  

Total                              $55    $55    

Revenues              $37

Less: Expenses     $(30)

Net income            $7

Suppose that there is only one small clothing store in the remote village of Green Acres, and until fairly recently all of the townspeople bought most of their clothing there. As more people in Green Acres use the internet to shop for clothes, the price elasticity of demand for shirts at the Green Acres store will:_______

a. decrease because the Internet offers more substitutes.
b. remain the same, but the quantity demanded will decrease as more people shop online.
c. remain the same, but the demand will decrease as more people shop online.
d. increase because the Internet offers more substitutes.

Answers

Answer:

D)increase because the internet offers more substitutes

Explanation:

From the question we are are informed about a situation where there is only one small clothing store in the remote village of Green Acres, and until fairly recently all of the townspeople bought most of their clothing there. In the case that more people in Green Acres use the internet to shop for clothes, the price elasticity of demand for shirts at the Green Acres store will increase because the internet offers more substitutes.price elasticity of demand which is the degree to which there is a change in amount of quantity that is been demanded as a result in the change in price, so on this case as the Green Acres use the internet to shop for clothes the price elasticity of demand for shirts at the Green Acres store will increase and this is as a result of the substitute that is been provided by the internet.

Note that substitute in business means that both the shop online and the clothing stores in the village are offering same purpose. They are substitute.

On 1 January, 2015, Hikers Inc., a U.S.-based company, borrowed £200,000 on a two-year note at a per annum interest of 4.5%. The spot rate on this day was $1.65 per pound. The spot rate on 31 December, 2015, was $1.64 per pound. The journal entries to account for this foreign currency borrowing will include:______

Answers

Answer:

Debit to Interest expenses for $14,760 on December 31, 2015

Explanation:

At the end of December 2014, the accrued interest is to be accounted based on exchange rate prevailing on that date.

The Journal entry would be as follows:

Account Title                  Debit       Credit

Interest expenses        $14,760

Interest payable                             $14,760

(£200,000*4.5%*$1.64 per pounds)

Cash consists of: a. coin, currency, and postage stamps. b. coins, currency, checks, money orders, money on hand or on deposit in a bank or similar depository. c. coins, currency, postage stamps, money on deposit in a bank. d. all of the above.

Answers

Answer:

b. coins, currency, checks, money orders, money on hand or on deposit in a bank or similar depository.

Explanation:

Cash consists of coins, currency, checks, money orders, money on hand or on deposit in a bank or similar depository. Cash is distinct from postage stamps, credit, money orders or checks that are not physically being held by the holder.

Cash can be defined as a legal tender such as money in its physical form which can typically be used to purchase goods and services, as well as pay debt.

Dividends are best defined as:

a. cash or stock payments to shareholders.
b. cash or stock payments to either bondholders or shareholders.
c. distributions of stock to current shareholders.
d. cash payments to shareholders.
e. cash payments to either bondholders or shareholders.

Answers

Answer: a. cash or stock payments to shareholders

Explanation:

A dividend is a cash or stick payment that is given to the shareholders of a company. This reward given to the shareholders can be in the form of cash or other form.

The dividend given to the shareholders is gotten out of the profit that the company makes.

Therefore, the correct option is A.

The results of unethical behavior in a business can be catastrophic, both financially and in reputation. Clearwater Electronics currently has a solid reputation as an ethical organization and wants to maintain that reputation. Top management has tasked the HR department to reinforce ethical behavior consistently throughout the company. Given that responsibility, why is it especially important for the HR professionals themselves to behave ethically?

Answers

Answer:

Throughout the description segment below the overview according to the particular instance is defined.

Explanation:

Even though HR professionals become capable just of establishing as well as maintaining a healthy work atmosphere throughout positions of responsibility, it's indeed crucial that they somehow behave responsibly. This same HR department must therefore implement professional HR activities ensuring that they're being a model citizen again for the majority including its corporation's representatives.

According to the video, what are some examples of Postsecondary Education Administrators? Check all that apply.
Academic Deans,
Admission Directors ,
Department Heads,
College Tutors ,
Instructional Designers,
School Psychologists.​

Answers

Answer: Its 1,2,3

Explanation: Got 100% on Ed!!!

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This leader is someone who asks for input and considers feedback from their team before making a decision.A. democraticB. autocraticC. visionaryD. coaching Steven is making bags of trail mix for hiking club. He will use 23 ounces of walnuts, 11.2 ounces of almonds, and 14.3 ounces of cashews. This amount makes 25 bags of trail mix. How many ounces are in each bag? 3. Lisa's checking account charges her a $35 overdraft fee plus the purchase amountfor each purchase that cause her account balance to go below or stay below $0.On Monday, her account balance was only $40. She made the following purchasesin order:$25 on a gift for her friend$10 on fast food$37 on groceries$15 on gasShe then deposited a $650 check into her account.What is her new account balance? IS(8 Points)5498$533$568$603 How long is the racetrack if it takes a racecar 3.4 a traveling at 75 m/s to finish? Which of the following contains the most atoms?24.305 g Mg39.098 gk21.62 g B9.0122 g Be Parte 2: Write the correct verb for each pronoun,Example: Carolina bebe1. Lorenzo- 2. Maria y Monica-3. Juan y yo-4. Ellas-5. Roberto- 3. In the figure shown, a circle with center O and radius of length 3 units isinscribed in a square. What is the area of the shaded region? *A. 3.86 square unitsB. 7.73 square unitsC. 28.27 square unitsD. 32.86 square units I NEED HELP???????????????????????????????????????Food Should only be accepted from approved sources because they:Select one:A) are subject to regular inspectionsB) provide easy credit term for restaurantsC )have adequate storage space on the vehicle Which type of substance have a definite shape and fixed volume? Solids onlyLiquids and solidsGases onlyLiquids and Gases The state legislature has to decide whether to fund a proposal to repair roads or a proposal that wouldincrease funding for new school construction. Describe the benefits and opportunity cost of the decision Student answers 90% of the questions on the math exam correctly if she answers 27 questions correctly how many questions are on exam What is the magnitude of the initial velocity? If an object has a volume of 3 cm3 and has a density of 9 g/cm3. What is the mass of the object?3 grams6 grams27 grams81 grams En el futuro tu quieres ver tu cantante favorito/a, cual es? Plz help with these 2 questions plz it depends on my gradefor the penny one i need the equation for one of the answers Determine if the two triangles are congruent. 3-for-1 split. After the split, the price of one share was $39.24. What was the pre-split price per share? how do companies profit from child labor State whether ancient Greece or ancient Rome had the most developed or best economy, and explain why you chose that civilization. Select the game which is played on a 5' by 9' surface area:O BadmintonO PaddleballO Ping-PongO Tennis