Answer:
1. October 1
Dividends (Cr) 1950
Dividend Payable (Dt) 1950
2. October 15
No journal entry required
3. Record the payment of cash dividends
Dividend Payable (Cr) 1950
Cash (Dt) 1950
Explanation:
(<em>3,900 shares of common stock outstanding</em>) *(<em>declared $0.50 per share dividend</em>) = 1950
<span>These are monopoly market structures. This is where the person or company selling items does not face competition and is the only person or company selling the items with no competitor that has a close substitute. This is an imperfect kind of competition.</span>
The dividend yield for the given stocks is 4.12%.
What is dividend yield?
- A financial ratio (dividend/price) called the dividend yield, which is stated as a percentage, demonstrates how much a firm pays in dividends annually in relation to the price of its stock.
- The price/dividend ratio is the counterpart of the dividend yield.
- The dividends from real estate investment trusts (REITs), master limited partnerships (MLPs), and business development corporations (BDCs) are taxed more heavily than the typical dividend.
- The dividend yield of a stock may be rising as a result of a dropping stock price, therefore it's crucial for investors to remember that greater dividend yields do not always signal appealing investment prospects.
<u>Solution:</u>
We know that dividend yield = 
× 100
dividend yield = 
× 100 = 4.12%
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Answer: Social Welfare
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Answer:
b) cash inflow in the final year of the project
Explanation:
Aftertax salvage value is the net proceeds from the sale or disposal of fixed assets like Plant and Equipment (PPE) at the end of the project. The amount of money received is an income and therefore, tax must be paid on it and the company keeps the rest.
The after tax salvage value of a fixed asset used in a project , is included in the NPV calculation . It is a terminal cashflow and is part of the project since the assets being sold are used in production of the items that Rossiter Restaurants sell. However, it is important to note that you will use the PV of the after tax salvage value with the PV of other cash inflows and initial investment amount to find the NPV of the project.
