What is the dividend on a 7 percent preferred stock that currently sells for $45 and has a face...

Transcribed Image Text:

What is the dividend on a 7 percent preferred stock that currently sells for $45 and has a face value of $50 per share? A firm has sales of $1,000,000, net profit after taxes of $52,500, total assets of $1,850,000, and total liabilities of $800,000. What is the firm's return on equity? What is the reason inventory is subtracted from current assets when calculating the quick ratio? The following information is provided to answer questions 16-17: Total Sales - $68,970, Gross Profit = $15,174, Net Profit After Taxes = $3,850 and Inventory = $8,500. 16) Calculate the inventory turnover: Calculate the Net Profit Margin Sterling Corporation has a beta of 1.2. If the market return is 14 percent and the risk-free rate is 8 percent, was is Sterling's expected return (using CAPM).

Answer rating: 100% (QA)

Let s address each of your questions one by one 1 Dividend on Preferred Stock To calculate the divid View the full answer