Alpha's preferred stock currently has a market price equal to $80 per share. If the dividend paid on this stock is $6 per share, what is the required rate of return investors are demanding from Alpha's preferred stock?
A. 7.5%
B. 13.3%
C. 3.7%
D. 4.2%
E. 13.3%
Answer: A
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Prior to recording adjusting entries, the Office Supplies account had a $359 debit balance. A physical count of the supplies showed $105 of unused supplies available. The required adjusting entry is:
A. Debit Office Supplies $105 and credit Supplies Expense $254. B. Debit Office Supplies Expense $254 and credit Office Supplies $254. C. Debit Office Supplies $105 and credit Office Supplies Expense $105. D. Debit Office Supplies $254 and credit Office Supplies Expense $254. E. Debit Office Supplies Expense $105 and credit Office Supplies $105.
Which of the following characteristics of psychological capital refers to the will to succeed and the ability to identify and pursue the path to success?
A. resiliency B. hope C. efficacy D. optimism
Sweet Air Filtration Products Company, a major supplier of air filters sold throughout the United States, employs one hundred workers at its principal manufacturing plant. The plant is located in Thunder Bay, which has a population that is 50 percent white and 25 percent African American, with the balance Hispanic American, Asian American, and others. Sweet Air requires a high school diploma as a condition of employment for its cleaning crew. Three-fourths of the white population completed high school, compared with only one-fourth of those in the minority groups. Sweet Air has an all-white cleaning crew. Has Sweet Air violated the Civil Rights Act? Explain.
What will be an ideal response?
Ethical standards would most likely be considered violated if Team Logos Merchandising Corporation deals with a company in a developing nation that A)?agrees to produce goods at Team Logos's desired price.? B)?goes unnoticed by "corporate watch" groups
C)?routinely violates labor and environmental standards. D)?pays its workers less than the U.S. minimum wage.