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bulgar [2K]
3 years ago
8

Beach boards reports dividends per share of $1.40 and net income for the year of $150,000. dividend yield is 3.5%. what is beach

boards' current stock price?
Business
1 answer:
maria [59]3 years ago
7 0

Beach boards net income for the year, I = $150,000 
Dividends per share, D = $1.40
 Dividend yield, DY= 3.5%
 Beach boards’ current stock price is P
 We have the formula 
 Dividend yield = Dividends per share / Current stock price => DY = D / P
 Beach boards current stock price is P = D / DY => 1.4 / 3.5 % => P = 1.4 x
100 / 3.5
 Beach boards current stock price is P = 140 / 3.5 = $40


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Sales promotion can be defined as a process of trying to get a potential customer to buy the product by persuading them. Sales promotion a short-term tactic used for the purpose of boosting sales. As a method of building long-term customer loyalty, it is barely suitable. Sales promotions are aimed at getting consumers interested in purchasing a product or service.

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Property taxes on a manufacturing facility are classified as:
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Property taxes on manufacturing facility are classified as manufacturing costs. Manufacturing cost is being defined as the overall cost from the consumed resources in which are used when making a product that is to be laid out and to be serve to the consumers. 

4 0
3 years ago
find the agi and taxable income. responses$20,222 and $7,822$20,222 and $7,822$19,007 and $6,362$19,007 and $6,362$19,007 and $7
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7 0
2 years ago
What is the power to make the decision necessary to complete a task called
antoniya [11.8K]
The answer is authority
3 0
3 years ago
Grover Corp. manufactures three products, and is currently facing a labor shortage. The selling price, costs, and labor requirem
Svetradugi [14.3K]

Answer:

A, C, B

Explanation:

Calculation to determine In what order should Grover Corp. prioritize production of its products to maximize profit during the labor shortage

Product A Product B Product C

Selling price $ 44.00 $ 18.00 $ 28.50

Less Variable cost per unit

$ 28.00 $ 15.00 $ 27.00

=Contribution margin per unit

$16.00 $3.00 $1.50

÷Direct labor hours per unit 2.00 1.50 .50

=Contribution margin per labor hour

$8.00 $2.00 $3.00

PRODUCT A=$16.00÷2.00

PRODUCT A=$8.00

PRODUCT B=$3.00÷1.50

PRODUCT B=$2.00

PRODUCT C=$1.50÷.50

PRODUCT C=$3.00

RANKING:

PRODUCT A=$8.00

PRODUCT C=$3.00

PRODUCT B=$2.00

Therefore based on the above calculation the order that Grover Corp.should prioritize production of its products to maximize profit during the labor shortage will be from the highest Contribution margin per labor hour to the lowest which are A,C,B

5 0
3 years ago
Read 2 more answers
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