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1 year ago

The floating rate feature on preferred stock allows the shareholders

Business

1 answer:

KIM [24]1 year ago

7 0

Answer:

d) to receive a higher or lower dividend yield depending on current competitive market conditions

Explanation:

The floating rate feature on preferred stock allows the shareholders to receive a higher or lower dividend yield depending on current competitive market conditions. The reason is the dividend on preferred stock varies with change in market rates.

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Compute the variances in dollar amount and in percentage. (Round to the nearest whole percent.) Indicate whether the variance is

ANTONII [103]

Answer:

The dollar variance is -$100.

The percent variance is -20%.

Since the actual income is less than the budgeted income, the variance is unfavorable (U).

We calculate Dollar Variance as : $Actual Amount - Budgeted Income$

$Dollar Variance = 400 - 500 = 100$

Next, we calculate percent variance as :

$Percent variance = \frac{Dollar Variance}{Budgeted Income} *100$

Plugging the values in we get,

$Percent Variance = \frac{-100}{500} *100$

Percent Variance = -20%

6 0

2 years ago

Which of the following institutional investors most likely must spend a target percentage of the portfolio annually?

konstantin123 [22]

Answer: Endowments

Explanation:

The institutional investors that most likely must spend a target percentage of the portfolio annually is the endowments.

Endowment fund refers to the long term fund that is used for perpetual operations and usually set up by colleges or in hospitals

The fund then covers the expenses relating to provision of services for the students. A portion of the endowment is allowed to be use for every fiscal year.

7 0

1 year ago

After freezing salaries for three years, Solo Music Publishers determined that employees with two to three years of experience w

dimulka [17.4K]

Answer: C) Benchmark against local and national markets

Explanation:

This is the best answer because Solo Music Publishers is losing employees to rivals because they offer better salaries. Should they then align their salary package to that of rivals at a local and national scale, they will become more competitive and hence more attractive. Baring other factors then, they should lose no more employees based on salary structure alone.

5 0

2 years ago

John purchased 12372 kWh of electricity and 3568 CCF of natural gas in a year. The cost of electricity is 7.1 cents/kWh and that

stealth61 [152]

Answer:

A is correct option 15.6$

Explanation:

According to question,

Electricity purchased =12372 kwh

Cost of electricity = 7.1 cent/kwh =0.071dollar/kwh

Natural gas purchased = 3568 CCF

Cost of natural gas = 1.5 dollar/CCF

BTUs purchased per dollar

=((12372*3412)+(3568*100000))/((12372*0.071)+(3568*1.5))

=64042.8376 BTUs/ dollar

Now, cost of 1MMBTUs =1000000/64042.8376

= 15.6 dollar

5 0

1 year ago

what type of relationship has probably been formed if two or more parties agree to combine their efforts for a single business t

Tamiku [17]

Answer:

A joint venture has been formed.

Explanation:

A joint venture (JV) relationship is a business arrangement in which two or more parties agree to combine their resources and efforts for the purpose of accomplishing a specific task or a single business transaction. This task or transaction can be a new business project or any other business activity. As they are jointly engaged in the business transaction, they also agree to share the profits (rewards) and losses (risks) arising from the transaction jointly.

7 0

1 year ago