Answer: $1.90
Explanation:
The dividend payment that has to be made needs to be less than the Earnings per share in order for the REIT to maintain its tax exempt status.
EPS = (Net income - Expenses) / Number of shares
Expenses = Operating expenses + Depreciation
= 400 + (6,000 / 15 years)
= $800
EPS = (1,000 - 800) / 100
= $2.00
<em>The only option less than $2.00 is the first option of $1.90 so this is correct. </em>
Answer:
Nominal rate of return= 0.0596 = 5.96%
Explanation:
Giving the following information:
Inflation averaged 3.46%
The real rate of return was 2.5%
<u>To calculate the nominal rate of return, we need to use the following formula:</u>
Real rate of return= nominal rate of return - inflation rate
Nominal rate of return= real rate of retunr + infaltion rate
Nominal rate of return= 0.0346 + 0.025
Nominal rate of return= 0.0596 = 5.96%
Answer:
b. An IPO
Explanation:
The primary market transaction is the market where securities are created. An IPO which means initial public offer is an example of a primary market transaction.
The secondary market which is also known as the stock market is where securities that have been created are allowed to change ownership through sales and purchases.
All other options given (apart from IPO) are secondary market transactions.
Arrow sells for $35.00. your material cost per unit is $15.00 and labor costs per unit are $10.00. your fixed costs are $4,500. how many do you have to sell to break even?
ANSWER 300
Answer:
The answer is A. Agriculture.
Explanation:
From 18th century to up until the early 20th century, the southern economy relied on plantations and agriculture and much of their domestic product was from the agricultural sector.
However, this changed gradually after the end of the civil war, abolition of slavery and with the beginning of the guilded age.
