Answer:
The quarterly dividend paid by this Carla Vista is $2.08
Explanation:
Dividend Growth method is used to calculate the value of stock based on the dividend payment. As the preferred share paid a fixed dividend, so there is no growth in the dividend paid.
As per given data:
Selling price = $64
Required rate of return = 13%
Use following formula of Dividend growth model
Price of Stock = ( Dividend Paid / Rate of return - Growth rate )
$64 = Dividend / 13% - 0%
$64 = Dividend / 13%
Dividend = $64 x 13% = $8.32
Quarterly Dividend = 8.32 / 4 = $2.08
Answer:
The answer is D. All of the options
Explanation:
The Bretton Woods system of of monetary management which was negotiated in 1944 with the aim of creating an international monetary system.
Under this system, representatives of countries agreed to establish a par value of their respective currencies in relation to the dollar. Dollar was pegged at $35 per ounce, and each country was responsible for maintaining its exchange rate within 1 percent of the adopted par value by buying or selling foreign exchanges as necessary.
However, in the early 1970s, President Richard Nixon made the announcement that the United States would no longer be accepting gold in exchange for the dollar, and the put an end to the Bretton Woods system.
Answer:
The best response to Tracy's comments is:
B. Although you can hire someone to keep your books, you'll still need to know how to read, understand, and interpret basic accounting reports in order to make good business decisions.
Explanation:
Here in the given question it is mentioned that Tracy is wanting to start her own business but she has a very little knowledge about how to setup an accounting system and how the financial interpretation is been done.
So, she tells her friends that she is not at all worried about accounting. For this purpose she will be hiring a part time book keeper who will be handling all her stuff and who will also help her in focussing her attention in the different and innovative ideas of satisfying her customers.
Therefore, the best response to Tracy's comments can be given by:
B. Although you can hire someone to keep your books, you'll still need to know how to read, understand, and interpret basic accounting reports in order to make good business decisions.