Answer:
Quarterly dividend = $0.85
Explanation:
Shares are instruments that are used to obtain funds by businesses. Buyers of shares get ownership of part of the company in exchange for their money invested.
As a way to motivate investors to buy, companies quote a dividend payout to investors.
In the given scenario the dividend yield is 4% on a $85 stock
The yield is yearly
Yearly dividend = $85 * 0.04 = $3.4
We are required to get the quarterly dividend
Quarterly dividend = 3.4 ÷ 4
Quarterly dividend = $0.85
Answer:
Current Assets = $85,000
Explanation:
Anson Corporation
Balance Sheet (Partial)
As at December 31, 2018
Assets
Current Assets:
Accounts receivable $12,000
Inventories 40,000
Treasury Bill 30,000
<u>Prepaid insurance 3,000</u>
Total current assets $85,000
Prepaid insurance $6,000/2 = $3,000 is for current years. Therefore, $3,000 is a current assets. Since treasury bill is an investment and for 3 months, it is a current assets.
She would have to pay back for the more expensive interest than the less expensive interest which will be calculated in the form of simple interest and compound interest .
Simple interest
10000 x .07 = 700
700 x 5 = 3500
total 13500
Compund interest
10000(1.06)^5 = 13382.26
13500 - 13382.26 = 117.74
118 rounded
Learn more about simple interest and compound interest here :
brainly.com/question/25663053
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To improve a company's value chain, its value chain management team identifies each part of its production process and where improvements can be made. These improvements can either reduce costs or improve production capacity.
Answer:
Jordan
Explanation:
Given that :
JORDAN :
Principal (P) = $100
Compound interest rate (r) = 3%
AMOUNT AFTER 3 YEARS:
A = P(1 + r/n)^nt
n = number of times interest is applied per period
t = time ; A = final amount
A = 100(1 + 0.03)^3
A = 100(1.03)^3
A = 100(1.092727)
A = $109.2727
JUSTIN :
Principal = $100
SIMPLE INTEREST interest rate = 3%
A = P(1 + rt)
A = 100(1 +(0.03 * 3))
A = 100(1 + 0.09)
A = 100(1.09)
A = 1.09 * 100
A = final amount after 3 years = $109
