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3 years ago

Resorts Corp. common stock is selling for $36.75 a share and has a dividend yield of 2.3 percent. What is the dividend amount?

Business

1 answer:

Oxana [17]3 years ago

6 0

Answer:

The Annual dividend amount is: $36.75 x 2.3% = $0.85

Explanation:

The dividend yield is the ratio of a company's annual dividend compared to its share price. The calculated formula of dividend yield as follows:

Dividend Yield = Annual Dividend / Share Price

Hence, Annual Dividend = Share Price x Dividend Yield

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2 years ago

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Alex Ar [27]

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3 years ago

What does s1 stand for in the formula to calculate moving averages?

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In medical terms it would be the first sacral vertebra through the fifth sacral vertebra

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3 years ago

Iaci Company makes two products from a common input. Joint processing costs up to the split-off point total $42,000 a year. The

eimsori [14]

Questions

Iaci Company makes two products from a common input. Joint processing costs up to the split-off point total $42,000 a year. The company allocates these costs to the joint products on the basis of their total sales values at the split-off point. Each product may be sold at the split-off point or processed further. Data concerning these products appear below: Product X Product Y Total Allocated joint processing costs $22,400 $19,600 $42,000 Sales value at split-off point $32,000 $28,000 $60,000 Costs of further processing $11,600 $25,300 $36,900 Sales value after further processing $44,800 $53,200 $98,000 Required: (a) What is the net monetary advantage (disadvantage) of processing Product X beyond the split-off point?

Answer:

Net advantage from further processing $1,200 

Explanation:

A company should process further a product if the additional revenue from the split-off point is greater than than the further processing cost.

Also note that all the joint costs incurred up to the split-off point are irrelevant to the decision to process further any of the .

Net monetary advantage of product X

Sales revenue after the split-off point 44,800

Sales revenue at the split-off point (32,000)

Additional sales revenue 12,800

Further processing cost (11,600)

Net advantage from further processing 1,200

Net advantage from further processing $1,200 

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3 years ago

A company began developing computer software to be sold as a separate product on January 1, year 1. During the planning, coding,

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Answer:

The sofware-relate cost to capitalized will be 1,300,000

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The cost than a business can capitalize will stop once the testing phase is complete.

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The software amount will be 1,300,000 which is the value of the cost incurred in the testing phases

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3 years ago