Question
Given the following data: estimated selling price per preferred share- P 50; preferred share par value P 50; quarterly dividend estimated to be paid P
Given the following data: estimated selling price per preferred share- P 50; preferred share par value P 50; quarterly dividend estimated to be paid P 1.20; flotation cost 25% of par value.
Compute for the net proceeds from the sale of the preferred share.
Answer:PAnswer
Calculate the cost of preferred share.
Answer:Answer
%
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The Practitioners Guide To Edp Auditing
Authors: Jack Mullen
1st Edition
0136912621, 978-0136912620
