Beach boards net income for the year, I = $150,000
Dividends per share, D = $1.40
Dividend yield, DY= 3.5%
Beach boards’ current stock price is P
We have the formula
Dividend yield = Dividends per share / Current stock price => DY = D / P
Beach boards current stock price is P = D / DY => 1.4 / 3.5 % => P = 1.4 x
100 / 3.5
Beach boards current stock price is P = 140 / 3.5 = $40
Answer: Option A
Explanation: In simple words, perfect competition refers to a market structure in which the the market have a large number of small buyers and sellers.
Due to this high volume of small level buyers and sellers no single party has the power to influence the price. The price in such market are determined by the market forces of demand and supply.
Hence from the above we can conclude that the correct option is A.
Answer: bro why would you eat a grasshopper
Explanation:
kinda sus ngl
Answer:
A. The household purchase of a new refrigerator will directly lead to an increase in the consumption component of the Gross Domestic Product (GDP). Therefore, the GDP will increase by the amount of refrigerator purchased