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Drupady [299]
2 years ago
5

A stock currently sells for $49. the dividend yield is 3. 8 percent and the dividend growth rate is 5. 1 percent. What is the am

ount of the dividend that was just paid?
Business
1 answer:
tatyana61 [14]2 years ago
3 0

If a stock currently sells for $49. tThe amount of the dividend that was just paid is $1.77.

A inventory is a fashionable term used to describe the ownership certificate of any business enterprise. A percentage, on the other hand, refers to the inventory certificate of a selected organization. maintaining a particular organization's percentage makes you a shareholder.

A coins dividend is the distribution of budget or cash paid to stockholders generally as a part of the employer's present day income or accrued income. cash dividends are paid at once in money, as opposed to being paid as a inventory dividend or other form of cost.

Dividend yield=Annual Dividend next year/Current price

Annual Dividend next year=(49*3.8%)=$1.862

Hene, the dividend just paid = Annual Dividend next year * Present value of discounting factor(    5.1%, time period)

⇒$1.862/1.051

⇒$1.77        (Approx)

Learn more about stock market here:-brainly.com/question/690070

#SPJ4

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This problem requires us to pass journal entry to assign overhead to the Assembly and Finishing Departments.

We know that overhead is allocated on estimation basis through applied overhead account. The basis of assignment is given in the question. The overhead will be assigne/recorded in relevant department work in process cost account. The journal entry is given below.

Debit Assembly WIP Account                         $ 70,720

(44,200*1.6 = 70.720)

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((62,200-44,200)*1.6 = 28,800)

Credit Factory Overhead applied Account    $ 99,520

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3 years ago
Societies make choices about goods and services based on the availability of A. land B. workers C. resources D. new technology P
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c

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Resources are means or factors used to produce goods and services that satisfy human wants.

Human wants and that of the society is unlimited but the resources available to satisfy these wants are limited. As a result, economic agents must make decisions based on the availability of resources.

Resources include :

Land are natural resources used to produce goods and services e.g. gold mine

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3 years ago
Martinez Mining Company purchased land on February 1, 2020, at a cost of $1,031,100. It estimated that a total of 54,000 tons of
11111nata11111 [884]

Answer:

a. $23

b. $165,600

c. $455,400

Explanation:

The computation is shown below:

a. Per unit cost

= Cost of depreciation ÷ estimated number of tons

where,

Cost of depreciation = Purchase value of land +  fair value of this restoration obligation + developmental costs incurred - residual value

= $1,031,000 + $99,900 + $222,000 - $111,000

= $1,241,900

And the estimated number of tons is 54,000 tons

So, the per unit cost would be

= $1,241,900 ÷ 54,000 tons

= $23

b. The total material cost for ending inventory would be

= (27,000 tons - 19,800 tons) × $23

= 7,200 tons  × $23

= $165,600

c. The total material cost for ending cost of goods sold would be

= 19,800 tons × $23

= $455,400

7 0
3 years ago
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