Given its current stock price the dividend yield would be 42.39%.
Given,
Digby is paying a dividend of $19. 67 (per share)
Dividend were raised by $3. 64
Dividend yield = Dividend per share / Market price per share.
As there is no share price given, I shall assume that the share price is $100. The new share price will be:
= 100 * (1 + $3. 64)
= $464
The Dividend yield would then become:
= 19.67 / 464
= 42.39%
The dividend yield will be calculated on the basis of the dividend per share divided by the market price per share and this will be calculated on the basis of the percentage.
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Answer:
Land not currently used in operations - Long-term investments
Notes payable (due in five years) - Long-term liabilities
Accounts receivable - Current assets
Trademarks - Intangible assets
Accounts payable - Current liabilities
Store equipment - Plant assets
Wages payable - Current Liabilities
Cash - Current assets
Answer:
Exact = $34.5
Ordinary = $35
Explanation:
Given that :
Principal, P = $1500
Interest rate = 14% = 0.14
Number of days = 60
For exact :
Exact simple interest uses 365 days :
Simple interest = principal * rate * time
Simple interest = $1500 * 0.14 * 60 / 365 = 34.520547 = $34.5
For ordinary simple interest :
Simple interest = principal * rate * time
Simple interest = $1500 * 0.14 * 60 / 360 = $35
Answer:
c. $3,200 favorable.
Explanation:
We know that
Total controllable cost variance = Budgeted overhead cost - actual overhead cost
where,
Budgeted overhead cost = Variable overhead + Fixed overhead
where,
Variable overhead = 40,000 units × $2 = $80,000
And, the fixed overhead = $72,000
So, the budgeted overhead = $152,000
And, the actual one is $148,800
So, the total controllable cost variance would be
= $152,000 - $148,800
= $3,200 favorable
Answer: $23,888
Explanation:
The cost today for a freshman at a public university is $19,500.
Inflation is at 7% a year and the period is 3 years from now. It is best to use a future value formula:
= Fees * ( 1 + rate) ^ number of years
= 19,500 * ( 1 + 7%)³
= 19,500 * 1.225043
= $23,888
