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skelet666 [1.2K]
3 years ago
10

Suppose a stock had an initial price of $92 per share, paid a dividend of $2.30 per share during the year, and had an ending sha

re price of $75.50. a. Compute the percentage total return. (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) b. What was the dividend yield
Business
1 answer:
RUDIKE [14]3 years ago
7 0

Answer:

(a) Percentage return = -$14.20 ÷ $92 = -15.43%

(b) Dividend Yield = $2.30 ÷ $92 = 2.50%

Explanation:

Initial price per share= $92.00

Ending share price = $75.50

Capital loss = $75.50 - $92.00  = -$16.50

Dividend = $2.30

Net return = -$16.50 + $2.30 = -$14.20

(a) Percentage return = (-$14.20 ÷ $92) × 100% = -15.43%

(b) Dividend Yield = ($2.30 ÷ $92) × 100% = 2.50%

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Define the limits of the principle of commonality in regards to individuals, government, and corporations.
Mandarinka [93]

Answer:

The answer is below

Explanation:

Given that principle of commonality deals with things that are generally good or beneficial to the whole society regardless of time, space, and cultures. For example, education. However, there are some limitations to the principle of commonality, in relations to government, corporations, and individuals, such as:

1.  Lawful subordination: often, corporations are compelled to carry out their activities in a certain way, otherwise they will be sanctioned heavily. This can also be applied to individuals and governments when it comes to making decisions that need approval based on established laws and legal procedures.

2.  Economic power: for most common goods that are considered beneficial to society are often capital intensive. Be either corporation, government, or individuals, need a good amount of capital to facilitate necessarily sustainable advancement.

6 0
4 years ago
Q 17.1: ________ is not considered a step in activity-based costing.
Ierofanga [76]
Identifying a single overhead rate as the predetermined overhead rate (b)
3 0
4 years ago
In order for a business to be really successful,
poizon [28]

it would be a as a team I hope this helps

3 0
2 years ago
A person puts $100.00 into a savings account with 2.4% annual interest rate (computed continuously). The value of such an invest
andre [41]

Answer:

It will take up to 3 years for the total interest to exceed $5.00

Explanation:

The future value of an investment whose interest is compounded continuously can be expressed as;

A=P e^(rt)

where;

A=future value of the investment

P=initial value of investment

r=annual interest rate

t=number of years

In our case;

A=Initial value+interest=(100+5)=$105

P=$100

r=2.4%=2.4/100=0.024

t=unknown

replacing;

105=100 e^(0.024 t)

e^(0.024 t)=105/100

e^(0.024 t)=1.05

ln {e^(0.024t)}=ln 1.05

0.024 t ln e=ln 1.05

but ln e=1

0.024 t=ln 1.05

t=ln 1.05/0.024

t=2.03 years rounded up=3 year

It will take up to 3 years for the total interest to exceed $5.00

4 0
4 years ago
Aharon exercises 10 stock options awarded several years ago. The following information pertains to the options: (1) each option
ira [324]

Answer: Cost to purchase the options on the exercise date = $1000

Explanation:

Given:

Stock options awarded = 10

Right to buy shares = 10

Exercise price = $10

We'll compute the cost as follow:

Cost to purchase the options on the exercise date = Stock options awarded × Right to buy shares × Exercise price

Cost to purchase the options on the exercise date = 10×10×10

Cost to purchase the options on the exercise date = $1000

<u><em>Therefore, the correct option is (d)</em></u>

6 0
4 years ago
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