Answer:
Return from dividend yield= 2.0%
Capital gain = 16.4%
Explanation:
The return on a stock is the sum of the capital gains(loss) plus the dividends earned.
<em>Capital gain is the difference between the value of the stocks when sold and the cost of the shares when purchased.
</em>
Total shareholders Return =
(Capital gain/ loss + dividend )/purchase price × 100
The total return can be broken down into
<em>Dividend yield = Dividend/price × 100</em>
= 1.03/51.41 × 100
=2.0%
<em>Capital gain = capital gain/ price × 100</em>
= (59.82 - 51.41)/51.41 × 100 = 16.4%
The company needs to make sure its suppliers are providing products at the lowest cost reason it is important for a company to pay attention to its supply chain when practicing CSR.
<h3>What is CSR?</h3>
Corporate social responsibility CSR is a concept where a business engages in activities that makes it accountable to a wide range of stakeholders.
Corporate social responsibly make businesses corporate citizens. A business shares some of its profits with society by funding projects and programs that benefit the community.
Hence, the company needs to make sure its suppliers are providing products at the lowest cost reason it is important for a company to pay attention to its supply chain when practicing CSR.
Learn more about CSR here : brainly.com/question/14624782
Answer:
$ 1,001,800
Explanation:
The following costs will be included in th cost of land
Purchase cost: 990,000
Closing cost: 2,900
Back Taxes: 8,900
(land taxes are payed every year, so they can't be included in the cost of land)
Total cost of land= 990,000+2,900+8,900= 1,001,800
<h3>California Inc Estimated ending inventory is $319,000
</h3>
Explanation:
Goods available for sale = Beginning inventory + Net purchases
- California Inc Beginning inventory $310,000
- California Inc Net purchases = $905,000
- California Inc Goods available for sale = $1,215,000
Gross profit = Net sales * profit %
- California Inc Net sales = $1,280,000
- California Inc gross profit = 30%
- California Inc gross profit = $384,000
Estimated cost of goods sold = Net sales - Gross profit
- California Inc Estimated cost of goods sold = $1,280,000 - $384,000
- California Inc Estimated cost of goods sold = $896,000
Estimated ending inventory = Goods available for sale - Cost of goods sold
- California Inc Estimated ending inventory = $1,215,000 - $896,000
- California Inc Estimated ending inventory = $319,000
California Inc Estimated ending inventory is $319,000
Answer:
$45.027 million
Explanation:
The accounting equation shows the relationship between the various elements of the balance sheet. These are the assets, liabilities and equity. It is given as
Assets = Liabilities + Equity
The owner's equity is made up of the common stock and retained earnings (which is the net income less dividend paid over the period).
Equity = $125.989 million - $77.152 million
= $48.837 million
Retained earnings = Equity - Common stock
= $48.837 million - $3.810 million
= $45.027 million
Digby Corporation's retained earnings is $45.027 million
