What is the after-tax cost of preferred stock if its price is $25 per share and it pays a $1 per share dividend? Assume the firm's marginal tax rate is 25% and there are no flotation costs
A) 5%
B) 9%
C) 3%
D) 4%
E) 1%
D
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________ requires lawsuits to be heard by the court with jurisdiction that is nearest to the location where the incident occurred or where the parties reside.
A. Jurisdiction B. Venue C. Circuit D. Doctrine of stare decisis
The monthly payments on a 36-month lease on a car will often be smaller than the monthly payments on a 36-month loan to purchase the car
Indicate whether this statement is true or false.
Make your font size at least 18 point when creating slides for a presentation
Indicate whether the statement is true or false.
Interpreting the variances is a key part of managerial accounting. For each scenario described below, indicate whether the result would be favorable or unfavorable.ScenarioFavorableUnfavorablea. The production manager finds a new supplier of direct materials. Its prices are 30% less than the current supplier. Is the effect on the direct materials price variance favorable or unfavorable???b. The standard direct materials quantity per product is 2 units. In training new personnel, additional material is often wasted. For his first two-week period, a new employee used 3 units per product. Is the direct materials quantity variance favorable or unfavorable???c. A new collective bargaining agreement among union employees guarantees a wage increase of 5%. What would the effect on the
direct labor rate variance be???d. A new hiring manager prioritizes experience over cost when hiring employees. As a result, the experienced hires produce goods more efficiently than inexperienced counterparts. What effect does this have on the direct labor efficiency variance???e. Consider the same facts as above. What effect do you think this would have on the direct labor rate variance???Now consider each scenario with sustainability metrics in mind. How might the answers change?ScenarioFavorableUnfavorablea. The production manager finds a new supplier of direct materials. Its prices are 30% less than the current supplier. Is the effect on the direct materials price variance favorable or unfavorable???b. The standard direct materials quantity per product is 2 units. In training new personnel, additional material is often wasted. For his first two-week period, a new employee used 3 units per product. Is the direct materials quantity variance favorable or unfavorable???c. A new collective bargaining agreement among union employees guarantees a wage increase of 5%. What would the effect on the direct labor rate variance be???d. A new hiring manager prioritizes experience over cost when hiring employees. As a result, the experienced hires produce goods more efficiently than inexperienced counterparts. What effect does this have on the direct labor efficiency variance???e. Consider the same facts as above. What effect do you think this would have on the direct labor rate variance??? What will be an ideal response?