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
Elena L [17]
4 years ago
14

The Lost Continent Store pays a constant dividend. Last year, the dividend yield was 5.75 percent when the stock was selling for

$67.5 a share. What must the stock price be today if the market currently requires a 5.25 percent dividend yield on this stock?
Business
1 answer:
lozanna [386]4 years ago
3 0

Answer:

The stock price today must be $73.92

Explanation:

Price last year = $67.5  

Dividend yield = 5.75%  

Dividend yield = Dividend / Price of the stock

Dividend = Dividend yield * Price of the stock

Therefore,  dividend for last year = 67.5*5.75% = 3.8813

Dividend yield for now = 5.25%

Therefore price today = Dividend for last year / Dividend yield for now

= 3.8813 / 5.25%

= 73.9295

=$73.92

You might be interested in
Diversification is important and investing because
Lelechka [254]
You don't want all of your eggs in one basket. If one stock and/sector of the market sinks, hopefully it will be offset by your diversification.
6 0
3 years ago
Job enrichment differs from job rotation in that job enrichment Select one: a. empowers workers by adding more decision-making a
pychu [463]

Answer:

a. empowers workers by adding more decision-making authority to their jobs.

Explanation:

Job enrichment differs from job rotation in that job enrichment empowers workers by adding more decision-making authority to their jobs.

Job enrichment can be defined as a strategic approach or technique adopted by organizations, which typically involves the process of adding more authority, dimensions and responsibility to the job of an employee in order to get them motivated and induce greater satisfaction. For example, an employee whose job description is to stock shelves, could be enriched to take customer orders, incoming inventory and closing sales.

On the other hand, job rotation can be defined as the process in which employees are shifted or moved from one job function to another at regular intervals in order to boost their knowledge, skills and experience.

4 0
4 years ago
Malmedy Corporation uses the FIFO method in its process costing system. The following data pertain to operations in the first pr
klasskru [66]

Answer:

beginning WIP                800

Question: which are the physical units in the beginning work in process inventory?

Explanation:

The beginning WIP and the started and completed untis will be the total transferred units.

<u><em>We first, solve for the start and completed: </em></u>

Unit Stated                     25,200

Ending WIP(incomplete)<u>  2,000   </u>

start and complete        23,200

<em><u>Now, we solve for the WIP: </u></em>

<em><u /></em>

Transferred units      24,000

start and complete<u>  (23,200)  </u>

beginning WIP                800

7 0
3 years ago
In the long run for a competitive firm,
Andrei [34K]

Answer:

The correct answer is letter "C": the firm is at the bottom of its short run average cost curve.

Explanation:

Competitive firms are companies that accept the equilibrium price of a given good or service within a market. If they try to raise the price, they will not be able to sell their products. It is said that <em>in the long term a competitive firm is at the bottom of its short-run average cost curve because it portraits the most efficient level of production</em>. That curve shows the optimal least-cost input combination for producing output.

8 0
3 years ago
From the above schedule of activity costs, determine the internal failure costs.
irina1246 [14]
I think so this is your holiday homework and teachers are thinking that you are doing your self
6 0
3 years ago
Other questions:
  • A company uses radio frequency identification (RFID) tags to keep track of its inventory. This is an example of the impact of te
    8·1 answer
  • The preferred debt-to-income ratio is usually: A. 28 percent B. 36 percent C. 40 percent D. 50 percent
    6·1 answer
  • On December 1, 2008, Secure Company bought a 90-day forward contract to purchase 200,000 euros (€) at a forward rate of €1 = $1.
    9·1 answer
  • A trader sold short a cotton futures contract @ 76.12 cents per pound. The contract size is 50,000 pounds. How much does the tra
    8·1 answer
  • An account becomes uncollectible a.when an account receivable is converted into a note receivable b.There is no general rule for
    6·1 answer
  • Canniff Air uses two measures of activity, flights and passengers, in the cost formulas in its budgets and performance reports.
    15·1 answer
  • Theresa, a cash basis taxpayer, purchased a bond on July 1, 2013, for $10,000, plus $400 of accrued interest. The bond paid $800
    11·1 answer
  • Jmes Graham Manufacturing is a small manufacturer that uses machine-hours as its
    8·1 answer
  • Marriott has branded its entire family of accommodations based on different value propositions, supported by clearly delineated
    10·1 answer
  • In a closed economy, what remains after paying for consumption and government purchases is:________
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!