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AnnyKZ [126]
3 years ago
11

At the beginning of the year, Camille purchased 300 shares of stock at $25.50 per share, then sold them at the end of the year f

or $28.70 per share. She paid a 1% commission on both the purchase and sale of the stock. Current dividends per share of $2.00 are in effect. Determine the dividends.
Business
1 answer:
Karo-lina-s [1.5K]3 years ago
3 0

<u>Answer:</u>$600

<u>Explanation:</u>

Dividend = Dividend per share x Number of shares

= 2 x 300

=600

Dividend received by Camille is $600

Dividend is the excess profit which a company distributes it to the shareholders after meeting all the company expenses. Dividends can be paid quarterly, monthly or annually. Dividend is paid for each share held by the shareholder. The dividend declared by the company is also per share basis. The dividend earned by a person is based on the number of shares held by shareholder.

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oksian1 [2.3K]

Answer:

A

Explanation:

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The free rider problem is a form of market failure. It occurs when people benefit from a good or service of communal nature and do not pay to enjoy these services.

The free rider has caused a decline in revenues and did not cause the private market to undersupply education to the community

6 0
3 years ago
When silo gimp graduated from college with a degree in flower growing.He was voted...
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Answer:

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Explanation:

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Paige is thinking about discontinuing a software program her company
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Answer:

C. Her company may still need to provide customer service to existing customers.

Explanation:

Apex

8 0
3 years ago
Deere is a global manufacturer and distributor of agricultural, construction, and forestry equipment. Suppose it reported the fo
Sveta_85 [38]

Answer:

5.95

Explanation:

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Where Average Inventory = (Previous Inventory + Current Inventory) / 2

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Deere Inventory Turnover for 2017 Ratio is  5.95.

7 0
3 years ago
You just made the last monthly payment on a 30 year mortgage -- the house is yours! In your joyous moment, you calculate how muc
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Answer:

$112,807

Explanation:

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PV=647,514/(1.06)^30

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According to this, you originally borrowed $112,807 for this house.

5 0
3 years ago
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