Answer:
3.44 percent
Explanation:
Required return = Dividend yield + growth rate
Dividend yield = Required return - growth rate
= 11.65% - 8.21%
= 3.44%
Therefore, The dividend yield is 3.44%
Answer:
Given that,
Value of promissory note = $11,700
Time period = 60 days
Interest rate = 14%
Interest revenue:
= Note value × Interest rate × Time period
= $11,700 × 0.14 × (60/360)
= $273
Therefore, the journal entry is as follows:
Accounts receivable A/c Dr. $11,973
To Interest revenue $273
To Notes receivable $11,700
(To record the dishonored note)
Answer:
The correct option is c
Explanation: see the picture attached
Divide the amount to distribute by the number cf shares.
$15,000.00 / 150shares = $100/shate
Abswer: option a.