Answer: 2 Acres
Explanation:
All 3 residents of the town have agreed to split the cost of building the park equally. The cost is $24 so equally would be,
= 24/3
= $8
Each of them would have to pay $8.
If the cost per person is $8, how much will each person vote for.
Referring to the table;
Cedric will vote No for all acres because the $8 passes the amount Cedric is willing to pay for any size of Acre.
The majority vote can still be carried if the other 2 vote yes.
Sophia will not vote yes for anything more than 2 acres because Sophia's willingness to pay at $8 is for 2 acres alone.
At 2 acres, Amber's willingness to pay is $18 so Amber will vote yes as well.
Therefore if the majority vote is to be carried then the amount of acres should be 2.
Answer:
Post split Shares: 800,000
Post split par value: $0.25
Explanation:
Stock split seeks to increase the number of shares available for trading on the exchange thus increasing the liquidity. Stock split of 4 for 1 increases the shares by 4 times e.g. every holder of 1 share will receive total of 4 new shares. Thus the shares will increase to 4 times: (200,000 * 4) = 800,000.
Post split share price is calculated by dividing par value to the proposed split.
($1 / 4) = $0.25 per share.
Answer:
2.50%
Explanation:
The dividend yield can be computed by dividing annual dividend by share price. As the dividend is not given in the question, we will find the dividend first by the required return formula and then divide it by share price in order to calculate the yield.
DATA
Annual dividend =?
Growth rate = 6.6%
Share price = $73
Required return = 0.1%
Solution
Required return = (D1/price) + growth rate
0.091 = (D1 / 73) + 0.066
0.025 = D1 / 73
D1 = 1.825
Dividend yield = (D1 / price) * 100
Dividend yield = (1.825 / 73) * 100
Dividend yield = 2.50%
It’s usually when you get bloated and stomach gets a littler bigger
Answer: A. It allows law enforcement to explain why probable
cause exists to arrest someone.
Explanation:
