E-Eyes just issued some new preferred stock. The issue will pay an annual dividend of $6 in perpetuity, beginning 5 years from now. If the market requires a 10 percent return on this investment, how much does a share of preferred stock cost today

Which of the following statements are false regarding activity-based costing? non-manufacturing costs are important to include when calculating the cost of each product. costs are allocated based on a pre-determined overhead rate. transitioning from traditional costing methods to activity-based costing can be complicated and costly. activity-based costing follows the same basic calculation methods as traditional costing approaches. none of the above