Answer:
a. October 4th
b. November 15th 2019
c. November 14th 2019.
d. December 13th, 2019 (Note: This is assumed based on the explanation below as it is not specifically stated in the question).
Explanation:
a. What date is the declaration date?
The declaration date is the date the announcement to pay the next dividend is made by the board of directors of a company. In this case, the declaration date is October 4th, 2019.
b. What date is the holder of record date?
The holder of record date refers to the cut-off date set by a company to ascertain the eligible shareholders that will receive the next dividend payment. In this case, the holder of record date is November 15th 2019.
c. What date is the ex-dividend date?
The ex-dividend date refers to date that a seller of stock is still eligible to receive dividend despite that the stock has already been sold to a by him. This is because it is the person that hold the security on the ex dividend date that will receive the dividend payment not the holder on the payment date. Generally, ex-dividend date is usually one business day before the record date. In this case,he ex-dividend date is November 14th 2019.
d. What date is the payment date?
The payment date refers to the actual day that eligible shareholders are paid the declared dividend by the company. It is usually a few weeks or month after the ex-dividend date. If we assumed to be a month, the payment date would be December 13th, 2019.
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Answer:
Cost of goods purchased= $2,350,000
Explanation:
Giving the following information:
Beginning inventory 2006= ending inventory 2005= $200,000
Ending inventory 2006= $350,000
COGS 2006= $2,200,000
<u>To calculate the purchases for 2006, we need to use the following formula:</u>
COGS= beginning finished inventory + cost of goods purchased - ending finished inventory
2,200,000 = 200,000 + cost of goods purchased - 350,000
2,200,000 - 200,000 + 350,000 = cost of goods purchased
cost of goods purchased= $2,350,000
Answer: 3.8%
Explanation:
To calculate this you can use the Economic Growth Formula because price change is one of the components of the equation and as you may know, inflation is the change in Prices from one period to the next.
The Equation is,
Economic Growth = % Δ Nominal GDP – % Δ Prices – % Δ Population.
Making % Δ Prices the subject gives,
% Δ Prices = - Economic growth + % Δ Nominal GDP - % Δ Population
= - (- 1.4%) + 3.1% - 0.7%
= 1.4% + 3.1% - 0.7%
= 3.8%
The inflation rate is therefore 3.8%
