Answer:
a. October 4th
b. November 15th 2019
c. November 14th 2019.
d. December 13th, 2019 (Note: This is assumed based on the explanation below as it is not specifically stated in the question).
Explanation:
a. What date is the declaration date?
The declaration date is the date the announcement to pay the next dividend is made by the board of directors of a company. In this case, the declaration date is October 4th, 2019.
b. What date is the holder of record date?
The holder of record date refers to the cut-off date set by a company to ascertain the eligible shareholders that will receive the next dividend payment. In this case, the holder of record date is November 15th 2019.
c. What date is the ex-dividend date?
The ex-dividend date refers to date that a seller of stock is still eligible to receive dividend despite that the stock has already been sold to a by him. This is because it is the person that hold the security on the ex dividend date that will receive the dividend payment not the holder on the payment date. Generally, ex-dividend date is usually one business day before the record date. In this case,he ex-dividend date is November 14th 2019.
d. What date is the payment date?
The payment date refers to the actual day that eligible shareholders are paid the declared dividend by the company. It is usually a few weeks or month after the ex-dividend date. If we assumed to be a month, the payment date would be December 13th, 2019.
Answer:
$50
Step by Step Explanation:
100 shares × $70 = $7,000
$7,000 × 0.5 = $3,500 (loan amount)
0.30 = (100P −$3,500)/100P
0.30×100P= 30P
30P = 100P −$3,500
30P- 100P= -70P
−70P = −$3,500
-3500/-70P = $50P
P = $50
The stock price level someone would get a margin call Assuming the stock pays no dividend is $50
Answer:
a. $12.40
Explanation:
EBIT stands for earnings before interest and taxes; therefore, interest and taxes rates should not be considered. The EBIT is determined as the amount from sales deducted by operating costs and depreciation. The EBIT is:
The answer is alternative a. $12.40.
Answer:
The correct option is A.
Explanation:
The chain of command in an organisation refers to the official hierarchy of authority that dictates who is in charge of whom and of whom permission must be requested before any important business decision is made.
A chain of command is put in place so that everyone will know who they are supposed to report to and what responsibilities are expected of them at their current level. A chain of command is used to enforce responsibility and accountability and organisations will implement a chain of command so that workers will follow them when asking questions or filing complaints.
In the scenario presented above, Victor Green clearly does not know the chain of command, therefore, he does not know who to report to or seek permission from in order to make a business decision.
Answer:
$220.028
Explanation:
According to dividend valuation model, the price of share is the present value of all the dividends that the share will give in future.
Based on the above statement the price of the share of the OMG Corporation shall be determined as follows:
Present value of year 1 dividend=1.856(1+7.10%)^-1 $1.733
(1.60*1.16)
Present value of year 2 dividend=2.153(1+7.10%)^-2 $1.88
(1.856*1.16)
Present value of year 3 dividend=2.497(1+7.10%)^-3 $2.033
(2.153*1.16)
Present value of year 4 dividend=2.897(1+7.10%)^-4 $2.202
(2.497*1.16)
Present value of all dividends after year 4= $212.18
[2.897(1+6%)/7.10%-6%]*(1+7.10%)^-4
Price of share $220.028
