Walker laboratories, inc. pays a $1.37 dividend every quarter and will maintain this policy forever. what price should you pay for one share of common stock if you want an annual return of 12.5% on your investment?

Torino company has 1,300 shares of $50 par value, 6.0% cumulative and nonparticipating preferred stock and 13,000 shares of $10 par value common stock outstanding. the company paid total cash dividends of $3,500 in its first year of operation. the cash dividend that must be paid to preferred stockholders in the second year before any dividend is paid to common stockholders is:

True or false: banks are required to make electronically deposited funds available on the same day of the deposit

Which feature is a characteristic of a corporation?