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Rus_ich [418]
2 years ago
15

. Suppose you bought 100 shares of stock at an initial price of $37 per share. The stock paid a dividend of $0.28 per share duri

ng the following year, and the share price at the end of the year was $41. (1) What is your total dollar return on this investment
Business
1 answer:
PilotLPTM [1.2K]2 years ago
4 0

Answer: $428

Explanation:

From the question, we are informed that one bought 100 shares of stock at an initial price of $37 per share and that the stock paid a dividend of $0.28 per share during the following year, and the share price at the end of the year was $41.

The total dollar return on this investment will be calculated as:

= 100(41 - 37 + 0.28)

= $428

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Which of the following statements is CORRECT?
rusak2 [61]

Answer:

D. The constant growth model cannot be used for a zero growth stock, where the dividend is expected to remain constant over time.

Explanation:

So, we evaluate each option.

a. We discount the dividends by the required rate of return. So incorrect.

b. The dividend yield is annual dividend per share divided by stick price per share. the 5% is the growth in dividend and not the actual dividend itself. So, incorrect.

c. The constant growth is appropriate for companies whose dividend patterns are stable. Startups have multiple stage growths and this option becomes incorrect as constant growth is not applicable.

d. A zero growth stock is one where dividend remains the same. So when there is no growth in dividend, the constant growth model becomes inapplicable. So, the statement is correct.

So, here we have our correct statement and all others are incorrect.

6 0
3 years ago
When people with lower incomes pay lower taxes, this represents the role of government called _____. supervisory body source of
Vikki [24]
The answer is reallocation of income
3 0
3 years ago
1. Tells whether a company can pay all its current liabilities if they become due immediately 2. Measures a company's success in
kirill [66]

Answer: Incomplete question.

Match the following terms to there definition.

Explanation:

1. Tells whether a company can pay all its current liabilities if they become due immediately - Quick Ratio

2. Measures a company's success in using assets to earn income - Return on Assets

3. The practice of comparing a company with other companies that are similar - Benchmarking

4. Indicates how rapidly inventory is sold - Inventory turnover

5. Shows the proportion of a company's assets that is financed with debt - Debit Ratio

6. Tells the percentage of a stock's market value that the company returns to stockholders annually as dividends - Dividend Yield

7. Measures a business's ability to pay interest on its debt - Interest coverage ratio

8. Measures a company's ability to collect cash from credit customers -

Account Receivable Turnover

3 0
2 years ago
1. What are the purposes of a checking account? ​
tatiyna
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6 0
2 years ago
Buxmont Manufacturing reported the following year-end balances: Beginning work in process inventory, $40,000; beginning finished
Sever21 [200]

Answer: <em>Cost of Goods Manufactured = $ 660,000</em>

Explanation:

Direct Material Used                                                $ 240,000

Direct labor                                                               $ 250,000

Manufacturing overheads applied                          $ 150,000

Total manufacturing Cost                                        $ 640,000

Add: Work in process                                            $ 40,000

Total Manufacturing cost                                         $ 680,000

Less: Work in process                                            $ 20,000

Cost of Goods Manufactured                                  $ 660,000

7 0
3 years ago
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