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JulsSmile [24]
3 years ago
5

On July 9, you purchased 600 shares of Blue Water stock for $32 a share. On August 4, you sold 100 shares of this stock for $33

a share. You sold an additional 100 shares on August 14 at a price of $34.50 a share. The company declared a dividend of $.76 per share on August 3 to holders of record as of Monday, August 17. This dividend is payable on September 15. How much dividend income will you receive on September 15? a. $304 b. $418 c. $380 d. $360 e. $456
Business
1 answer:
My name is Ann [436]3 years ago
4 0

Answer:Dividend received = $380

Explanation:

Given:

Dividend declared= $0.76

Shares purchased= 600

Shares sold= 100

The  dividend income we will receive on September 15 can be computed using the following formula:

Dividend received =  Dividend declared×( Shares purchased- Shares sold)

= 0.76×(600-100)

= $380.

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Fynjy0 [20]

Based on the amount the bicycle was sold for and the cost to produce, the return on investment was <u>23.5%. </u>

<h3>What was the return on investment?</h3>

This can be found by the formula:

= (Total Return – Amount Invested)/Amount Invested x 100%

Solving gives:

= (85 - 65) / 85 x 100%

= 20 / 85 x 100%

= 23.5%

In conclusion, this is 23.5%.

Find out more on return on investment at brainly.com/question/15726451.

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3 years ago
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Answer:

Lower taxes on the returns from savings so that total savings increas and the interest rate falls.

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3 years ago
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Laptop computers, personal digital assistants, and cellular phones were all readily accepted and diffused in u.s. markets where
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Compatibility is the correct answer :-(
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3 years ago
EXCESS CAPACITY Williamson Industries has $7 billion in sales and $1.944 billion in fixed assets. Currently, the company’s fixed
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Answer:

a. <u>Calculation of level of sales</u>

Level of sales = Sales / Operating capacity

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Increase in fixed assets = Fixed assets sales ratio * (Increase in sales - Level of sales)

= 0.249942857 * (7,000,000,000*1+15% - 7,777,777,777.78)

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3 years ago
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umka2103 [35]

Answer:

The correct answer would be option C, He will be able to gain knowledge and support from the hotel business to run the franchise.

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