Jia's Kitchen Stuff has recently sold 1,000 shares of preferred stock. What is the value of the stock assuming 10 percent required rate of return and a preferred dividend of $6.75?
What will be an ideal response?
P = D / r = $6.75 / 0.10 = $67.50
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Fill in the blank(s) with correct word
Josie, a sales professional for a company that manufactures kitchen appliances, is consistently rated by customers as the best salesperson because she has a detailed understanding of all the appliances manufactured by the company, including how they work and how they are made. Given this information, it is evident that Josie possesses sound _____.
A. propositional knowledge B. promotion knowledge C. market knowledge D. inventory knowledge E. product knowledge
Residential real estate is currently assigned a 27.5-year cost recovery period under the Modified Accelerated Cost Recovery System
a. True b. False Indicate whether the statement is true or false
On a work sheet, the amount entered in the Credit column of the Balance Sheet to balance the debits and credits is $56,000. This represents
A. an error of $28,000 in balancing the accounts. B. a net income of $56,000. C. a net loss of $56,000. D. accumulated depreciation and other expenses.