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3 years ago

When you receive your monthly credit card statement, the balance refers to the

Business

2 answers:

jeka57 [31]3 years ago

3 0

Answer:

the amount you spend

Explanation:

iris [78.8K]3 years ago

3 0

amount you spent, is the right answer.

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Portia Grant is an employee who is paid monthly. For the month of January of the current year, she earned a total of 8,988. The

cluponka [151]

Answer:

$6,809.04

Explanation:

Calculation to determine what her net pay for the month is

Gross Pay (a) $8,988

Less: Deductions

Social Security Tax $557.26

($8,988 * 6.2%)

Medicare Tax $130.33

($8,988 * 1.45%)

Federal income Tax $1,491.37

Total Deductions (b) $2,178.96

Net Pay (a-b) $6,809.04

($8,988-$2,178.96)

Therefore her net pay for the month is $6,809.04

6 0

3 years ago

The following information was taken from the financial statements of Tolbert Inc. for December 31 of the current fiscal year: Co

ale4655 [162]

Answer:

(a) the earnings per share = $3

(b) the price-earnings ratio = 8x

(d) the dividend yield = 1.04%

Explanation:

Common Stock Outstanding = 5,250,000/25 = 210,000 shares

Preferred Stock Outstanding = 6,000,000/200 = 30,000 shares

Preferred Stock Dividend per share = $4

(a) Earnings Per Share

EPS = Net Income - Preferred Dividend

Common Stock Outstanding

EPS = 750,000 - (30,000 * 4)

210,000

EPS = 630,000

210,000

EPS = $3

(b) Price-Earnings Ratio

Market Price = $24

EPS = $3

P/E ratio = Market Price

EPS

P/E ratio = 24/3

P/E ratio = 8x

(c) Dividends Per Share

DPS = Total Dividends

Common Stock Outstanding

DPS = 52,500/210,000

DPS = $0.25

(d) Dividend Yield

DY = Dividend Per Share

Price

DY = 0.25/24

DY = 1.04%

6 0

4 years ago

Alto Company issued 7% preferred stock with a $100 par value. This means that:

RideAnS [48]

Answer:

Option "C" is the correct answer to the following question.

Explanation:

Given:

Issue price of share = $100

Market price per share = $100

Preferred stock dividend rate = 7%

Computation of dividend per year :

Dividend per year = Issue price of share × Preferred stock dividend rate

Dividend per year = $100 × 7%

Dividend per year = $7

Dividends are always paid to preferred stock at fixed rates at face value.

7 0

3 years ago

Read 2 more answers

Lagyan ng angkop na bilang ang

Liono4ka [1.6K]

Answer:

which language is this? or is it just nonsense?

5 0

3 years ago

When conducting a research study attempting to understand what features were most important to automobile consumers, Gary's Rese

diamong [38]

Answer:

A. Structured.

Explanation:

Structured questionnaire are basically consists a set of standardized questions with a fixed format.

3 0

3 years ago