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 109 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?

Most childhood vaccines are 90–99% effective in preventing disease. Side effects are rarely serious.

Did you know?

Astigmatism is the most common vision problem. It may accompany nearsightedness or farsightedness. It is usually caused by an irregularly shaped cornea, but sometimes it is the result of an irregularly shaped lens. Either type can be corrected by eyeglasses, contact lenses, or refractive surgery.

Did you know?

The U.S. Pharmacopeia Medication Errors Reporting Program states that approximately 50% of all medication errors involve insulin.

Did you know?

About 600,000 particles of skin are shed every hour by each human. If you live to age 70 years, you have shed 105 pounds of dead skin.

Did you know?

Alzheimer's disease affects only about 10% of people older than 65 years of age. Most forms of decreased mental function and dementia are caused by disuse (letting the mind get lazy).

Distribution of Aggregate Mining Distribution of Aggregate Mining
Creede, Colorado, circa 1890, a rough silver mining town that grew from 660 people in 1889 to over 1 Creede, Colorado, circa 1890, a rough silver mining town that grew from 660 people in 1889 to over 1
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
Stock Market Tracks Growth in GDP Stock Market Tracks Growth in GDP
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: Appendicitis Animation

For a complete list of videos, visit our video library