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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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Most of the time it is quite difficult to separate the three functions of money. Money performs its three functions at all time

PtichkaEL [24]

Answer:

Explanation:

a. Money is being used as a medium of exchange because Brooke is accepting money in exchange for doing her daily tasks at the office. Money facilitates transactions: Brooke will use some of that money to buy food, if money wouldn´t exist, the company will have to pay her in food, but for the company is difficult to measure how much apples, rice, coffee and other does Brooke´s work represent.

b. Money is being used as a unit of account because it provides a common measure of the value of goods or services, in this case oranges and apples.

c. Money is being used as a store of value. Even though money loses value because of inflation is the most liquid asset a person can have.

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3 years ago

30 POINTS! My package says Package is "Out for Delivery" since 9AM today but the scheduled delivery date is tomorrow. Usually wh

maw [93]

Answer:

maybe that delivered somewhere else or maybe it's a glitch

5 0

1 year ago

On December 21, 2020, Sage Company provided you with the following information regarding its equity investments. December 31, 20

Sindrei [870]

Answer:

(a) Dec. 31, 2020

Dr Unrealized Holding Gain or Loss- Income $1,610

Cr Fair value adjustment $1,610

(b) During 2021

Dr Cash $10,350

Dr Loss on sale of investment $550

Cr Equity Investment (trading) $10,900

Dr Fair value Adjustment $1,100

Cr Unrealized Holding gain or loss - Income $1,100

Explanation:

(a) Preparation of the adjusting journal entry needed on December 31, 2020

Dec. 31, 2020

Dr Unrealized Holding Gain or Loss- Income $1,610

Cr Fair value adjustment $1,610

(b) Preparation of the journal entry to record the sale of the Colorado Co. stock during 2021

During 2021

Dr Cash $10,350

Dr Loss on sale of investment $550

($10,900-$10,350)

Cr Equity Investment (trading) $10,900

Dec. 31, 2021

Dr Fair value Adjustment $1,100

Cr Unrealized Holding gain or loss - Income $1,100

Calculation for Fair value Adjustment

Cost FV Profit Unrealized Gain (Loss)

Clemson Corp. stock $20,400-$19,390 =$1,010

Buffaloes Co. stock $20,400-$20,900=-$500

Total portfolio $40,800 $40,290 ($510)

Previous Fair value adjustment $1,610

Unrealized Holding Gain $1,100

($1,100-$510)

4 0

3 years ago

Scott and Laura are married and file a joint tax return. Laura owns a sole proprietorship (not a "specified services" business)

ehidna [41]

Solution :

QBI 300000 W-2 wages 40000

Taxable 3814000 QBP 10000

income

W-2 limit

Phase greater of

out MFJ

Start 315000 50% of W-2 20000

Finish 415000 or 25% of W-2 10250

+ 2.5% of QBP

Selected 20000 Being higher As part 1

Taxable income above phase out

$\frac{381,400-315000}{100000}$ 66%

Now applying gross deduction and phase out

Gross deduction Being 20% of QBI = 66000

Less : wage limit of QBI - 20000

Phase out % x 66%

Phase out amount 30,360

Final deduction = gross deduction- phase out amount

= 66,000 - 30,360

= 35,640

8 0

3 years ago

Your auto insurance policy has a 200 monthly premium and 700 deductible. What is the maximum amount you will have to pay out of

ValentinkaMS [17]

140000 is the answer

5 0

3 years ago

Read 2 more answers