1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
AnnyKZ [126]
3 years ago
10

The firm has just declared a dividend of $1.09 per share for the current fiscal year. The firm has earnings per share of $2.11,

and 225,000 shares outstanding with a market price of $31.17 per share prior to the ex-dividend day. Ignore taxes. As a result of this dividend, the: A) the current dividend yield is 51.66% B) retained earnings will increase by $245,250. C) the current dividend payout ratio is 3.497% D) earnings per share will increase to $3.20. E) price-earnings ratio will be 14.26 ex-dividend.
Business
1 answer:
Anna007 [38]3 years ago
4 0

Answer: E) price-earnings ratio will be 14.26 ex-dividend.

Explanation:

Stock prices generally decrease in price by the price of the dividend on ex-dividend date.

This means that this stock will reduce to:

= 31.17 - 1.09

= $30.08

Price to Earnings ratio = Stock price/ Earnings per share

= 30.08/2.11

= $14.26

<em>Option E is correct. </em>

You might be interested in
]To estimate the percentage of defects in a recent manufacturing​ batch, a quality control manager at Daimler minus Chrysler sel
krek1111 [17]

Answer:

Answer is option A, i.e. systematic sampling.

Explanation:

Systematic sampling is the type of probability sampling method of selection of samples out of the given group of homogenous nature. In this method, every Kth sample is selected until the required amount is obtained. Here, Chrysler selects every 16th van until he is successful in obtaining the 80 vans. Thus, Chrysler is using a systematic sampling method here.

3 0
3 years ago
The economizing problem is essentially one of deciding how to make the best use of Group of answer choices limited resources to
IceJOKER [234]

Answer:

limited resources to satisfy virtually unlimited wants.

Explanation:

The economic issue is basically that of determining whether to allow the most use of finite capital to meet limitless human needs.

Person has limitless wishes, which are seldom fulfilled, in economics studies involve how to offer greater pleasure with limited resources or how to allow effective use of limited resources.

5 0
3 years ago
A(n) _____ is an outside firm that specializes in the creation, production, and/or placement of the communications message and t
krek1111 [17]

Answer:

An advertising agency

Explanation:

An advertising agency is an agency that dedicates it's business to creating , planing , and managing all aspects of a client's advertising. It also specializes in promotions and marketing for its client.

Advertising can be carried out via websites, online and social campaigns, brochures, catalogs, direct mail, print ads, radio and TV commercials, and sales letters.

An advantage of an Advertisement agency is that it helps provide a creative environment that combines interesting activities with work, and great exposure too

6 0
3 years ago
Raymond Chandler wrote classic American detective stories. By always using certain roles for his characters and props that were
OleMash [197]

Answer:

Cultural formula

Explanation:

Cultural formula can be described as a situation there is tend to a consistent occurrence of certain roles and props in a series of media events.

Cultural formula can be employed in a novel through the use of certain roles for characters and props that go along with the genre.

Therefore, Chandler's novels followed a cultural formula.

8 0
3 years ago
Blossom Corporation was organized on January 1, 2019. During its first year, the corporation issued 2,050 shares of $50 par valu
kifflom [539]

Answer:

December 31, 2021

Debit : Dividends $28,500

Credit : Shareholders for Dividends $28,500

Explanation:

The Dividends declared present a present obligation by the entity to its shareholders.

5 0
3 years ago
Other questions:
  • You decide to buy a new car. You talk to friends about it, research mechanical specifications in Consumer Reports, test drive di
    8·1 answer
  • What steps are recommended for creating a successful person budget?
    11·2 answers
  • How does a market surplus affect prices and consumer demand for a product?
    10·1 answer
  • Matt newell, a former air force pilot, decides to operate a helicopter tour company to provide customers with breathtaking views
    5·1 answer
  • Suppose that two things happen simultaneously in the market for fish. First, a new technology allows fishing boats to catch more
    12·1 answer
  • Terry, nick, and frank are forming the doctor partnership. terry is transferring $30,100 of personal cash and equipment worth $2
    13·1 answer
  • Nathan and Lucas own separate tree farms that produce timber. Both farms are the same size and have the same resources available
    12·2 answers
  • If the physical count of inventory showed $158,000 of inventory on hand and the inventory records reported $163,000, what would
    6·1 answer
  • How to work out opening balance?​
    7·2 answers
  • Bill and Jane Jones were divorced on January 1, 2018. They have no children. In accordance with the divorce decree, Bill transfe
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!