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
jenyasd209 [6]
3 years ago
11

A company reports basic earnings per share of $5.10, cash dividends per share of $2.05, and a market price per share of $65.55.

The company's dividend yield equals:
Business
2 answers:
Radda [10]3 years ago
6 0

Answer:

3.13%

Explanation:

The dividend yield refers to the payment by a company to its shareholders for their shareholding divided by current stock price of the company. This is usually expressed as a percentage and can be calculated for this question as follows:

Dividend yield = Dividends per share (DPS) ÷ Market price per share (MPS) = $2.05 ÷ $65.55 = 0.0313, or 3.13%.  

algol [13]3 years ago
3 0

Answer:

<u>The company's dividend yield equals: 3.13%</u>

Explanation:

Let's recall the formula of the dividend yield:

Dividend yield = Annual dividend/Current stock price

Replacing with the values provided, we have:

Dividend yield = 2.05/65.55

Dividend yield = 0.0313

<u>Dividend yield = 3.13%</u>

Interpretation:

Dividend yield is a way to compare the level of attractiveness of any dividend-paying stock. It shows an investor the yield he/she can expect on an annual basis by purchasing a stock.

You might be interested in
The following information relates to a company's defined benefit pension plan at December 31:Accumulated benefit obligation1,035
lawyer [7]

Answer:

B.$513,000

Explanation:

The pension liability of a company as at December 31, is to be calculated in the following manner:

Pension liability=Projected benefit obligation-Plan Assets(fair value)

                           =1,250,000-737,000

                           =$513,000

So based on the above discussion, the answer is B.$513,000

7 0
3 years ago
Turkey Corp., a cash basis calendar year C corporation in Savannah, Georgia, has $100,000 of accounts receivable on the date of
Viefleur [7K]

Answer:

The correct answer is $24,500.

Explanation:

According to the scenario, the given data are as follows:

Total Account receivable = $100,000

Amount collected = $70,000

So, if there is sufficient taxable income, then assume tax rate to be 35%.

So, we can calculate the Gains tax by using following formula:

Gain tax = Amount collected × Tax rate

By putting the value, we get

Gain tax = $70,000 × 35%

= $24,500.

5 0
3 years ago
Mathrans, a textile firm, wants to hire two costume designers for a new movie project. To precisely determine the future job per
irga5000 [103]

Answer:

<u>Validation</u>

Explanation:

The validation process occurs when an organization needs to know the skills and performances of some job seekers. Through a test with selected measures, such as construction measures, content and criteria, it is possible for the company to know and predict if a candidate is able to perform the tasks assigned to the position he is running.

7 0
3 years ago
6. What do you pay for a twelve-ounce can? What are the real social costs of producing a can of Coke – in terms of water, power
VladimirAG [237]

Answer and Explanation:

To pay for a twelve ounce can it costs between 50 cents to a dollar. The social costs of producing a can coke, in which 9 liters of fresh water is used which effects fresh water supply on earth due to its contamination. The cost of making coke :costs more higher, where it has to maintain its employees, buildings, its road transportation, garbage disposal, and many more. People who are living near the coke plant building pays all these costs, and all people pays a equal part as it is taking from earth.

4 0
3 years ago
June Corp. sells one product and uses a perpetual inventory system. The beginning inventory consisted of 80 units that cost $20
inn [45]

Answer: 200 units

Explanation:

Beginning inventory                                      80 units.

Company Purchases                                     <u>480 units</u>

Total                                                                560 units

Sales                                                               <u>(360 units)</u>

Ending Inventory                                            200 units

200 units remain in Ending inventory.

7 0
2 years ago
Other questions:
  • 11. Assume that somehow, Andy managed to get that loan from a bank officer whith whom he went to school. But instead of using it
    14·1 answer
  • Shamrock Shades operates in mall kiosks throughout the southwestern United States. Shamrock purchases sunglasses from bulk disco
    14·1 answer
  • The sales tax rate is 7.4 find the tax paid for a pair of shoes with of list price of 93
    5·1 answer
  • An active worker receives $500 every two weeks. This kind of monetary reward for work is called ______. a. compensation b. incen
    9·2 answers
  • When banks borrow and lend reserves in the federal funds market,
    13·1 answer
  • Which situation best describes the role of businesse in the circular flow of goods
    9·1 answer
  • 5. Todd has his home and personal property insured under a Homeowners 3 (special form) policy. The dwelling is insured for $120,
    5·2 answers
  • At Bargain Electronics, it costs $30 per unit ($20 variable and $10 fixed) to make an MP3 player at full capacity that normally
    5·1 answer
  • The threat of lawsuits has caused some drug companies not to manufacture certain types of vaccines. What type of risk management
    9·1 answer
  • HELP IM TIMED!!!!!!!!!
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!