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kvasek [131]
2 years ago
15

Seven months ago, you purchased 580 shares of Mitchum Trading for $70.53 per share. The stock pays a quarterly dividend of $.39

per share and is currently priced at $71.71. What is the total dividend income you received?
Business
1 answer:
Marina CMI [18]2 years ago
3 0

Based on the number of shares you bought and the dividend per share, the total dividend income you received was $452.40.

<h3>How much dividend income was received?</h3>

The stock was held for 7 months and there are 2 quarters in a space of seven months so two dividends were received.

The amount received is:

= Number of share x Number of quarters x dividend per quarter

= 580 x 2 x 0.39

= $452.40

Find out more on dividends at brainly.com/question/25845157.

#SPJ1

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What is a sercured loan
VARVARA [1.3K]

Answer:

Secured loan is as below

Explanation:

A secured loan is money that you borrow by offering an asset as collateral. The lender will hold on the asset until the full loan amount is paid back. A secured loan is a good option when borrowing a large amount of money.  It attracts low-interest rates.

Lenders consider secured loans less risky because the customer provides a valuable asset as a back-up should they fail to repay. Homes and land are the most common properties used as collateral for secured loans.

6 0
3 years ago
Guys please help, List the economic activities to delivering evening news bulletin to your television or radio​
saul85 [17]

Economic Activities are the actions related to the production, distribution, and exchange of goods and services. So for an evening news bulletin on TV or radio, some examples are:

  • The service of the reporters who research a story and check facts
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  • The equipment that establishes a TV or radio signal and broadcasts it out to people
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4 0
3 years ago
Sigma is thinking about purchasing a new clam digger for $14,000. The expected net cash flows resulting from the digger are $9,0
AlekseyPX

Answer:

Yes, it should be purchased

Explanation:

The computation is shown below;

Net present value = $9,000 ÷ 1.12 + $7,000 ÷ 1.12^2 + $5,000 ÷ 1.12^3 + $3,000 ÷ 1.12^4 - $14,000

= $5,081.53

As we can see that the net present value comes in positive so sigma should purchased the digger

Therefore the same would be considered and relevant

6 0
3 years ago
A typical American worker covered by unemployment insurance receives _____ percent of his former wages for up to ________ weeks.
erica [24]

Answer:

correct answer is 50% and 26 weeks

Explanation:

solution

American worker wage replacement rate for the minimum wage worker is 50 percent of former wage

and weekly benefit  for the full time and full year worker earn minimum wage they not replace 50 percent of lost income

and worker  run out of benefit  prior to  standard that is 26 weeks

so correct answer is 50% and 26 weeks

5 0
4 years ago
What does non current assets mean
coldgirl [10]

Answer:

  assets whose value is not realized in the current year

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A <em>noncurrent asset</em> is generally a long-term investment whose value will not be fully realized in the current accounting year. The cost of the asset is allocated over the period the asset is in use, rather than being expensed in the year it is acquired.

6 0
3 years ago
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