<u>Answer:</u>$600
<u>Explanation:</u>
Dividend = Dividend per share x Number of shares
= 2 x 300
=600
Dividend received by Camille is $600
Dividend is the excess profit which a company distributes it to the shareholders after meeting all the company expenses. Dividends can be paid quarterly, monthly or annually. Dividend is paid for each share held by the shareholder. The dividend declared by the company is also per share basis. The dividend earned by a person is based on the number of shares held by shareholder.
Answer: Rylan's stock would sell for $21.96 at the end of the four years
Explanation:
PV = Current Price = $31.27
D = Dividend paid each year =$5.70
r = Equity cost of capital = 12%
FV = Price of Rylan's stock at the end of four years = ??
N = Number of years = 4
PV = D ![[\frac{1 - \frac{1}{(1+r)^{N} } }{r} ]](https://tex.z-dn.net/?f=%5B%5Cfrac%7B1%20-%20%5Cfrac%7B1%7D%7B%281%2Br%29%5E%7BN%7D%20%7D%20%7D%7Br%7D%20%5D)
+ 
31.27 = 5.70 ![[\frac{1 - \frac{1}{(1+0.12)^{4} } }{0.12} ]](https://tex.z-dn.net/?f=%5B%5Cfrac%7B1%20-%20%5Cfrac%7B1%7D%7B%281%2B0.12%29%5E%7B4%7D%20%7D%20%7D%7B0.12%7D%20%5D)
+ 
Solve for FV,
FV = $21.96
Rylan's stock would sell for $21.96 at the end of the four years
Answer:
The correct answer is D.
Explanation:
Giving the following information:
Maker Co. discovered that in the prior year it incorrectly calculated depreciation expense and reported $75,000 in depreciation expense instead of the correct depreciation expense of $50,000. The tax rate for the current year was 35%.
We need to calculate two different impacts:
Accumulated depreciation= actual depreciation - original depreciation
Accumulated depreciation= 50,000 - 75,000= 25,000 overstated
Now, the effect on income:
Savings in tax= 25,000*0.35= $8,750
Economics because it has to deal with money, which is important for a career in business.
