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Hatshy [7]
3 years ago
6

Find the after-tax return to a corporation that buys a share of preferred stock at $50, sells it at year-end at $50, and receive

s a $5 year-end dividend. The firm is in the 30% tax bracket. (Round your answer to 2 decimal places.)
Business
1 answer:
enyata [817]3 years ago
5 0

Answer:

After tax Return is $3.50

After tax rate of return is 7.00%

Explanation:

Purchase Price = $50

Price at the end of the year = $50

Dividend Received =$5

Return on share = Dividend + Gain on share price

Return on share = $5 + ( $50 - $50 )

Return on share = $5 + $0

Return on share = $5

After tax return = $5 x ( 1 - 0.3 ) = $5 x 0.7 = $3.5

Rate of return on share = ( Total return / purchase price ) x 100

Rate of return on share = ( $3.5 / $50 ) x 100

Rate of return on share = 7%

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djverab [1.8K]

Answer:

The correct answer is b. household production, hygiene, and sanitation.

Explanation:

The eras that Carole Vickers explain are

Era one (1900-1930) focused on household production, hygiene, and sanitation.

Era two (1940- early 1950) focused on household equipment and task management.

Era three (1950-1960) focused on values and decision-making.

Era four (1900-1930s) focused on the systems approach to quality management.

4 0
3 years ago
An invoice is an example of which of the following?
Scilla [17]

A source document

This document, when coupled with a bill of lading and/or packing list, can be used to invoice a customer, which in turn generates a sale transaction. Supplier invoice. This is a source document that supports the issuance of a cash, check, or electronic payment to a supplier.

8 0
3 years ago
Consider the production department of a manufacturer of laptop computers. Classify the cost of the factory maintenance manager's
Alisiya [41]

Answer:

c. Indirect

d. Fixed

f. Product

Explanation:

Cost of the factory maintenance manager's salary is a manufacturing cost. However, this manufacturing cost is an Indirect and fixed cost. Manufacturing costs are Product costs whereas Non-Manufacturing costs are Period Costs

8 0
2 years ago
Why do we need resources?
Vesna [10]

Answer:

we need resources because they are important for the development of the country.

false

human resources can be categorized into three groups

resource- a natural source of wealth or revenue

false

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true (I think)

false

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banks

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5 0
3 years ago
Suppose that over the last twenty-five years a country's nominal GDP grew to three times its former size. In the meantime, popul
frez [133]

Answer:

B. It increased, but it less than doubled

Explanation:

Real GDP per person is defined as the total economic output divided by the total number of people. It is used in roughly indicating the standard of living.

An increased in the nominal GDP 3 times its formal will lead to a proportionate increase in the GDP per person statistics. But I was a noted that there was a 100% increase in population, meaning that population doubled. This indicates that the GDP per person increased but it less than double because of the population doubling in that period of time.

7 0
3 years ago
Read 2 more answers
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