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Alenkasestr [34]
3 years ago
14

One year ago, you purchased a stock at a price of $19 a share. You recently received an annual dividend of $1.2 a share. Today,

you sold the stock for $17 a share. What is your dividend yield on this investment?
Business
1 answer:
FromTheMoon [43]3 years ago
3 0

Answer:

6.32%

Explanation:

Data provided in the question

Purchase price of share = $19 per share

Annual dividend per share = $1.20

Selling price per share = $17 per share

So, by considering the above information

The formula and the dividend yield on this investment is shown below:

= (Annual Dividend per share) ÷ (Initial price per share) × 100

= $1.20 ÷ $19 × 100

= 6.32%

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On April 17, 2021, the Loadstone Mining Company purchased the rights to a coal mine. The purchase price plus additional costs ne
Setler79 [48]

Answer:

$1,464,000

Explanation:

The computation of the depletion expense is shown below:

Purchase price plus additional cost = $5,640,000

Extracted tons during four year period = 940,000 tons

Current year tons extracted = 244,000 tons

So,

Depletion expense = Purchase price plus additional cost ÷ extracted tons during four year period × current year tons extracted

= $5,640,000 ÷ 940,000 tons × 244,000 tons

= $1,464,000

7 0
3 years ago
do you think that free enterprise encourage entrepreneurship? does entrepreneurship promote economic change? explain
lukranit [14]
Free enterprise pretty much says that people can sell whatever they want at a price they choose to whoever wants to but it. Becacuse of this people wanted to go out and make their own businesses where they sold the goods or services they chose to. So yes, I believe free market inspired people to become euntrapenures. For the next question, yes as well. With the amount of people selling different things the economy became more diverse. 
6 0
3 years ago
Read 2 more answers
Which of the following information does a telemarketer likely have before he phones a potential customer?
-BARSIC- [3]

the answer to this question would have to be all of the above.

4 0
2 years ago
Read 2 more answers
A​ firm's marginal product of labor is 4 and its marginal product of capital is 5. If the firm adds one unit of labor but does n
marissa [1.9K]

Answer: C. use 0.8 fewer units of capital.

Explanation:

The Marginal Rate of Technical Substitution (MRTS) shows how much you can decrease capital or labor by in order to keep production constant if you increase either capital or labor.

It is calculated by the formula:

= Marginal product of labor  / Marginal product of capital

= 4 / 5

= 0.8

<em>The firm should use 0.8 fewer units of capital in order to maintain the same production level. </em>

7 0
3 years ago
T/F A company that uses tight cost controls is likely to use a low-cost leadership strategy.
VMariaS [17]
True, but may also be false depending on what "tight budget" that company wants.

Hope this helps!
8 0
3 years ago
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