Bacon Signs Company preferred stock pays a perpetual annual dividend of 4.5% of its $100 par
value. If investors' required rate of return on this stock is 12%, what is the value per share?
A) $8.50 B) $37.50 C) $45.00 D) $31.82
B
Business
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The fact that our eyes and minds seek out and notice only information that interests us is called:
A) conscious cognition. B) selective exposure. C) selective retention. D) preconscious perception. E) selective perception.
Business
Which type of account is always debited during the closing process?
a. Dividends. b. Expense. c. Revenue. d. Retained earnings.
Business