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abruzzese [7]
3 years ago
9

Walgreen Comapny (NYSE: WAG) is currently trading at $48.75 on the NYSE. Walgreen Company is also listed on NASDAQ and is curren

tly trading on NASDAQ at $48.50. Does an arbitrage opportunity exist and if so how would you exploit it and how much would you make on a block trade of 100 shares
Business
1 answer:
Irina18 [472]3 years ago
3 0
I like trees lil boy dkrfusj
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Smith Company gives the following information on the financial statements: Net Income $50,000 Preferred Dividends 8,000 Average
ch4aika [34]

Answer: The rate of return on common stockholder’s equity is 23%.

Explanation:

Given that,

Net Income = $50,000

Preferred Dividends = 8,000

Average Common Stockholder’s Equity = 180,000

Average number of Common Shares Outstanding = 250,000 shares

Market Price = $2 per share

Therefore,

Return on equity = \frac{Net\ income - Preferred\ Dividends}{stockholder\ equity}

=  \frac{50000 - 8000}{180000}

= 23%

5 0
3 years ago
What are three economic reasons for corporate acquisitions and mergers?
pantera1 [17]

Answer:The three main types of merger are horizontal mergers which increase market share, vertical mergers which exploit existing synergies and concentric mergers which expand the product offering.

Explanation:

6 0
3 years ago
11. At Stolen Horse Corporation, indirect labor is a variable cost that varies with direct labor hours. Last month's flexible bu
pochemuha

Answer:

5,220 hours

Explanation:

Lets summarize the information first,

Actual Hours = 5,140

Actual Indirect labor cost = $2,056

Spending Variance = $257 Unfavorable

Activity Variance = $28 Favorable

We can reverse work for budgeted labor hours, first for the standard rate,

Spending variance = Actual hours * Standard rate/hour - Actual Overheads

-257 = 5140x - 2056

x = (2056-257)/5140

x = 0.35/hour (This is the standard over head rate )

Activity Variance = Standard rate*Standard hrs - Standard rate*Actual Hrs

28 = 0.35y - 0.35*5140

Solving for y,

y = 1827/0.35

y = 5,220

So budgeted hours for Stolen Horse Corporation were = y = 5,220 hours

Hope that helps.

6 0
3 years ago
Which of the following scenarios is an example of irrelevant media​
Tatiana [17]

An image that does not match the text in any manner.

"Irrelevant" means not related or connected to something. The other examples may not be the best use of media but they are not necessarily irrelevant.

4 0
3 years ago
Read 2 more answers
The worst possible consequence of conflict is ______. A. Stress b. Hurtful words c. Damaged relationships d. Violence.
Bumek [7]

Answer: Violence

Explanation: Stress is a part of life that most everyone experiences, as well as hurtful words and damaged relationships. With that being said, those answers cannot compare to violence. Violence is the most painful consequence of them all, and it can sometimes be life-threatening.

3 0
3 years ago
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