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Oksana_A [137]
3 years ago
12

A particular stock sells for $43.20 share and provides a total return of 11.6 percent. The total return is evenly divided betwee

n the capital gains yield and the dividend yield. Assuming a constant dividend growth rate, what is the current dividend per share?A. $2.24B. $2.37C. $2.34D. $2.51E. $2.47
Business
1 answer:
LuckyWell [14K]3 years ago
5 0

Answer:

B. $2.37

Explanation:

The current dividend per share will be calculated using formula:

Po = [Do (1 + g) ] / (r - g)

Do = Po (r - g) / (1 + g)

Po = Current Share price

Do = Current dividend

r = Rate of return

g = growth of dividend

Do = ($43.20 *  (0.116 - 0.058)   / 1.058

Do = $2.37 per share

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Sonic Corp. manufactures ski and snowboarding equipment. It has estimated that this year there will be substantial growth in its
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Tobin inherited 100 acres of land on the death of his father this year. A Federal estate tax return was filed and the land was v
sweet [91]

The basis of Tobin's land was stepped up or down to the fair market value, and that value was $3,00,000.

<h3>What is inherited property?</h3>

When a death happens in a year, the ground of the property is travelled up or downbound to the fair market value on the day of death if there is an inheritance case.

The process of property to a successor or heirs upon the death of the owner, often known as succession. The term “inheritance” besides refers to the property.

Tobin has inherited a property from his father, that died in the present year, and the sightly market value on the date of death, according to the federal estate tax return, is $3,00,000. Tobin's basis in land is $3,00,000.

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8 0
2 years ago
"When a parent uses the partial equity method throughout the year to account for its investment in an acquired subsidiary, which
Sedaia [141]

Options for the first question:

a? Goodwill will be recognized if acquisition value exceeds fair value of net assets acquired.

b? Parent company net income will be less than controlling interest in consolidated net income when fair value of net assets acquired exceeds book value of net assets acquired.

c? Subsidiary net assets are valued at their book values before consolidating entries are made.

d? Parent company net income will exceed controlling interest in consolidated net income when fair value of depreciable assets acquired exceeds book value of depreciable assets.

e? Parent company net income will equal controlling interest in consolidated net income when initial value, book value, and fair value of the investment are equal.

Information regarding the second question:

Book Value Fair Value

Buildings (10-year life) $10,000 $8,000

Equipment (4-year life) $13,000 $17,000

Land $5,000 $12,000

In consolidation at January 1, 2017, what adjustment is necessary for Hogan's Equipment account?

Answer:

Answer to the first question:

  • B) Parent company net income will be less than controlling interest in consolidated net income when fair value of net assets acquired exceeds book value of net assets acquired.

Answer to the second question:

  • The fair market value of the equipment is higher than the book value, therefore the equipment account must increase by = $17,000 - $13,000 = $4,000

Explanation:

The partial equity method is used when the company's stake is not significant in the subsidiary or when the parent doesn't exercise operating control over the subsidiary.

3 0
3 years ago
In the first wave of electronic commerce, radio-frequency devices and smart cards were combined with biometric technologies. In
defon

Answer:

b) In the first wave, Internet technologies were integrated into B2B transactions and internal  business processes by using bar codes and scanners to track parts, assemblies, inventories,  and production status. These tracking technologies were not well integrated,  sending transaction information to each other using a patchwork of communication methods,  including fax, e-mail, and EDI.

c) The Internet technologies used in the first wave of electronic commerce were slow and inexpensive. Most consumers used dial-up modems to get connected to the Internet.

Explanation:

The first wave of electronic commerce was mainly a U.S. phenomenon with the web  pages in English, on commerce sites, with the e-mail as a tool for relatively unstructured  communication. Investors were excited  about electronic commerce, creating new enterprises, no matter the investment or the weak baseline ideas were, to have an easy access to start-up and exploit electronic commerce opportunities.

The second wave is characterized by its international scope, with sellers doing business in many countries and in many  languages though translation and currency conversion are two impediments to the efficient conduct of global business. The  fast increase from 12% in 2004 to 60% in 2009, in broadband connections in homes, and is a key element in the B2C component to make Internet more efficient.

In the second wave, Radio Frequency Identification (RFID)  devices and smart cards are being combined with biometric technologies, such as fingerprint  readers and retina scanners, to control more items and people in a wider variety of situations.

These technologies are increasingly integrated with each other and with communication systems that allow companies to communicate with each other and share transaction, inventory  level, and customer demand information effectively.

4 0
3 years ago
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