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Author Question: Crane Industries Inc. has outstanding borrowings that include preferred stock. One of these ... (Read 94 times)

cookcarl

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Crane Industries Inc. has outstanding borrowings that include preferred stock. One of these borrowings is (nonconvertible) preferred stock (cumulative) with a par value of 250 and an annual dividend rate of 8.25.
 
  This preferred stock is currently selling for 260 per share. What is the yield or return on this nonconvertible preferred stock?
  What will be an ideal response?

Question 2

What are the key decision variables at the firm's disposal for managing the level of the firm's accounts
  receivable balance?
 
  What will be an ideal response?


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Danny Ewald

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cookcarl

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Reply 2 on: Jul 10, 2018
YES! Correct, THANKS for helping me on my review


nyrave

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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