A preferred stock will pay a dividend of $3.00 in the upcoming year and every year thereafter; i.e., dividends are not expected to grow. You require a return of 9% on this stock. Use the constant growth DDM to calculate the intrinsic value of this preferred stock.

A. $33.33
B. $0.27
C. $31.82
D. $56.25


A. $33.33

3.00/.09 = 33.33.

Business

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The Plutonium Company has a bond investment classified as held-to-maturity, which has a carrying value of $62,000 and a fair value of $24,000. The decline in value is considered as other than temporary. What entry should Plutonium make to record the decline in value?

A) Unrealized Loss on Value Decline 38,000Allowance for Change in FairValue of Investment 38,000 B) Investment in Held-to-Maturity Securities 38,000Realized Loss on Decline in Value 38,000 C) Realized Loss on Decline in Value 38,000Investment in Held-to-Maturity Securities 38,000 D) Unrealized Loss on Value Decline 38,000Investment in Held-to-Maturity Securities 38,000

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Which department prepares the bill of lading?

a. Sales b. Warehouse c. Shipping d. Credit

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Agitation-related emotions result from feeling disappointed, frustrated, or dissatisfied, while dejection-related emotions result from feeling anxious, fearful, or threatened.

Answer the following statement true (T) or false (F)

Business

The supervisor's supervisor is an important player in the performance management process because they

a. Develop the performance evaluation system that is used b. Maintain the job descriptions c. Ensure consistency in the ratings among those they supervise d. Administer pay increases

Business