This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Tangshan Mining is considering issuing preferred stock. The preferred stock would have a par value ... (Read 176 times)

bucstennis@aim.com

  • Hero Member
  • *****
  • Posts: 532
on: Jul 11, 2018
Tangshan Mining is considering issuing preferred stock. The preferred stock would have a par value of 75 and a 5.50 percent dividend. What is the cost of preferred stock for Tangshan if flotation costs would amount to 5.5 percent of par value?
 
  A) 5.50
  B) 5.27
  C) 7.73
  D) 5.82

Question 2

________ ratio measures the proportion of total assets financed by the firm's creditors.
 
  A) Total asset turnover
  B) Inventory turnover
  C) Current
  D) Debt


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

nmyers

  • Sr. Member
  • ****
  • Posts: 336
Reply #1 on: Jul 11, 2018
Answer to Question 1

D

Answer to Question 2

D


bucstennis@aim.com

  • Hero Member
  • *****
  • Posts: 532
Reply #2 on: Jul 11, 2018
TY


nmyers

  • Sr. Member
  • ****
  • Posts: 336
Reply #3 on: Jul 11, 2018
Happy to Help


« previous next »
 

Did you know?

A good example of polar molecules can be understood when trying to make a cake. If water and oil are required, they will not mix together. If you put them into a measuring cup, the oil will rise to the top while the water remains on the bottom.

Did you know?

More than 4.4billion prescriptions were dispensed within the United States in 2016.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

Despite claims by manufacturers, the supplement known as Ginkgo biloba was shown in a study of more than 3,000 participants to be ineffective in reducing development of dementia and Alzheimer’s disease in older people.

Did you know?

Nearly all drugs pass into human breast milk. How often a drug is taken influences the amount of drug that will pass into the milk. Medications taken 30 to 60 minutes before breastfeeding are likely to be at peak blood levels when the baby is nursing.

Distribution of Aggregate Mining Distribution of Aggregate Mining
Fred Wilson, Metalwork 1793–1880, from Mining the Museum: An Installation by Fred Wilson Fred Wilson, Metalwork 1793–1880, from Mining the Museum: An Installation by Fred Wilson
Offshore spawning stock biomass, Grand Bank Atlantic Cod since the early 1980s Offshore spawning stock biomass, Grand Bank Atlantic Cod since the early 1980s
Stock Market Question Stock Market Question
Daniel's Enterprises has a beta of 1.98 and a growth rate of 12 percent. The stock is ... Daniel's Enterprises has a beta of 1.98 and a growth rate of 12 percent. The stock is ...
Video: The Lac Operon in E. Coli

For a complete list of videos, visit our video library