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
12345 [234]
3 years ago
13

Carter's preferred stock pays a dividend of $1.00 per quarter. If the price of the stock is $45.00, what is its nominal (not eff

ective) annual rate of return?
Business
1 answer:
Lera25 [3.4K]3 years ago
3 0

Answer:

8.89%

Explanation:

The answer is 8.89%

Here is how we arrived at this.

Dividend = 1$ times 4

= $4 annually

Then we calculate for the nominal rate of return.

This is equal to dividend / price.

= $4/ $45

= 0.0889

To convert this to percentage

0.089 x 100

= 8.89% is the nominal annual rate of return.

You might be interested in
Question A
krok68 [10]

Answer:

uh ok... whats the question?

Explanation:

i will help u after u tell meh.

8 0
3 years ago
Problem 10-171 The following labor standards have been ... The following labor standards have been established for a particular
lozanna [386]

Answer:

Labour rate variance    $2,925 unfavorable

Explanation:

<em>The labour rate variance is the difference between the standard labour cost allowed for the actual hours worked and  the actual labor cost for the same hours</em>

                                                                               $

Standard labour cost ($19.70× 6500)                128,050

Actual labour cost                                               <u>130,975</u>    

Labour rate variance                                           <u> 2,925 unfavorable</u>

                                 

4 0
3 years ago
Phoenix Agency leases office space for $7,700 per month. On January 3, Phoenix incurs $105,600 to improve the leased office spac
nadezda [96]

Answer:

$13,200 per year

Explanation:

Amount incurred to improve the office space = $

Improvement expected to yield benefit = 10 years

Remaining life on it's lease = 8 years

Since the office space is not going to remain with Phoenix after the lease period, it means that the improvement expenses will be expensed over the remaining lease period I.e 8 years.

Therefore, the amount of expense that should be recorded the first year related to improvements can be calculated as;

= Amount incurred to improve the office space ÷ remaining life on its lease

= $105,600 ÷ 8

= $13,200 per year

7 0
3 years ago
In 2019, Joan accepted and received a $10,000 award for outstanding civic achievement. Joan was selected without any action on h
Daniel [21]

Answer:

A) $0

Explanation:

If the award was unsolicited and given to Joan in recognition for her accomplishments in scientific, educational, literary, religious, artistic, or civic fields, then the award is not taxed.

The unsolicited part is the key here, since most awards are given to candidates that have been previously been nominated by someone, e.g. Nobel prizes are only given to nominated candidates and the winners must pay income taxes.

5 0
2 years ago
An increase in the real wage rate ________ the quantity of labor demanded, ______ the quantity of labor supplied, and when the l
svlad2 [7]

An increase in the real wage rate decreases the quantity of labor demanded, increases the quantity of labor supplied, and when the labor market is in equilibrium, equates demand and supply of labor.

<h3>What is real wage rate?</h3>

Real Wage Rate in economics refers to the result obtained by dividing the nominal wage rate by the prices of goods.

It is used as a more accurate measure of how much the spending power and is also an indicator of the standard of living of workers.

Learn more about real wage rate at:
brainly.com/question/6342231

7 0
2 years ago
Other questions:
  • Yo tell me if this is true.. i walk down the sidewalk and found a grass hooper and ate it...
    7·2 answers
  • Preparing information to be communicated to others is called
    8·1 answer
  • M Corp. has an employee benefit plan for compensated absences that gives each employee 15 paid vacation days. Vacation days can
    6·1 answer
  • Wanda owns a lemonade stand. she produces lemonade using five inputs: water, sugar, lemons, paper cups, and labor. her costs per
    14·1 answer
  • Sky invests $90,000 today and receives a future value 8 years from now of $120,000. Interest is compounded twice per year. Her s
    7·1 answer
  • Summit Apparel has the following accounts at December 31: Common Stock, $1 par value, 1,900,000 shares issued; Additional Paid-i
    15·1 answer
  • Bob is shopping in Carl’s Hardware Store when a nail gun in use by Dan, one of Carl’s employees, fires without warning and hits
    14·1 answer
  • Why should a person create a budget
    9·2 answers
  • Fees paid by mutual fund shareholders may include all the following except a
    14·1 answer
  • The relatively homogeneous and enduring divisions in a society, which are hierarchically ordered and whose members share similar
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!