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Elan Coil [88]
3 years ago
12

Monmouth Laboratories, Inc. pays a $3.29 dividend every year and will maintain this policy forever. What price should you pay fo

r one share of common tock
Business
1 answer:
Kitty [74]3 years ago
5 0

Answer:

That is a personal choice depending on how the company is doing and how much you are likley to learn from dividends

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Griffins Goat Farm, Inc., has sales of $667,000, costs of $329,000, depreciation expense of $73,000, interest expense of $46,500
rjkz [21]

Answer and Explanation:

The computation of the earnings and dividend per share is shown below;

But before that the net income should be determined

Sales   667000  

Less: Costs  329000  

Income before depreciation, interest and taxes 338000  

Less: Depreciation expenses 73000  

Operating income 265000  

Less: Interest expenses 46500  

Income before tax 218500  

Less: Tax  at  25% 54625  

Net income 163875  

a Earning per share = Net income ÷ Outstanding Common stock  

= $163,875 ÷ 27200  

= $6.02 per share

b Dividend per share = Dividend paid ÷ Outstanding Common stock  

= $47000 ÷ 27200    

= $1.73 per share

4 0
3 years ago
A __ is usually one of the first things a prospective employer sees when you apply for a job, so it is important to highlight yo
butalik [34]

Answer:

A place where they can work

6 0
3 years ago
How do you wheeze?becasue im lost
emmasim [6.3K]

Answer:

whistling sound happens when air moves through narrowed airways, much like the way a whistle or flute makes music.

3 0
3 years ago
The double-entry principle in the balance-of-payments
Sliva [168]

Answer:

The Current account is for goods and services.

The Financial account is for exchange of currencies and financial assets across countries.

Miguel, a U.S. resident, buys an HDTV set for  $2,500 and sends it to Mexico as a gift to his parents. <u>DEBIT CURRENT ACCOUNT. CREDIT CURRENT ACCOUNT. </u>

Miguel buys the good in the U.S. and then sends it so this falls under the current account alone.

Arielle, a French tourist, stays at a hotel in San  Francisco and pays $400 for it with her debit  card issued by a French bank. <u>DEBIT FINANCIAL ACCOUNT. CREDIT CURRENT ACCOUNT. </u>

The Financial account should be debited to show that currency is coming into the U.S. from outside the country and current account should be credited for services rendered.

A U.S. computer manufacturer purchases hard  drives from a Korean company, paying the funds  from its bank account in Korea. <u>DEBIT CURRENT ACCOUNT. CREDIT FINANCIAL ACCOUNT. </u>

Current account should be debited to reflect that goods are coming into the country but the financial account should be credited to show that currency is leaving the ownership of an American entity so it is passing out of American hands.

3 0
3 years ago
The _____ frame of an organization focuses on providing harmony between the needs of the organization and the needs of people.
earnstyle [38]

Answer:

The correct answer is: human resources.

Explanation:

The Human Resources (<em>HR</em>) department is in charge of recruiting and selecting new personnel with the characteristics and profile the organization is looking for. Besides, the HR role is to provide employees the sources necessary so they can perform their duties in a proper environment within the firm.

3 0
3 years ago
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