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2 years ago

The market price of xyz corporation common stock is $55 and its quarterly dividend is $0.60. what is the stock's current yield?

1 answer:

eduard2 years ago

4 0

The market price of XYZ corporation common stock is $55 and its quarterly dividend is $0.60. 4.36% is the stock's current yield.

A stock's current yield is determined by dividing the annual dividend by the stock's current market price. In this example, the stock's annual dividend is found by multiplying the quarterly dividend of $0.60 by 4. This equals $2.40. So the current yield is 4.36% ($2.40 ÷ $55).

Common stock is a class of stock that represents ownership of a company. Holders of common stock, called shareholders, are entitled to: Voting rights to elect directors. Normally a shareholder can cast one vote for each share he owns.

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The actual cost of direct materials is $13.00 per pound. The standard cost per pound is $8.75. During the current period, 9,9

dlinn [17]

Answer:

A. $55,125 favorable

Explanation:

The direct materials quantity variance is given by the difference between actual quantity used in production and the standard quantity valued at the standard cost.

Actual quantity used in production = 9,900 pounds

Standard quantity for actual units produced = 16,200 pounds

Standard cost per pound =$8.75.

The direct materials quantity variance is:

$DMQV = (16,200 - 9,900)*\$8.75\\DMQV=\$55,125$

Since the company used a lesser quantity than the expected (standard) quantity, the balance is favorable.

Therefore, the answer is A. $55,125 favorable.

4 0

4 years ago

The European Union (EU) a. allows trade across country borders without tariffs b. was dissolved under the Geneva Convention c. i

NARA [144]

Answer:

a. allows trade across country borders without tariffs

Explanation:

The geneve convention was about military rules to protect human rights and i was signed on 1949

While the European Union or Eurozone is a free-trade zone where the factors are free to move cross the members and the union. This, was the EU main goal. To eestimulate trade among the members and create a better monetary policy through the adoption of a single currency (Euro)

3 0

3 years ago

a firm has a pure discount loan with face value of $75,000 that is due in six months. the assets of the firm are currently worth

ioda

As you owns stock in a firm that has a pure discount loan due in six months. The loan has a face value of $70,000. The assets of the firm are currently worth $96,000. The stockholders in this firm basically own a <u>call option</u> on the assets of the firm with a strike price of <u>$70,000</u>.

<h3>What Is a Call Option?</h3>

Basically, a call options refers to a financial contracts that give the option buyer the right, but not an obligation to buy a stock, bond, commodity or other asset or instrument at a specified price within a specific time period.

<h3>What is a Strike price?</h3>

On an options contract, a strike price refers to the the price at which the underlying security can be either bought or sold once exercised. It is also known as the exercise price and it is a key feature of an options contract.

In conclusion, as the firm has a pure discount loan with face value of $75,000 which is due in six months whereas its assets are worth $96,000, then, we will say the firm have a call option with a strike price of $96,000.

Read more about Call Option

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8 0

1 year ago

A change in an accounting estimate is:__________

PilotLPTM [1.2K]

B

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3 0

3 years ago

The Universal Container's customer support organization has implemented knowledge centred support (KCS) in its call centre. Howe

olga2289 [7]

Answer:

Measure and reward agents based on the no of new articles approved

Explanation:

A key way to improve knowledge sharing strategy is by rewarding valuable contribution.

Giving rewards for just any contribution might leads to a massive inflow of useless information purposely in order to claim rewards and at the end of the day , the data system is filled up with jargon and not knowledge.

Knowledge sharing credit should be attached only to information that adds value. Moreover as values can be relative ,it should be stated that value will be decided by the users of the information , which means the higher the user , the higher the value .

7 0

3 years ago