Answer:
3.44 percent
Explanation:
Required return = Dividend yield + growth rate
Dividend yield = Required return - growth rate
= 11.65% - 8.21%
= 3.44%
Therefore, The dividend yield is 3.44%
Answer:
Insurance expense amount is $500
Prepaid insurance amount is $7,000
Explanation:
The prepaid insurance amounts to $300, on March 31, before the adjustment, that represents the remaining portion of the policy before the renewal. And this amount must have expired by the March 31, as there is only a single insurance policy and which will be renewed on March 1.
The $300 is involves in the insurance expense for the 3 months that ended on March 31, and in addition, 1 month coverage is there.
Therefore, amount of $200 ($7,200/ 36 months), which is involves in the insurance expense for the 3 months. In aggregate $500 of the insurance expense is acknowledged.
Prepaid insurance left out balance on March 31, is $7,000 ($7,200 - $200).
Answer:
Either because they are in high demand or are advertised well
Explanation:
Answer:
Jonah earned $165.51 in commission
Explanation:
add all of jonah's sales together and multiple them by .09
Answer:
$91.125 million
Explanation:
Data provided in the question:
The Recent stock price of Company ABC = $11.25
Number of shares of common stock outstanding = 8.1 million
Now,
The market capitalization of Company ABC
= stock price × Number of shares of common stock outstanding
or
The market capitalization of Company ABC = $11.25 × 8.1 million
or
The market capitalization of Company ABC = $91.125 million
