Answer: Dividend yield is 3.3%
Capital gains yield is 17.24%
Explanation:
Dividend yield is given as the ratio of annual dividend per share and stock's price per share.
Dividend per share = $1.9
Share price = $58
Dividend yield = 1.9/58 = 0.033 or 3.3%
Capital gain yield is the appreciation in the price of a stock expressed as a percentage.
Capital gain yield = (current price – original price) / original price x 100
Current price = $68
Original price = $58
CGY = (68-58)/58 * 100 = (10/58)*100 = 17.24%
Answer:
See explanation
Explanation:
(a) Assets are understated - If we do not adjust accrued revenue, the assets are understated. For example - if we do not add any outstanding rent revenue, the assets will become understated.
(b) Liabilities are overstated - If we do not adjust unearned revenue, the liabilities are overstated. For example - if we do not deduct any expired unearned revenue, the liabilities will become overstated.
(c) Liabilities are understated - If we do not adjust accrued expense, the liabilities are understated. For example - if we do not add any outstanding rent expense, the liabilities will become understated.
(d) Expenses are understated - If we do not adjust accrued expense and prepaid expense, the expenses are understated. For example - if we do not add any outstanding rent expense and expired prepaid expenses, the expenses will become understated.
(e) Assets are overstated - If we do not adjust prepaid expense, the assets are overstated. For example - if we do not deduct any expired prepaid insurance, the assets will become overstated.
(f) Revenue is understated - If we do not adjust accrued revenue and unearned revenue, the revenue is understated. For example - if we do not add any outstanding rent revenue and expired unearned revenue, the revenue will become understated.
Answer:
B. Rescission and Restitution
Explanation:
Answer:
$2,580
Explanation:
Depreciation = (Cost - Residual Value)/ Useful life
Yearly depreciation = ($43-800 - $3000)/8 = $5100
At the end of Year 5, total depreciation would be = $5100 X 5 = $25,500
Net book value at the end of year 5 = $43,800 - $25,500 = $18,300
Year 6, the extra ordinary repair that extended the useful life would be capitalized. Book value = $18,300 + $7,500 = $25,800
As 5 years have been expended, the remaining useful life would be 15-5 = 10 years
Depreciation expense year 6 = $25,800/10 = $2,580
Answer:
$0
Explanation:
Since Mr. A already owns 75% of common stock (and 85% of nonvoting stock), the extra 5% will result in a total of 80% (and 90%), that means that he cannot recognize any loss or gain resulting from this transaction. This applies to all stockholders that own at least 80% of a company's stocks and transfer property in exchange for more stocks.
