Based on the number of shares you bought and the dividend per share, the total dividend income you received was $452.40.
<h3>How much dividend income was received?</h3>
The stock was held for 7 months and there are 2 quarters in a space of seven months so two dividends were received.
The amount received is:
= Number of share x Number of quarters x dividend per quarter
= 580 x 2 x 0.39
= $452.40
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Answer:
True
Explanation:
This is one of the major reason why companies expands its manufacturing department in countries with greater free trade agreements and with geographical importance. This makes the company more oriented towards controlling transportation costs, import duties and other costs and increasing the benefits arising from the economies of scale.
Answer:
13.33
Explanation:
We have to write 2 equations to set equal to each other.
The first one will look like this:
200x + 5,000
The x will go with the 200 because the project revenue grows by $200 each month thereafter the start of $5,000.
The second equation will look like this:
50x + 7,000
The project begins at $7,000 and grows by $50 every month so the x will go with the 50.
Now, set them equal to each other
200x + 5,000 = 50x + 7,000
Solve
150x + 5,000 = 7,000
150x = 2,000
x = 13.333
Therefore, in the thirteenth month the project will breakeven.
<em>Hope this helps!!</em>
<em>- Kay :)</em>
The register is the answer
Answer: $1,160,000
Explanation: The Break even point depicts the amount of sales by making which the company will be at no profit or no loss situation. It can be computed using following formula :-
where,
contribution margin = 1 - variable cost ratio
= 1 - 0.6
= 0.4
so, putting the values into equation we get :-
= $1,160,000
