All categories

3 years ago

If an $80 stock pays a quarterly dividend of $1 what is the implied annual rate of return

1 answer:

3 0

An annual rate of return is the amount of loss or gain made through an investment in a yaear based on the percentage of intial investment.

In this case, since the quarterly divident is $1, in one year it would be:
$1 x 4 = $4

So, the annual rate of return would be $4 / $80 x 100% = 2%

You might be interested in

Matt observes that "there is a high correlation between educational attainment and the level of income." Jean concurs and adds t

lianna [129]

Answer:

d. Matt's statement is positive while Jean's statement is normative

Explanation:

A positive statement can be defined as any statement that is typically based on empirical evidence and as such can be tested, proven and verified. Also, a positive statement can be amended or rejected based on evidences that are available.

On the other hand, a normative statement can be defined as any statement that can't be tested, proven or verified because it is judgmental and based on opinions.

In this scenario, Matt observes that "there is a high correlation between educational attainment and the level of income." Jean concurs and adds that "high school graduates should all proceed to college"

Hence, Matt's statement is positive because it is an observation based on empirical evidence while Jean's statement is normative because it's simply his opinion or a value judgment.

7 0

3 years ago

A business that incorporates must file a document with the state, which includes a description of the business activities, the s

Sindrei [870]

Articles of incorporation , corporate charter are used to describe this document.

<h3><u>Explanation:</u></h3>

The document that is very formal in nature and also filled with information related to the creation of the company refers to the Articles of incorporation. It contains the details related to the name and address of the company, the type and the amount of stock that is to be issued, agent for service of process.

The document that contains the information related to the secretary of state during the time in which the business is incorporated refers to the corporate charter. This can also be referred as certificate of incorporation. The details in this documents may differ that depends on the size and the regulations of the company.

6 0

4 years ago

You and your friends hike a total of 8 miles to the nearest campsite (Activity A). Upon arriving you break off into teams. One t

IgorLugansk [536]

Answer:

a. The critical path is 16 minutes.

b. The length of time to complete the entire process = 23 minutes.

Explanation:

a) Data and Calculations:

Activity Optimistic time Most Likely Time Pessimistic Time

to complete to Complete to Complete

A Hike to the campsite 3 5 8

B Set up campsite 2 4 5

C Collect wood for fire 1 3 5

D Start a fire 1 2 3

E Find water 0.5 1 3

F Collect water & bring it

back to camp 1 2 4

G Purify the water 1 2 4

H Cook and eat dinner 1 3 4

I Put out fire 1 2 4

J Dispose of food waste 0.5 2 3

K Return from food

waste disposal 0.25 1 2

Total time 12.25 27 45

Critical path: Activity A - Activity B

Activity A - Activity C 3 - Activity D 2 - Activity E 1 - Activity F 2

Activity G 2 - Activity H 3 - Activity I and J 2 - Activity K 1

= 3 + 2 + 1 + 2+ 2 + 3 + 2 + 1 = 16 minutes

Length of time to complete the entire process = 27 - 4 = 23

The critical path identifies the longest stretch of dependent activities and measuring the time required to complete them from start to finish.

5 0

3 years ago

An Engel curve:________.

creativ13 [48]

Answer:

A. slopes upward for normal goods and downward for inferior goods.

Explanation:

In the case of Engle curve it plots the relationship between income and demand for a good.

In the case of the normal goods, as the income rises the demand also rises while on the other hand in the case of inferior goods, the income rises the demand false

So it sloped upward for the normal goods and slop downwards for the inferior goods

3 0

3 years ago

Zar company paid employee wages on and through friday,january,26 and the next playroll will be paid in february. Emploees work 5

garik1379 [7]

Answer:

Debit to Salaries Expense $2,700; Credit to Salaries Payable $2,700

Explanation:

In accounting, we have to recognize all expenses even though we haven't paid it yet. This is one of those instances.

The employees have worked for 3 days at the end of January but will not receive their payment on that day. That equates to $2,700 of salaries accrued at the end of January.

Accrued Expenses are recorded as payables, in this problem it's "Salaries Payable".

So to complete the adjusting journal entry:

(Debit) Salaries Expense $2,700

(Credit) Salaries Payable $2,700

3 0

3 years ago