Answer:
The answer is given below;
Explanation:
Revised Stocks =53,000*2=106,000
Dividend per share=106,000*.4=$42,400
The $42,400 will be reported as dividend as the number of shares outstanding have doubled due to stock split.
Answer:
a. 1.14
Explanation:
The current ratio is a financial measure that shows how many times the current assets of an entity may be used (covers) the current obligations (liabilities) of the entity.
It is given as current assets divided by current liabilities.
Astin Company’s current ratio
= $82530/$72120
= 1.14
This means that the current assets will settle the current liabilities 1.14 times.
I think the correct answer from the choices listed above is option D. All of these are open-system characteristics except circular causation. It is a<span>n action that is controlled or affected by its own status-change or result . Hope this answers the question. Have a nice day.</span>
Answer:
0.00573
Explanation:
Cost of the bond today = $99.43
Value of bond at end of year = $100
Difference = $100 - $99.43 = $0.57
This $0.57 represents earnings on such bond value, that is yield on the bond.
Thus, yearly yield = $0.57/$99.43 = 0.00573
This value represents the discount rate of 1 year on $100 that is for which present value $99.43.
Final Answer
0.00573
