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 162 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?

People often find it difficult to accept the idea that bacteria can be beneficial and improve health. Lactic acid bacteria are good, and when eaten, these bacteria improve health and increase longevity. These bacteria included in foods such as yogurt.

Did you know?

Approximately one in three babies in the United States is now delivered by cesarean section. The number of cesarean sections in the United States has risen 46% since 1996.

Did you know?

The Food and Drug Administration has approved Risperdal, an adult antipsychotic drug, for the symptomatic treatment of irritability in children and adolescents with autism. The approval is the first for the use of a drug to treat behaviors associated with autism in children. These behaviors are included under the general heading of irritability and include aggression, deliberate self-injury, and temper tantrums.

Did you know?

Allergies play a major part in the health of children. The most prevalent childhood allergies are milk, egg, soy, wheat, peanuts, tree nuts, and seafood.

Did you know?

Complications of influenza include: bacterial pneumonia, ear and sinus infections, dehydration, and worsening of chronic conditions such as asthma, congestive heart failure, or diabetes.

Walter Thompson saw his assets evaporate during the stock market collapse in 1929. Desperate for ... Walter Thompson saw his assets evaporate during the stock market collapse in 1929. Desperate for ...
Create a soapy lather with the hands and spread the soap up to the elbows. Liquid soap is preferred. ... Create a soapy lather with the hands and spread the soap up to the elbows. Liquid soap is preferred. ...
Open pit mining creates immense holes at the surface Open pit mining creates immense holes at the surface
Stock Market Question Stock Market Question
Stock Market Tracks Growth in GDP Stock Market Tracks Growth in GDP
ADHD (Stock photo) ADHD (Stock photo)
Video: Mycobacterium tuberculosis: Drug Resistance and Natural Selection

For a complete list of videos, visit our video library