1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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.

You might be interested in
Who do you think has the least<br> influence? Why?
tatuchka [14]

Answer:

good stuff

Explanation:

people these days (including me sometimes) put more energy into bad things and negative things .and its partly social media's fault.

3 0
2 years ago
A difference between operations and projects is that operations end when their objectives have been reached, whereas projects do
maxonik [38]

Answer:

FALSE

Explanation:

It is False that the difference between operations and projects is that operations end when their objectives have been reached, whereas projects do not.

The reverse is true because projects are time-bound and they come to an end when their objectives have been achieved, but company operations are expected to continue as a going concern.

A project is an activity to meet the creation of a unique product or service, an thereafter terminates while operations are day to day routine activities that are expected to continue

3 0
3 years ago
Xavier and alex plan on retiring 27 years from today. at that time, they plan to have saved the same amount. javier is depositin
hammer [34]

The amount by which Alex's deposit amount vary from Javier's if Alex also makes a deposit today, but earns an annual interest rate of 6.2 percent is $3381.39.

<h3>How to calculate the value?</h3>

We use the formula:

A=P(1+r/100)^n

where

  • A=future value
  • P=present value
  • r=rate of interest
  • n=time period.

Hence future value Javier will be:

=$15000*(1.052)^27

=$58,954.40

For Alex:

58,954.40=P*(1.062)^27

P=58,954.40/(1.062)^27

=$11618.61

Hence difference will be:

=15000 - 11618.61

= $3381.39

Learn more about interest on:

brainly.com/question/2294792

#SPJ1

3 0
1 year ago
To figure out what type of tests you are best at, you should
RUDIKE [14]
Take a small quiz of each subject and have someone grade it and then you will know the answer to your question
3 0
3 years ago
Read 2 more answers
She negotiated a price of $21,900 and will trade in her old car for $2,350. She will put another $850 with it and borrow the rem
lisabon 2012 [21]

Answer:

The monthly payment will be $434

Explanation:

Price of New car = $21,900

Price of old car exchanged = $2,350

Cash Payment = $850

Amount of Loan = $21,900 - $2,350 - $850

Amount of Loan = A = $18,700

Rate of interest = r = 6% = 0.06 = 0.005 per month

Number of total periods = 12 x 4 = 48

P = $18500 / { [ ( 1 + 0.005 )^48 ] - 1 } / [ 0.005 ( 1 + 0.005)^48 ]

P = $18500 / [ 0.2704891611 / 0.006352446 ]

P = $18500 / 42.58

P = $434.47

6 0
3 years ago
Other questions:
  • Southtown Realty has entered into agency agreements with Sara, a seller and Tom, a buyer. Tom wants to make an offer on Sara’s h
    12·1 answer
  • Victor Lorenz realizes that he needs a new car, so he has read through Consumer Reports and has visited selected dealerships to
    11·1 answer
  • When preparing the cash budget, all the following should be considered except: Group of answer choices Cash receipts from custom
    7·1 answer
  • What is the most likely reason why the author includes realistic elements in his description of the watchdog?
    9·1 answer
  • A parent holding company sells shares in its subsidiary such that the parent now owns only 65% of the subsidiary and, thus, the
    10·1 answer
  • Options for attacking the high costs of items purchased from suppliers do not include Multiple Choice pressuring suppliers for m
    12·1 answer
  • A general rule of thumb is to keep your credit utilization rate at 30% or lower. What is your approximate credit utilization rat
    8·1 answer
  • A goal taking which of these lengths of time to achieve is most likely to be a
    6·2 answers
  • Plan B” is the label used to describe what you would do if your job ended and might include​ a. ​learning new skills. b. ​develo
    14·1 answer
  • If a firm hires an additional worker and discovers that its total output has fallen, then it must be true that:________
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!