Answer:
$16,800
Explanation:
Calculation to determine how much will the customer receive in each dividend payment
First step is to calculate the ADR
ADR=$560,000 / $56
ADR= 10,000 ADR shares.
Note that U.S. market ADR will be either be 1/5th or $56 per U.S. ADR
Second step is to calculate the Semiannual annual dividend rate per ordinary share
Semiannual annual dividend rate per ordinary share =[(12 BP/2)*1/5th ADR worth ]*$1.40 exchange rate
Semiannual annual dividend rate per ordinary share =(6BP* *1/5th ADR worth)*$1.40 exchange rate
Semiannual annual dividend rate per ordinary share =$1.2per ADR share*$1.40 exchange rate
Semiannual annual dividend rate per ordinary share =$1.68
Now let calculate how much will the customer receive in each dividend payment
Dividend payment = $1.68 per ADR share x 10,000 shares
Dividend payment = $16,800
Therefore how much will the customer receive in each dividend payment is $16,800
Answer:
The answer is: B) Competitive parity with each other.
Explanation:
Rapida Inc. and Click Inc. have competitive parity with each because they are both losing money and both have the same negative rate of return.
Competitive parity happens when one company achieves standard or average results as compared to other similar company (or companies) in their industry.
Answer:
d. All of the above are correct
Explanation:
Demand refers to the quantities of a product that buyers are willing to purchase at a given price over time. The relationship between demand and price is explained in the law of demand. The law asserts that everything else remaining constant, the demand for a product is indirectly related to its price.
The demand curve illustrates the relationship between price and demand for a service or product. The curve is downward sloping showing how the quantity demanded changes with changes in price. Most goods will behave as per the demand curve. However, inferior goods tend to behave differently. An increase in income reduces the demand for an inferior product.
Answer:
The journal entry is as follows:
Retained earnings A/c Dr. $18 million
To common stock $0.30 million
To capital paid in excess A/c $17.70 million
(To record the stock dividend issued at 1%)
Working notes:
Shares issued = 1% of 30 million
= 0.30 million
Retained earnings:
= 0.30 million × $60 per share
= $18 million
Common stock:
= 0.30 million × $1 par value
= $0.30 million
Capital paid in excess:
= Retained earnings - Common stock
= $18 million - $0.30 million
= $17.7 million
Answer:
A. PPO insurance plans offer a wider choice of primary care doctors and specialists.
Explanation:
