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
Umnica [9.8K]
3 years ago
6

You expect a share of EconNews.Com to sell for $65 a year from now. If you are willing to pay $65.74 for one share of the stock

today, and you require a return of 8%, what dividend payment must you expect to receive from the stock?
Business
1 answer:
iogann1982 [59]3 years ago
6 0

Answer:

dividend payment = $6

Explanation:

given data

sell = $65

pay = $65.74

require a return =  8%

solution

we will use here present value formula that is express as

current stock price ( present value ) = \frac{future\ value}{1 + rate}  ........................1

$65.74 = \frac{65+d}{1+0.08}

here d is dividend

solve it we get

d = $6.00

so dividend payment = $6

You might be interested in
PEZ Candy Inc. produces the popular small candy that is dispensed in collectible flip-top dispensers. In the United States, PEZ
aleksandrvk [35]

Answer:

PEZ Candy Inc.

1. PEZ Candy Inc. would be more likely to use process costing for the manufacture of its PEZ candies.

The reason is that the manufacturing of candies involves continuous processing of materials that results into candies.  The processes are not customizable for separate orders.

2. PEZ Candy Inc. would incur these types of costs in the manufacture of its PEZ candies:

a. Direct material = sugar

b. Direct labor = wages of factory workers

c. Manufacturing overhead = utilities expenses

i. indirect materials = cleaning supplies

ii. indirect labor = factory supervisor's salary

iii. other manufacturing overhead = depreciation expense of factory equipment

3. PEZ Candy Inc. would be more likely to use job costing to calculate the cost of one particular birthday party hosted at the PEZ Visitor Center.  The reason is that it is a specific event.  It does not involve a continuous process.

Explanation:

a) Data and Calculations:

Materials for PEZ candy include:

Direct materials:

Sugar (95%)

Fruit flavoring

Coloring

Corn syrup

Product = PEZ candies

Services: customized birthday parties

6 0
3 years ago
McConnell Corporation has bonds on the market with 14.5 years to maturity, a YTM of 5.3 percent, a par value of $1,000, and a cu
creativ13 [48]

Answer:

5.75%

Explanation:

First, find the coupon payment amount . Using a financial calculator, key in the following inputs for this the bond valuation.

<em>Note: Make adjustment on the rate and time since the coupon payments are made semi-annually i.e 2 times a year</em>.

Maturity of the bond ; N = 14.5*2 = 29

Semi-annual rate ; I/Y = (5.3%/2) = 2.65%

Face value ; FV = 1000

Price of the bond or PV = -1045

then compute semiannual coupon payment ;  CPT PMT = $28.743

Annual coupon rate is therefore = $28.743*2 = $57.486

Coupon rate = coupon payment / face value

Coupon rate = $57.486 / 1000

= 0.05749 or 5.75%

8 0
3 years ago
Turner, Roth, and Lowe are partners who share income and loss in a 2:3:5 ratio (in percents: Turner, 20%; Roth, 30%; and Lowe, 5
solong [7]

Answer:

The capital deficiency of $33,000 will be shared between Turner and Roth in the proportion of their income and loss sharing ratio of 2:3.

Turner will need to further contribute $13,200 ($33,000 x 2/5)

Roth will contribute $19,800 ($33,000 x 3/5)

Lowe is a limited partner and will not contribute to the capital deficiency.

Explanation:

Lowe as a limited partner is a part-owner of the partnership but his liability for the firm's debts cannot exceed $32,000 being the amount that has invested in the company.  As a silent partner, Lowe does not participate in the management of the company.

The Limited Partnership of Turner, Roth, and Lowe is a partnership consisting of general partner(s) like Turner and Roth, who manage the business and have unlimited personal liabilities for the debts and obligations of the Limited Partnership and Lowe as the limited partner.  Whereas, Turner and Roth are in charge of the management of the company, Lowe is a silent partner.

5 0
3 years ago
in the course of creating an effective business message, excellent business thinkers are most likely to quizlet
Dmitry_Shevchenko [17]

In the course of creating an effective business message, excellent business thinkers are most likely to: identify and articulate key questions and problems.

<h3>What is a business strategy?</h3>

A business strategy can be defined as a set of guiding principles, actions, policies, and decisions that a business organization strategically combines, so as to successfully achieve its goals, objectives, attract potential customers and possess a competitive advantage over its rivals in the industry.

<h3>The types of business strategy.</h3>

Generally, there are four (4) main types of business strategy and these include the following:

  1. Organizational (Corporate) strategy.
  2. Business (Competitive) strategy.
  3. Functional strategy.
  4. Operating strategy.

In Business management, it is very important for excellent business thinkers to identify and articulate key business questions and problems that have the potential of affecting a business.

Read more on business strategy here: brainly.com/question/17130109

#SPJ1

Complete Question:

In the course of creating an effective business message, excellent business thinkers are most likely to Multiple Choice

begin jotting down a rough draft right away to capture their ideas.

encourage one-way linear thinking and a rigid approach to business problems.

avoid using the other-oriented tone in their text.

identify and articulate key questions and problems.

make well-reasoned conclusions and solutions

6 0
1 year ago
What is the name of the document that companies use to report quarterly financial results?.
Fynjy0 [20]

Answer:

 Form 10-Q

Explanation:

5 0
2 years ago
Other questions:
  • Elijah is a warehouse production manager and has been assigned a complex project that might result in lengthy delays. in order t
    9·1 answer
  • Will Andrew's profession as an architect lower his tax liability? A. Yes; an employee's profession determines their tax bracket
    8·1 answer
  • Waupaca Company establishes a $400 petty cash fund on September 9. On September 30, the fund shows $122 in cash along with recei
    14·1 answer
  • Another word used to describe market economies is
    7·1 answer
  • A state employees' pension fund invested a total of one million dollars in two accounts that earned 3.5% and 4.5% annual simple
    12·1 answer
  • The long run is best defined as a time period during which at least one input cannot be changed. during which all inputs can be
    10·1 answer
  • urrently, the unit selling price of a product is $260, the unit variable cost is $210, and the total fixed costs are $640,000. A
    6·1 answer
  • On January 1, 2017, Grand Haven, Inc., reports net assets of $945,300 although equipment (with a four-year remaining life) havin
    5·1 answer
  • QS 6-6 Petty cash accounting LO P2 1. Brooks Agency set up a petty cash fund for $150. At the end of the current period, the fun
    8·1 answer
  • Some states and localities are drafting legislation to reduce the number of payday loans that a lender can provide within a year
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!