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nikklg [1K]
3 years ago
8

Find the after-tax return to a corporation that buys a share of preferred stock at $49, sells it at year-end at $49, and receive

s a $5 year-end dividend. The firm is in the 30% tax bracket. (Do not round intermediate calculations. Round your answer to 2 decimal places.)
Business
1 answer:
11111nata11111 [884]3 years ago
4 0

Answer:

$3.5 per share

Explanation:

After tax Return is the actual return that an investor receives from an investment in asset during a specific period of time after deducting the tax. If the investment is made in the stocks, It includes the dividend received and the price change of the stock.

Total return Received = Dividend + Price change = $5 + ($49 - $49 ) = $5

After tax Return = Total return During the period x ( 1 - tax rate)

Rate of Return = $5 ( 1 - 0.3 ) = $3.5 per share

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Answer:true

Explanation:

Being a millennial, he ought to have gathered enough experience even before joining the new company. Mr Blake to have gotten to the fleet of millennial would be able to think critically to access the customers online and also evaluate them.

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4 years ago
Read 2 more answers
If, during the year, total liabilities increased by $95,000 and total stockholders' equity decreased by $75,000, what is the amo
eimsori [14]

Answer:

Total Assets at the end of the year increased by 20.000.

Explanation:

The accounting equation said:

Equity = Total Assets - Total Liabilities

It means that the difference between Assets and Liabilities must be cover with Equity, the movements during the year in Liabilities and Equity must be reflected ni the Total Assets, that is why we have to increase Assets by 20.000 so the equation keep it validity

6 0
3 years ago
Bobby consumes only ice cream and cookies and he is spending all of his income. Currently, he is spending his income in such a w
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Answer: (D) buy more ice cream and fewer cookies

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Marginal utility estimates the added satisfaction a consumer gets from consuming additional units of goods or services. It is used to determine how much of a product consumers are willing to purchase.

6 0
4 years ago
natural disasters can happen at any time and have unknown or incalculable effects. based on information from subject matter expe
Ksivusya [100]

0.013 is the annualized rate of occurrence (ARO) for a natural disaster affecting an organization.

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3 0
1 year ago
Shaniqua's restaurant utilizes a product cost percentage pricing system. What should be the selling price for a steak dinner she
natima [27]

Answer:

option (A) $28.00

Explanation:

Data provided in the question:

Total cost of Shaniqua's plate = $7.00

Desired product cost = 25%

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Let the selling price for a steak dinner be 'x'

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[(Total cost of plate) ÷ (Selling price)] × 100% = 25%

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