Answer:
amount of commission (load) Jan must pay is $1755
Explanation:
given data
investment = $39,000
charges commission (load) = 4.5 percent
to find out
Calculate the amount of commission (load) Jan must pay
solution
we get amount of commission will be here as
amount of commission = investment × charges commission % ......................1
put here value we will get
amount of commission = $39000 × 4.5%
amount of commission = $39000 × 0.045
amount of commission = $1755
so amount of commission (load) Jan must pay is $1755
Answer:
EPS 5.92
dividend yield: 3.33%
payout ratio: 0.3378
Explanation:
<em><u>Earnings per share:</u></em>
EPS = (income - preferred dividends) / common stock utstanding
EPS = (15,800,000 - 1,000,000)/ 2,500,000 = 5.92
<em><u>dividend yield:</u></em>
dividend per share / market price
$2.00 / $60.00 = 0.03333 = 3.33%
<u><em>payout ratio: </em></u>
dividends per share / earning per share
2 / 5.92 = 0,3378
Answer:
What would have been the percent earned or lost on the position is 23.2%
Explanation:
Proceeds of the sale $43 X 100 = $4,300 Margin requirement: .6 x $4,300 = $2,580
When the price of the stock rises to $49, the investor loses $600 ($4,300 - $4,900). ThereforeThe percentage lost on the invested funds is ($600)/$2,580 = (23.2%).
Answer:
$2,317,000
Explanation:
The computation of the weighted-average accumulated expenditures for interest capitalization purposes is shown below:
For expenditure on March 1
= $1,932,000 × 10 months ÷ 12 months
= $1,610,000
On June 1
= $1,212,000 × 7 months ÷ 12 months
= $707,000
On December 31, it would be zero
So, the accumulated expenditures is
= $1,610,000 + $707,000
= $2,317,000