Answer:
$89.32
Explanation:
For computing the ex-dividend price, first we have to determine the after-tax dividend which is shown below:
After-tax dividend would be
= Dividend per share × (1 - tax rate)
= $6.60 × (1 - 0.20)
= $5.28
Now the ex-dividend price would be
= Sale price of stock - after-tax dividend
= $94.60 - $5.28
= $89.32
Hence, we considered all the information which is mentioned in the question.
Answer: 50,000
Explanation:
The question shows that at the current number of accident per period which is 35,000, 0.1 fatalities are recorded.
If the new seat belt law reduces the fatality rate from 0.1 to 0.07, how many accidents would have to occur for the new law to match the previous fatality rate given the previous number of accidents.
Let the new number of accidents be x;
35,000 * 0.1 = 0.07 * x
3,500 = 0.07x
x = 3,500/0.07
= 50,000
At 50,000 accidents, the new law will cause the same amount of fatalities than before. Anything more than 50,000 would lead to more fatalities than before.
Answer:
$86,000
Explanation:
FIFO means first in, first out. It means that the first purchased inventory is the first to be sold.
This means thay the 500 units sold would be taken from the earliest purchased inventory and the ending inventory would be the most recently purchased inventories.
Ending inventory = (80 × $150) + (370 × $200) = $12,000 + $74,000 = $86,000
I hope my answer helps you
Answer:
The amount of the promissory note plus the interest earned on the due date is called the maturity value.
Explanation:
Maturity value is the amount that has to be paid to an investor at the end of the debt's intrument period. The amount to be paid includes the interest earned during the period of the investment and the amount of money invested.
