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
Arlecino [84]
4 years ago
5

Ginger, Inc., has declared a $6.30 per share dividend. Suppose capital gains are not taxed, but dividends are taxed at 20 percen

t. New IRS regulations require that taxes be withheld at the time the dividend is paid. The company's stock sells for $94.45 per share, and the stock is about to go ex dividend. What do you think the ex-dividend price will be
Business
1 answer:
k0ka [10]4 years ago
6 0

Answer: $89.41

Explanation:

In the stock market, the price is a stock on its ex dividend date is usually marked down by it's amount of dividend. Eg, if a stick trades at $5 and declares a $1 dividend, the stock will be sold at $4.

In the above scenario we'd have to account for tax in the formula so this is what it will look like,

Ex Dividend Price = Pre dividend Price - Cash dividend Payment

= $94.45 - $6.3 x (1 - 0.2)

= $94.45 - $5.04

= $ 89.41

The Ex dividend Price is $89.41

If you need any clarification do react or comment.

You might be interested in
Changes in the equilibrium interest rate will Group of answer choices . affect both the size of the domestic output and the allo
vodomira [7]

Answer:

Changes in the equilibrium interest rate

  • affects both the size of the domestic output and the allocation of capital goods among industries.

Explanation:

Changes in interest rates affects the demand for goods and services and, thus, aggregate investment spending. A decrease in interest rates lowers the cost of borrowing, which encourages industries to increase investment spending.  

The aggregate demand is determined by consumption demand and investment demand. When the rate of interest falls the level of investment increases and vice versa

An increase in the equilibrium interest rate affects demand for money. This increase in demand raises the equilibrium interest rate.

Households and businesses then try to decrease their cash holdings by purchasing bonds affecting both the size of the domestic output and the allocation of capital goods among industries.

The equilibrium interest rate changes with the economy and monetary policy.

6 0
3 years ago
Why did thousands of russians citizens march on st. petersburg in 1905?
Elina [12.6K]
<span>they marched to demand better working conditions,more personal freedoms, and greater representation in government.</span>
3 0
3 years ago
Being less dependent on suppliers and making profits on both parts and the final product are advantages of:_______.
LenKa [72]

Answer: Vertical integration

Explanation:

vertical integration is simply a situation whereby an organization's or company's supply chain is owned by that organization or company.

Therefore, being less dependent on suppliers and making profits on both parts and the final product are advantages of vertical integration.

4 0
3 years ago
Sugarcane is vulnerable to the cane beetle, which can substantially reduce crop yields. Suppose that a new beetle‑resistant spec
Vanyuwa [196]

Answer:(1) Decrease (2) Increase (3) Decrease (4) Decrease (5) Not chanhe

Explanation: This tries to describe a free market economy,where price, quantity demanded and quantity supplied are influenced by the market forces. The improved productivity of the Sugarcane which is a major raw material for sugar production is increased,the cost of production of Sugarcane will decrease as productivity increases,the quantity supplied to the market will increase leading to decreased price for all sugar value chain. The price for Honey a sweetener will also decrease responding the increased demand for sugar but the price for textile will not change because it is not a substitute for sugar.

5 0
3 years ago
When is it permissible for a broker to maintain the broker's own funds in a designated trust or escrow account?
melomori [17]

The period when it is permissible for a broker to maintain the broker's own funds in a designated trust or escrow account is when the funds are clearly identified as the broker's deposit and only for specific purposes, such as paying bank fees or maintaining a minimum balance in accord with the bank's policies.

<h3>Who is a broker?</h3>

It should be noted that a broker is a person who arranges transactions between a buyer and a seller for a commission when the deal is executed. The person also acts as a seller or as a buyer becomes a principal party to the deal.

In this case, the period when it is permissible for a broker to maintain the broker's own funds in a designated trust or escrow account is when the funds are clearly identified as the broker's deposit and only for specific purposes, such as paying bank fees or maintaining a minimum balance in accord with the bank's policies

Learn more about broker on:

brainly.com/question/6304438

#SPJ4

5 0
2 years ago
Other questions:
  • Shiva returns goods worth Rs.2000 and received cash Rs.8000 ?​
    11·1 answer
  • The next model of a sports car will cost 12.6% less than the current model. the current model costs $31,000 . how much will the
    11·1 answer
  • Achieving high product quality lowers operating costs because of the effect of quality on:___________.
    11·1 answer
  • Nick left his job as a plumber when his wife took a position in another region. The quantity of plumbing services demanded is co
    6·1 answer
  • Savant Homes, Inc., is a custom home designer and builder. Using what it called the Anders Plan, Savant built a model house in W
    7·1 answer
  • Whenever the production of a good creates negative externalities, an unregulated market will result in:
    8·1 answer
  • Explain the meaning of “strong” currency and “weak” currency. what are the advantages and disadvantages of each?
    9·1 answer
  • Your sister turned 35 today, and she is planning to save $20,000 per year for retirement, with the first deposit to be made one
    7·1 answer
  • With _____, the emphasis is on helping the buyer realize the synergy of carrying all associated products of the same brand or ma
    14·1 answer
  • If you leave your job when should you notify a dso so that cpt can be removed from your record?
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!