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

Author Question: Higher the value of the times interest earned ratio, higher is the proportion of the firm's interest ... (Read 81 times)

audragclark

  • Hero Member
  • *****
  • Posts: 579
on: Jul 11, 2018
Higher the value of the times interest earned ratio, higher is the proportion of the firm's interest income compared to its contractual interest payments.
 
  Indicate whether the statement is true or false

Question 2

A firm has issued preferred stock at its 125 per share par value. The stock will pay a 15 annual dividend. The cost of issuing and selling the stock was 4 per share. The cost of the preferred stock is ________.
 
  A) 7.2 percent
  B) 12 percent
  C) 12.4 percent
  D) 15 percent


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

momtoalll

  • Sr. Member
  • ****
  • Posts: 326
Reply #1 on: Jul 11, 2018
Answer to Question 1

FALSE

Answer to Question 2

C


audragclark

  • Member
  • Posts: 579
Reply 2 on: Jul 11, 2018
YES! Correct, THANKS for helping me on my review

alexanderhamilton

  • Member
  • Posts: 334
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

As the western states of America were settled, pioneers often had to drink rancid water from ponds and other sources. This often resulted in chronic diarrhea, causing many cases of dehydration and death that could have been avoided if clean water had been available.

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.

Did you know?

There can actually be a 25-hour time difference between certain locations in the world. The International Date Line passes between the islands of Samoa and American Samoa. It is not a straight line, but "zig-zags" around various island chains. Therefore, Samoa and nearby islands have one date, while American Samoa and nearby islands are one day behind. Daylight saving time is used in some islands, but not in others—further shifting the hours out of sync with natural time.

Did you know?

In women, pharmacodynamic differences include increased sensitivity to (and increased effectiveness of) beta-blockers, opioids, selective serotonin reuptake inhibitors, and typical antipsychotics.

Did you know?

Drug-induced pharmacodynamic effects manifested in older adults include drug-induced renal toxicity, which can be a major factor when these adults are experiencing other kidney problems.

On average, the ratio of carbon to nitrogen is much higher in terrestrial plants than in other major On average, the ratio of carbon to nitrogen is much higher in terrestrial plants than in other major
Mendel's breeding program that produced a 9 : 3 : 3 : 1 ratio Mendel's breeding program that produced a 9 : 3 : 3 : 1 ratio
By how many times will the population of bacteria have increased after 6 h? By how many times will the population of bacteria have increased after 6 h?
Neck stretch. Rest the receiver’s head on the palm of your right hand, taking a firm hold on the ... Neck stretch. Rest the receiver’s head on the palm of your right hand, taking a firm hold on the ...
Chemistry for Changing Times Chemistry for Changing Times
Finding the angle from a ratio (Part 1) Finding the angle from a ratio (Part 1)
Video: Predator- prey competition and symbiosis

For a complete list of videos, visit our video library