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zhuklara [117]
4 years ago
13

Last year, Shadow Corporation's dividend on common stock was $9.90 per share and the dividend on preferred stock was $1.00 per s

hare. The market price of common stock at the end of the year was $68.10 per share. The dividend yield ratio is closest to
Business
1 answer:
vladimir1956 [14]4 years ago
7 0

Answer:

Dividend yield ratio = Dividend per share/Market price per share x  100

Dividend yield ratio = $9.90/$68.10 x 100

Dividend yield ratio = 14.54%

Explanation:

Dividend yield ratio is the relationship between dividend per share and market price per share.

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For effective internal control, the purchasing manager generally should:
grin007 [14]

Answer:

C) Be responsible for negotiating terms with vendors.

Explanation:

In order effective internal controls, different employees should have different roles in an organization, they should have segregated duties.

For example; an employee of the purchasing department is responsible for searching for new vendors that comply with the organization's requirements. The purchasing manager is responsible for negotiating the price of supplies and materials. The production department is responsible for requesting new supplies or materials. The finance department is responsible for writing down checks. The general manger signs the checks after reviewing supporting information.

6 0
3 years ago
Synovec Co. is growing quickly. Dividends are expected to grow at a rate of 20 percent for the next three years, with the growth
Grace [21]

Answer:

current share price is $71.05

Explanation:

given data

grow at a rate = 20 percent

time = 3 year

growth rate falling off = 8 percent

dividend = $1.45

solution

we get here price of the stock in Year 3 that is 1 year before the constant dividend growth that is

P(3) = D(3) × (1 + g) ÷ (R - g)  .............1

P(3) = D0 (1 + g1)³ × (1 + g2) ÷ (R - g)

P(3) = \frac{1.45\times 1.20^3 \times 1.08}{0.11-0.08}

P(3) = $90.206  

and

then price of the stock today is present value of first three dividends  + present value of the Year 3 stock price

so price of the stock today is

P(0) = \frac{1.45(1.20) }{1.11} + \frac{1.45(1.20)^2}{1.11^2} +\frac{1.45(1.20)63}{1.11^3} +\frac{90.2016}{1.11^3}    

P(0) = $71.05

4 0
3 years ago
which term describes an insured, a partner or an employee with custody of insured property outside the insured premises?
TiliK225 [7]

Answer:

THE CORRECT ANSWER IS

THE Messenger

GOOD LUCK

5 0
4 years ago
Read 2 more answers
Which of the following is a disadvantage of assembly lines
butalik [34]
The correct option is C.
The assembly line is a manufacturing process in which parts are added as the semi finished assembly as they move from workstation to workstation. The parts are added in sequence until all the parts are added. This type of production method is not suitable for production of small batches of products. 
6 0
3 years ago
Read 2 more answers
Before purchasing a car, John sought advice from his friends and researched auto reviews on the Internet. He also visited car de
noname [10]

Answer: b. external information search

Explanation: As majority of us are not experts on everything, in the external information search stage if the consumer decision-making process, one researches for products and services that can satisfy our needs and wants. This is the beginning of risk management where we access pros and cons while taking into account past experiences we have had.

External information search occurs when the buyer has no previous knowledge about a product, which then leads them to seek information from personal or public sources or marketer dominated sources especially when the buyer's previous experience is limited inefficient. During the information search, the options available to the buyer are either identified or clarified.

6 0
3 years ago
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