U.S Technologies preferred stock sells for $80 and pays $9 each year in dividends. What is the expected rate of
return?
What will be an ideal response?
rp = D/V = $9/805 = .1125 = 11.25%
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Use the following information to answer the question below. When Langston Corporation was formed on January 1, 20x5, the corporate charter provided for 100,000 shares of $10 par value common stock. The following transactions were among those engaged in by the corporation during its first month of operation: 1. The corporation issued 400 shares of stock to its lawyer in full payment of the $10,000
bill for assisting the company in drawing up its articles of incorporation and filing the proper papers with the state agency. 2. The company issued 16,000 shares of stock at a price of $50 per share. 3. The company issued 14,000 shares of stock in exchange for equipment that had a fair market value of $320,000. The entry to record transaction 3 is: A) Equipment 320,000 Common Stock 320,000 B) Common Stock 140,000 Equipment 140,000 C) Equipment 140,000 Common Stock 140,000 D) Equipment 320,000 Common Stock 140,000Additional Paid-in Capital 180,000
If the number of units produced in a period is smaller than the number of units sold in period, absorption costing income will be higher than variable costing income
Indicate whether the statement is true or false
Decisions made by multinational corporations to manage working capital accounts can have significant consequences on the long-run survival of the firms.
Answer the following statement true (T) or false (F)
Which of the following laws applies to federal employees?
a. The Disability Act b. The Protection of Major Life Activities Act c. The Americans with Disabilities Act d. The Rehabilitation Act