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dem82 [27]
3 years ago
12

Suppose a stock had an initial price of $58 per share, paid a dividend of $1.90 per share during the year, and had an ending sha

re price of $68. What was the dividend yield and the capital gains yield
Business
1 answer:
posledela3 years ago
4 0

Answer: Dividend yield is 3.3%

Capital gains yield is 17.24%

Explanation:

Dividend yield is given as the ratio of annual dividend per share and stock's price per share.

Dividend per share = $1.9

Share price = $58

Dividend yield = 1.9/58 = 0.033 or 3.3%

Capital gain yield is the appreciation in the price of a stock expressed as a percentage.

Capital gain yield = (current price – original price) / original price x 100

Current price = $68

Original price = $58

CGY = (68-58)/58 * 100 = (10/58)*100 = 17.24%

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Total Materials VarianceKrumple Inc. produces aluminum cans. Production of 12-ounce cans has a standard unit quantity of 4.7 oun
Nataliya [291]

Answer:

The correct answer for Price variance is $37,500( unfavorable) and for Usage variance is $19,200 ( Favorable).

Explanation:

According to the scenario, the given data are as follows:

Actual quantity = 1,875,000 ounces

Standard rate = $0.08 per ounce

Actual rate = $0.10 per ounce

Standard quantity = 4,50,000 × 4.7 = 2,115,000 ounces

So, Direct material price variance = Actual quantity × ( Standard rate - Actual rate )

= 1,875,000 × ( 0.08 - 0.10 )

= - $37,500 ( Negative shows Unfavorable)

and Direct material usage variance = standard rate per unit × (standard quantity - actual quantity)

=  $0.08 ( 2,115,000 - 1,875,000)

= 19,200 ( Positive shows Favorable)

3 0
3 years ago
Twenty-six years ago, several small vineyard owners in california joined voluntarily to market their grapes and wine in an attem
pentagon [3]
<span>Diversification. The wine got them started and they progressed into the very items that brought them income. They are trying to control the market and also expand into financial and tech so you can consider them a business development business.</span>
8 0
3 years ago
Liang Company began operations in Year 1. During its first two years, the company completed a number of transactions involving s
horsena [70]

Answer:

1). Account receivables A/c Dr. $1,345,000

                 To sales revenue  A/c $1,345,000

(Being the sales revenue is recorded)

Cost of good sold A/c Dr. $975,700

          To merchandise inventory A/c $975,700

(Being the cost is recorded)

2. Allowance for doubtful accounts A/c Dr. $19,400

       To accounts receivable A/c $19,400

(Being the written off is recorded)

3. Cash A/c Dr. $670,800

           To accounts receivables A/c $670,800

(Being cash received is recorded

1. .Account receivable A/c Dr. $1,529,400

                    To sales A/c $1,529,400

(Being the sales revenue is recorded)

Cost of good sold A/c Dr. $1,332,100

          To merchandise inventory A/c $1,332,100

(Being the cost of goods sold  is recorded)

2. Allowance for doubtful accounts A/c Dr. $27,000

        To Account receivable A/c $27,000

(Being the written off amount is recorded)

3. Cash A/c Dr. $1,391,600

            To account receivable A/c $1,391,600

(Being the cash received is recorded)

4. Bad-debts expense A/c Dr. $28,000

(765,600 × 1% + 20,344)

    To allowance for doubtful accounts A/c $28,000

(Being the bad debt expense is recorded)

Working note:

Ending Receivables = (654800 + 1529400 - 27,000 - 1,391,600) = $765,600

Total Receivables of 1st Year = 1,345,000 - 19,400 - 670,800 = $654,800

Before Adjustment Ending Allowance Balance = 65,4800 × 1% - 27,000

= 6,548 - 27,000

= 20,344 Debit BalanceThe journal entries are shown below:

According to the scenario, computation of the given data are as follows:-

Journal Entries for 1st year

1). Account receivables A/c Dr. $1,345,000

                 To sales revenue  A/c $1,345,000

(Being the sales revenue is recorded)

Cost of good sold A/c Dr. $975,700

          To merchandise inventory A/c $975,700

(Being the cost is recorded)

2. Allowance for doubtful accounts A/c Dr. $19,400

       To accounts receivable A/c $19,400

(Being the written off is recorded)

3. Cash A/c Dr. $670,800

           To accounts receivables A/c $670,800

(Being cash received is recorded)

4.  Bad-debts expense A/c Dr. $38,389

(1,345,000-19,400-670,800) × 2.90+ $19,400

          To allowance for doubtful accounts A/c $38,389

(Being the bad debt expense is recorded)

Journal Entries for 2nd year

1. .Account receivable A/c Dr. $1,529,400

                    To sales A/c $1,529,400

(Being the sales revenue is recorded)

Cost of good sold A/c Dr. $1,332,100

          To merchandise inventory A/c $1,332,100

(Being the cost of goods sold  is recorded)

2. Allowance for doubtful accounts A/c Dr. $27,000

        To Account receivable A/c $27,000

(Being the written off amount is recorded)

3. Cash A/c Dr. $1,391,600

            To account receivable A/c $1,391,600

(Being the cash received is recorded)

4. Bad-debts expense A/c Dr. $28,000

(765,600 × 1% + 20,344)

    To allowance for doubtful accounts A/c $28,000

(Being the bad debt expense is recorded)

Working note:

Ending Receivables = (654800 + 1529400 - 27,000 - 1,391,600) = $765,600

Total Receivables of 1st Year = 1,345,000 - 19,400 - 670,800 = $654,800

Before Adjustment Ending Allowance Balance = 65,4800 × 1% - 27,000

= 6,548 - 27,000

= 20,344 Debit Balance

Explanation:

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2 years ago
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All of them are good options, but I would say that D would be the most practical. This is because you’re able to find a large amount of information about a product and view its uses in your situation without paying the cost of the actual product itself.
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3 years ago
Read 2 more answers
Which characteristics should a nurse focus on to become an effective transformational leader?
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Effective communication is a critical component of successful transformational leadership in nursing.

Open, sincere communication is necessary for personnel to understand their responsibilities and the objectives they are working toward. A nurse leader's commitment to others, including the staff, families, and patients, demonstrates to others that she or he is not only in a leadership position for personal gain but also for the benefit of those being led.

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