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balandron [24]
3 years ago
9

Edison Corporation paid a dividend of $10 per share on its $100 par preferred stock and $4 per share on its $20 par common stock

. The market value of the common stock is $80 per share. Edison's dividend yield is a.5% b.25% c.10% d.20%
Business
1 answer:
stepan [7]3 years ago
5 0

Answer:

The dividend yield is 5%

Explanation:

The amrket value of common stock is known and the dividend yield on the common stock will be calculated.

The dividend yeild is basically the dividend return that the stock is providing expresses as a percentage of its market price.

Thus, the formula for dividend yield is,

Dividend Yield = Dividend per share / market price per share

The dividend yield on Common stock = 4 / 80 = 0.05 or 5%

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Sandhill Company is constructing a building. Construction began on February 1 and was completed on December 31. Expenditures wer
Alla [95]

Answer:

$2,319,000

Explanation:

Amount

March1 $1,884,000

June 1 $1,284,000

Dec 31 $3,082,450

Capitalization period

March1

10/12×$1,884,000 =$1,570,000

June 1

7/12 $1,284,000=$749,000

Dec 31

0

Weighted Average Accumulated expenditure

March 1 $1,570,000

June1 $749,000

Dec 31 $0

Total $2,319,000

8 0
3 years ago
The Clifford Corporation has announced a rights offer to raise $10 million for a new journal, the Journal of Financial Excess. T
kkurt [141]

Answer and Explanation:

1. The maximum possible subscription price is $60

The maximum price is anything greater than $0

2.Number of new shares

$10,000,000/$50

=$200,000

Number of right shares

$1,000,000/$200,000

=$5

3. Excess right 58.33

(5*60+50)/(5+1)

Value of excess 1.67

($60-58.33)

4.Portfolio value before right offering

2,000×60

= 120,000

Portfolio value after right offering 120,000

(2000×58.33 +2000×1.67 )

8 0
3 years ago
Which of the following is a service business?
creativ13 [48]

Answer:

travel agency

Explanation:

as service businesses include <u>companies engaged in transport</u>, food service, distribution, retail, and other industries that sell services rather than products. These intangibles provide the primary revenue source for service businesses.

4 0
3 years ago
Read 2 more answers
The Freedom of Information Act is designed to
kiruha [24]

Answer:<u><em>Option (b) is correct.</em></u>

Explanation: Freedom of Information Act customarily provides that any individual has the freedom to application access to governmental agency transcript or information except to an amplitude the transcript are protected from acknowledgment by nine exemptions encompass

ed in the law. Most of these documents are redacted.

4 0
3 years ago
A _____ is an integrated collection of data that can include seemingly unrelated information, no matter where it is stored in th
Deffense [45]

A ​data warehouse is an integrated collection of data that can include seemingly unrelated information, no matter where it is stored in the company.

An enterprise data warehouse (EDW), sometimes referred to as a data warehouse (DW or DWH) in computing, is a system used for reporting and data analysis and is regarded as a key element of business intelligence.

data warehouse DWs serve as a central repository for combined data from a variety of sources.

They keep both recent and old data in a single location that is utilized to provide analytical reports for employees across the whole company.

The operational systems upload the data that is kept in the warehouse (such as marketing or sales).

Before being used in the data warehouse for reporting, the data may go via operational data storage and require data cleansing for extra activities to ensure data quality.

Learn more about the data warehouse here:

brainly.com/question/14615286?

#SPJ4

8 0
2 years ago
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