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Nezavi [6.7K]
3 years ago
6

A company declares a cash dividend that is 10% higher than the previous dividend rate. Prior to the announcement, the annual div

idend yield was 8% and the stock was trading at $25 per share. What is the new dividend payment amount per share?
A. $.45
B. $.50
C. $.55
D. $.60
Business
1 answer:
artcher [175]3 years ago
7 0

Answer:

The answer is C.

Explanation:

Before announcement, the annual dividend yield would be :

0.08 x $25

$2/year.

Now there is a 10% increase( is 10% higher than the previous dividend rate).

So, the new dividend payment amount per share:

1.1 x 2

$2.2/year.

Therefore, quarterly dividend payment amount per share will be $2.2/4

= $0.55 or $.55

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Answer:

Well there Hell to work with they think everything belongs to them and there just brats.

Explanation:

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3 years ago
What are two reasons for converting a document or record into a digitized format?
Rom4ik [11]
Main reasons are...

first it will become cheaper as we convert it into digital form.

second it will be available for everyone easily !
4 0
4 years ago
[30 PTS + BRAINLIEST]
saw5 [17]

Answer:

C

Explanation:

A farmer would want to look at the economic status of the US because his goal is to sell as much wheat as possible and make the most profit. If he pays no attention to the economy and there's a recession but he still sells his wheat at the normal price, people whose stocks are going down and who are losing money will be unable to, and unwilling to, pay the price. Thus, the farmer must inspect the changing economic statuses of the US to determine the best and most effective way to market out his wheat to the public.

Changes in US racial patterns have no impact on the marketing of the farmer's wheat, so A is incorrect.

The number of births per year is also irrelevant, as is the general population growth numbers because these do not affect the way the farmer will market his crops, so B and D are incorrect.

Hope this helps!

3 0
4 years ago
Read 2 more answers
Miller Mining acquired rights to a tract of land with the intent of extracting from the land a valuable mineral. The cost of the
ziro4ka [17]

Answer:

depletion expense recognize over the first year: 400,000 dollars

Explanation:

it cost 2,500,000 the right to extract 10,000 tons

To obtain therate we divide the cost over the expected tons of materials

rate per ton:  2,500,000 / 10,000 = 250 dollars

Now we calculate the depletion based on the amount extracted on the first year:

<em>first year extractions: </em>1,600 tons

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<em />

4 0
4 years ago
Which of the following measures indicates
igor_vitrenko [27]

Answer:

e). all of the above

<u>Multiple-choices</u>

a). working capital

b). current ratio

c). quick ratio

e). all of the above

Explanation:

Working Capital is the difference between the total current asset and current liabilities. I.e., working capital = total current assents - total current liabilities. It is calculated to assess a  company's ability to pay its current liabilities.

The Current Ratio is calculated using the formula below.

current ratio= total current assets / total current liabilities. It measures the company's ability to meet its current liabilities with its current assets.

Acid-test Ratio (Quick Ratio) evaluates a company's ability to meet its current liabilities using cash or cash equivalents only. It measures the ability to repay current debts without having to sell inventory.

Quick ratio or acid test is calculated as follows= (cash + short-term investments + receivables) / total current assets

5 0
3 years ago
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