Wilson's has 10,000 shares of common stock outstanding at a market price of $35 a share. The firm also has a bond issue outstanding with a total face value of $250,000 which is selling for 102 percent of face value
The cost of equity is 11 percent while the pre-tax cost of debt is 8 percent. The firm has a beta of 1.1 and a tax rate of 34 percent. What is Wilson's weighted average cost of capital?
A) 8.59 percent
B) 8.72 percent
C) 9.08 percent
D) 9.63 percent
E) 10.05 percent
A
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From its inception through the year of 2016, Quicksales, Inc was profitable and made strong dividend payments each year
In the year 2017, Quicksales had major losses and paid no dividends. In 2018, the company started making large profits again, and they were able to pay dividends to all shareholders-both common and preferred. There are 2,000 shares of cumulative, 10% preferred stock outstanding. The preferred stock has a par value of $100. What is the total amount of dividends that should be paid to the preferred stockholders in December, 2018? A) $60,000 B) $90 C) $20,000 D) $40,000
A(n) ________ is the highest level of measurement and allows the researcher to identify or classify objects, rank order the objects, and compare intervals or differences
A) ratio scale B) nominal scale C) ordinal scale D) interval scale E) random scale