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Elden [556K]
3 years ago
14

One year ago, you purchased a stock at a price of $32 a share. Today, you sold the stock and realized a total return of 14.62 pe

rcent. Your capital gain was $3.48 a share. What was your dividend yield on this stock?
Business
1 answer:
aliya0001 [1]3 years ago
7 0

Answer:

3.75%

Explanation:

Purchase price of the stock = $32

Total return on the stock:

= Purchase price of the stock × Total return

= 32 × 14.62%

= $4.6784

Dividend gain on the stock:

= Purchase price of the stock + Total return on the stock - capital gain - Purchase price

= $32 + $4.6784  - $3.48  - $32

= $1.1984

Dividend yield:

= Dividend gain on the stock ÷ Purchase price of the stock

= $1.1984 ÷ 32

= 3.75%

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Rich Novelty Company identified the following activities in its production and support operations. Classify each of these activi
-BARSIC- [3]

Answer:

Explanation:

<em>Classification of activities as value-added or non-non-value-added of Rich Novelty Company:- </em>

(a) Machine setup - non-value-added

(b) Design engineering - value-added

(c) storing inventory - non-value-added

(d) Moving work in process - non-value-added

(e) Inspecting and testing - non-value-added

(f) Painting and packing - value-added

Notes:-

1. Value--added activities of a company processes that increase the observed value of a product or service to customers.

2. Non-value-added activities of a company processes that decrease the observation value its product or service.

7 0
3 years ago
11. Nadine is retiring at age 62 and expects to live to age 85. On the day she retires, she has $402,000 in her retirement savin
Svet_ta [14]

Answer:

E. $2,688.77

Explanation:

We need to calculate the PMT of an ordinary annuity at 6%

PV \div \frac{1-(1+r)^{-time} }{rate} = C\\

PV 402,000

time:

85 years - 62 years = 23 years of retirement

23 years  x   12 months per year = 276 months

rate: 6% annual rate we must divide over 12 months to convert into monthly: 0.06/12 = 0.005

402000 \div \frac{1-(1+0.005)^{-276} }{0.005} = C\\

C  $ 2,688.766

<em>She can withdraw 2,688.76 per month</em>

7 0
3 years ago
Sandusky Inc. has the following costs when producing 100,000 units: Variable costs $600,000 Fixed costs 900,000 An outside suppl
goldenfox [79]

Answer:

$6.30

Explanation:

For computing the unit price, first we have to determine the difference in cost which is shown below:

= $150,000 - $120,000

= $30,000

Now the break even price would be

= Variable cost + cost difference

= $600,000 + $30,000

= $630,000

So, the unit price would be

= Break even price ÷ number of unit produced

= $630,000 ÷ 100,000 units

= $6.30

8 0
3 years ago
Which is an example of a news publication source for an informative essay? a television broadcast a message board an interactive
Ainat [17]

An academic source for an instructive article can be a legal document, option (d) or (iv) is the correct answer.  

<h3>What is a source for an informative essay?</h3>

An informative essay's goal is to educate people about a certain subject. These essays will usually respond to one of the five Ws;

  • Who
  • What
  • Where
  • When
  • Why

Therefore, more than television broadcasts, interactive websites, and message boards, a legal document proves to be a citation and publication source in an authentic way.

For more information about the communication board, refer below

brainly.com/question/985128

5 0
3 years ago
For retirement planning purposes, financial advisors often suggest that retirees have an income source that provides about _____
Bumek [7]

For retirement planning purposes, financial advisors often suggest that retirees have an income source that provides about <u>70 </u>percent of their wages when they were working.

<h3>What is  retirement planning?</h3>

Retirement planning can be defined as the way of planning ahead of your retirement by either saving or investing so as to have something to fall back to after retirement.

Hence,  financial advisors often say  that retirees must have a source of  source that will  provides about 70 percent of their wages when they were working so as to live at a  comfortable level after retirement.

Learn more about Retirement planning here:brainly.com/question/3090325

#SPJ1

5 0
2 years ago
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