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inna [77]
3 years ago
10

Stock in Trochel Office Supplies trades at $72.40 per share and pays a yearly dividend of $6.92 per share. If David owns stock i

n Trochel Office Supplies worth $6,443.60, how much does he get paid in yearly dividends? a. $678.16 b. $931.16 c. $615.88 d. $560.52 Please select the best answer from the choices provided A B C D
Business
1 answer:
Naddika [18.5K]3 years ago
5 0

Answer:

c. $615.88

Explanation:

David owns a total 6,443.6

Each share value is 72.40

We have to divide his amount over the cost of each share to know how many shares David has.

$ 6,443.60 total investment / $72.40 per share= 89 shares

Trochel Office Supplies pays 6.92 dollars per share

Therefore, total dividends paid to David:

89 shares x 6.92 dollars = $ 615.88 total dividends

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ch4aika [34]

Answer:

True

<h3>What is an Information system?</h3>
  • An Information System (IS) is a set of interrelated components that work together to collect, process, store, and disseminate information to support decision-making.
  • They also support the coordination, supervision, analysis, and visualization of an organization.

To learn more about it,  refer

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7 0
1 year ago
Weighted Average Cost Method with Perpetual Inventory The beginning inventory for Dunne Co. and data on purchases and sales for
muminat

Answer

The answer and procedures of the exercise are attached in the following archives.

Step-by-step explanation:

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

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4 0
3 years ago
What is the nature of the industry being operated at koppers?
Leviafan [203]
<span>Up until 2009 a wood treating facility was operated at Koppers
The wood treating facility lasted for more than 90 years (it operated from </span>1916  to 2009). 
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8 0
3 years ago
In the context of the entrepreneurial strategy matrix, a ________ is most likely to have the highest risks and returns. Select o
Mice21 [21]

Answer:

E. new restaurant

Explanation:

The entrepreneurial strategy matrix is a interesting model for the ongoing ventures an d the new ventures. It helps to identify the proper business strategies.

In the context, according to the entrepreneurial strategy matrix, a new restaurant is most likely to have a high risk and high returns as there is a lot of competition and rivalries in the restaurant industry in the market. Many people already have their favorite restaurant and they prefer going to their favorite or their selected restaurant.

So there is a risk in setting up a new restaurant which requires large investments without properly studying the market. On the other hand if a new restaurant manages to serve some really tasty and hygiene food to their customers, customers will prefer coming to this restaurant and this in turn will provide huge returns to the owners.

6 0
2 years ago
Company A has a beta of 0.70, while Company B's beta is 1.20. The required return on the stock market is 11.00%, and the risk-fr
nikdorinn [45]

Answer:

e) 3.38%

Explanation:

In this question, we apply the Capital Asset Pricing Model (CAPM) formula which is shown below

Required rate of return  = Risk-free rate of return + Beta × (Market rate of return - Risk-free rate of return)

For A

= 4.25% + 0.70 × (11.00% - 4.25%)

= 4.25% + 0.70 × 6.75%

= 4.25% + 4.725%

= 8.975%

For B

= 4.25% + 1.20 × (11.00% - 4.25%)

= 4.25% + 1.20× 6.75%

= 4.25% + 8.1%

= 12.35%

So, the difference would be

=  12.35% - 8.975%

= 3.375%

The (Market rate of return - Risk-free rate of return)  is also known as market risk premium

7 0
3 years ago
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