Preferred stock valuation txs manufacturing has an outstanding preferred stock issue with a par value of $6363 per share. the preferred shares pay dividends annually at a rate of %. a. what is the annual dividend on txs preferred stock? b. if investors require a return of 55% on this stock and the next dividend is payable one year from now, what is the price of txs preferred stock? c. suppose that txs has not paid dividends on its preferred shares in the past two years, but investors believe that it will start paying dividends again in one year. what is the value of txs preferred stock if it is cumulative and if investors require a(n) 55% rate of return?

Sheldon has the following year-end account balances: accounts receivable, $5,000; supplies, $12,000; equipment, $18,000; accounts payable, $17,000; stockholders’ equity, $43,000. the cash account balance was not available at year-end. given the account balances listed, the balance in the cash account should be?

Frolic corporation has budgeted sales and production over the next quarter as follows. the company has 4100 units of product on hand at july 1. 10% of the next months sales in units should be on hand at the end of each month. october sales are expected to be 72000 units. budgeted sales for september would be: july august september sales in units 41,500 53,500 ? production in units 45,700 53,800 58,150

Ancho corp. is an automobile company whose core competency lies in manufacturing petrol- and diesel- based cars. the company realizes that more of its potential customers are switching to electric cars. the r& d department of the company acquires competencies in developing electric cars and launches its first hybrid car, which uses both gas and electricity. in this scenario, ancho is primarilya. leveraging new core competencies to improve current market position. b. redeploying existing core competencies to compete in future markets. c. unlearning existing core competencies to create and compete in markets of the future. d. building new core competencies to protect and extend current market position