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NEW QUESTION: 1
A Discretionary Family Trust is one of the most common small business structures in _____________. It can operate upto ____________ in the same.
A. USA, 100 years
B. Gujarat, 80 years
C. India, 100 years
D. Australia, 80 years
Answer: D
NEW QUESTION: 2
The following information applies to a company's preferred stock:
Current price $101.00 per share
Par value $100.00 per share
Annual dividend $6.50 per share
The company issued the preferred stock at par and incurred a 10% floatation cost. If the company's marginal corporate tax rate is 34%, what is the after-tax cost of preferred stock?
A. 4.2%
B. 6.4%
C. 7.2%
D. 6.5%
E. 4.3%
F. 13%
Answer: C
Explanation:
Explanation/Reference:
Explanation:
The cost of preferred stock is calculated as the preferred stock dividend divided by the net issuing price.
The dividend for this preferred stock is $6.50, and the net issuing price was $90.00. Thus the cost of preferred stock is 6.5 divided by 90 or 7.2%. There are no tax savings associated with the use of preferred stock, therefore no tax adjustments are made when calculating the cost.
NEW QUESTION: 3
An organization wants to use network separation to eliminate exposure of the separated traffic to the entire ECS public network. Which network separation method should they use?
A. VLAN
B. VIP
C. Multi
D. Dual
Answer: D
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