1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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.

You might be interested in
Your firm’s biggest client is coming to town today. You have been assigned the important task of showing him the town and being
melisa1 [442]

Answer:

Ethical dilemma

Explanation:

This scenario causes a situation of ethical dilemma or also known as ethical paradoxes or moral dilemma. In ethical dilemma both the available choices are wrong and are conflicting with each other the decision between right and wrong is ethics, but when such a situation arises the decision is to be taken by the person facing this ethical dilemma and his/her actions solely depends on the moral choices of the person and his/her views about ethics.

3 0
3 years ago
We call the 10 / 30 rule
Schach [20]
If you put my info in this I could have answered this
3 0
3 years ago
Suppose Specific Automakers is considering signing a long-term contract with the union representing its workers. Specific Automa
natka813 [3]

Answer: Worsen; benefits

Explanation:

Specific Automakers is signing a long term contract with the union who are the representative of workers.

Real wages should increase by = 2%

Expected inflation = 5%

Nominal wage increase = 7%

Actual inflation = 6%

Actual inflation is greater than expected inflation, so this would worsen the union and it is beneficial for the automakers because now real wage increase is only:

= Nominal wage - Actual inflation rate

= 7% - 6%

= 1%

This is an example of re-distributive cost of inflation.

8 0
3 years ago
In most cases, what is the most expensive promotion tool?
REY [17]

Answer: (B) Personal selling

Explanation:

 The person selling is basically refers to the two-way communication process in which we sell our products and the services face to face to the customer.

The personal selling is also known as the interaction form of selling the products to the user.

The personal selling is one of the most expensive promotion tool as it is hardly used for advertising the products. It mainly involve spreading the information regarding the specific organization products and the services.

Therefore, Option (B) is correct.

6 0
3 years ago
What is the present value of $6,811 to be received in one year if the discount rate is 6.5 percent?
Marat540 [252]

The present value of of $6,811 to be received in one year if the discount rate is 6.5 percent  will be $6, 395.31.

What does Present Value mean?

A financial concept that calculates the current value of a future sum of money or stream of cash flows is present value. It's used to compare the relative worth of different amounts of money that aren't available at the same time. The inverse of future value. The sum of future investment returns discounted at a specified rate of return is calculated as the present value of money you expect from future income.

What is Financial concept?

Financial concepts are the fundamental principles and theories of finance, which provide guidance on how to assess and manage financial risks, return, and value. These concepts include the time value of money, diversification, risk-return trade-off, capital budgeting, and portfolio selection. Financial concepts are essential for making sound financial decisions and investments.

The procedure to find an present value:

Present Value = FV/ (1+i)^n

6,811/(1+0.065)^1

6, 395.31

To know more about Present value,

brainly.com/question/15904086

#SPJ1

3 0
10 months ago
Other questions:
  • Which of the following acronyms refers to the safety procedure that workers should use when performing maintenance or repair on
    14·1 answer
  • At a particular store, candy bars are normally priced at $1.00 each. last week, the store offered a promotion under which custom
    11·1 answer
  • Which of the following is a way developing nations are trying to raise living standards? A. Return to traditional ways of farmin
    11·2 answers
  • If a price ceiling is set above the equilibrium price in a market rev:a. rationing will be necessary. b. surpluses of the commod
    8·1 answer
  • Aircraft Products, a manufacturer of aircraft landing gear, makes 1,000 units each year of a special valve used in assembling on
    11·1 answer
  • In an enterprise-class database system, business users interact directly with the DBMS, which directly accesses the database dat
    14·1 answer
  • Marketing channels can achieve economies of scale through:a. overcoming spatial discrepanciesb. overcoming temporal discrepancie
    9·1 answer
  • Dechow Company has outstanding 20,000 shares of $50 par value, 6% cumulative preferred stock and 50,000 shares of $10 par value
    8·1 answer
  • Everdeen Inc. has a 90-day operating cycle. If its average age of inventory is 35 days, how long is its average collection perio
    9·1 answer
  • Which margin setting would you select to maximize the amount of space available for text on a page?.
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!