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Aleks [24]
3 years ago
10

Westover Electric is preparing to pay its quarterly dividend of $2.20 a share this quarter. The stock closed at $57.70 a share t

oday. What will the ex-dividend stock price be if the relevant tax rate is 10 percent and all else is held constant
Business
1 answer:
Lorico [155]3 years ago
8 0

Answer:

$55.72

Explanation:

Data provided:

Quarterly dividend paid per share = $2.20

Closing share cost = $57.70 per share

Relevant tax rate = 10%

The dividend per share after the tax deduction

= (100% - 10%) × Quarterly dividend paid per share

= 0.9 × $2.20

= $1.98

Thus, the ex-dividend stock price

= Closing share cost - dividend per share after the tax deduction

= $57.70 - $1.98

= $55.72

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Which is a better method of job interview, structured or unstructured?​
Varvara68 [4.7K]

Answer:

stucturted

Explanation:

<h3>if you are not not planed  you might not get the job</h3>
3 0
3 years ago
According to liquidity preference theory, if there were a surplus of money, then A. the interest rate would be above equilibrium
Lorico [155]

Answer:

Choice A would be the right response to either the following statement.

Explanation:

  • This theory seems to be a hypothesis that implies that shareholders will seek a higher rate of return as well as premiums on high-term securities with significantly increased risk maturity since, if all other considerations are similar, investors choose cash and perhaps other extremely liquid assets.
  • Even if there is an excess of capital, the inflation rate would have been over stability, as well as the amount of money needed would have been too increasing for stability.

The other choices are not relevant to the situation in question. So choice A is the right one.

3 0
3 years ago
Say that Alland can produce 32 units of food per person per year or 16 units of clothing per person per year, but Georgeland can
Ierofanga [76]

The true statement out of all is

B) Georgeland has both an absolute and a comparative advantage in producing clothing.

Explanation:

This is because Absolute advantage is when one firm or a producer is able to produce more of a product using less resources or less time or more of the product in the same resources or same time as the other.

Comparative advantage is found out at the added bonus of having the product be as viable as it is advantageous which means that the producer could also be making another product and would have the advantage in that too so either one of them is equally profitable.

5 0
4 years ago
On December 30, 2001, you decided to bet on the January effect, a well-known empirical regularity in the stock market. On that d
Andreas93 [3]

Answer:

Explanation:

a). Total share amount = number of shares bought*price per share = 400 x 149 = 59,600

Initial margin requirement = 55% x 59,600 = 32,780 (This is the equity which you put up. The remainder will be the loan which the brokerage gives you.)

b). Loan amount = Total amount - equity = 59,600 - 32,780 = 26,820

Let the price at which margin call is received be P. Then,

(Market value of shares - loan amount)/market value of shares = maintenance margin

(400P - 26,820) / 400P = 30%

280P = 26,820

P = 95.79

When the share price falls below this price, you will receive a margin call.

7 0
3 years ago
Read 2 more answers
an accounting firm collected cash on account. as a result of this​ transaction, total​ assets, liabilities, and equity are all u
musickatia [10]

TRUE, an accounting firm collected cash on account. as a result of this​ transaction, total​ assets, liabilities, and equity are all unchanged.

A legal entity is a for-profit business organization that provides professional services, such as a corporation, limited liability company (LLC), or partnership.

A firm can be a company. B. A consumer goods store that offers physical products. It can also represent a service provider such as a hairdresser. The term company can refer to any for-profit business, but it is often used to describe businesses in specific industries such as law or accounting.

Companies are all kinds of businesses. Examples of companies include sole proprietorships, partnerships, limited liability companies, and corporations. The term is more commonly associated with partnerships.

Learn more about firm here:brainly.com/question/25491204
#SPJ4

6 0
2 years ago
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