The cash return on the stock given its value now, dividend per share and its value in a year's time is 3.34% .
<h3>What is the cash return?</h3>
The cash return is the sum of the dividend yield and the price return.
Dividend yield = dividend / price of the share today
$4 / 60 = 6.67%
Price return = (price in year's time - price today) / price today
= (58 - 60) / 60 = -3.33%
Cash return = 6.67% - 3.33% = 3.34%
To learn more about dividend yield, please check: brainly.com/question/27342287
#SPJ1
Answer:
D. $68,000
Explanation:
The total amount of bad debt expense that should be reported for the year is $68,000. This is because since the company has a debit balance of $8,000 at the beginning of the year, the uncollectible of $60,000 would be added to the debit balance hence equals $68,000 which would serve as bad debt expense.
The economic player John Maynard Keynes felt that the government was capable of restarting the economy during the great depression.
so the answer is D.
If supply equals demand the price will stay the same
Hope this helped
Answer:
$1,860,762.35
Explanation:
The computation of the number of shares need to be sold is shown below:
= Raise amount ÷ received per share
where,
Amount received by company per share = Price per share in case of general cash offer - Underwriter's commission per share
= $28.30 - $28.30 × 6%
= $28.30 - $1.698
= $26.602
So, the number of shares sold is
= $49,500,000 ÷ $26.602
= $1,860,762.35