Answer: See explanation
Explanation:
Sales price = $77.50
Add: Dividend = $2.70
Less: Purchase price = $96
Dollar return = -$15.80
a. Compute the percentage total return.
= Dollar return / Purchase price
= -15.80 / 96
= -0.1646
= -16.46%
b. What was the dividend yield?
= Dividend / Purchase price
= 2.70 / 96
= 0.0281
= 2.81%
c. What was the capital gains yield?
= -16.46% - 2.81%
= -19.27%
Answer:
a). True
Explanation:
<u>The given statement asserts a true claim that the job structure of an organization comprises of corresponding pay scales for the different employees performing different activities and functions according to the levels of authority or leadership they have been provided</u>. The job structure is the aspect that establishes the hierarchy or of various ranks and positions in which the company is organized to aptly manage the running of the business and its associated activities successfully and efficiently. Thus, the statement is <u>true</u>.
Answer:
$69,000
Explanation:
Percentage of shares owned by ABC in Teal's company = 30%
This is an example of equity method investment , and a portion of the attributable income at the end of the year is earned and added to the initial stock.
Attributable income is the remaining income after dividends have been settled.
<u>Workings</u>
The opening carrying value of the shares on ABC balance sheet = 60,000
Profit made at the end of the period = 40,000
Dividends paid = 10,000
Attributable income to share holders = 40000-10000 = 30,000
ABC portion of attributable profit = 30000*30% = 9,000
Carrying value at the end of the year = opening carrying value + portion of the attributable profit
=60000+9000=69000
