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katrin [286]
3 years ago
14

Your portfolio is 230 shares of Barden, Inc. The stock currently sells for $93 per share. The company has announced a dividend o

f $2.40 per share with an ex-dividend date of April 19. Assuming no taxes, how much will your stock be worth on April 19? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) Stock value $
Business
1 answer:
Ipatiy [6.2K]3 years ago
6 0

Answer:

Your stock will be valued in $20,838.

Explanation:

If there are no taxes, it is expected that the value of the stock will lower the amount of the dividend. That means

Stock price (April 19) = stock price - dividend = 93-2.4=90.6 $/share

In this case, your stock of 230 shares will be valued as

Stock value = Stock share * stock price = 230 shares * $90.6/share

Stock value = $ 20,838

Your stock will be valued in $20,838.

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Answer:

Instructions are below.

Explanation:

Giving the following information:

When it produces and sells 4,000 units, its average costs per unit are as follows:

Variable manufacturing overhead $1.40

Fixed manufacturing overhead $ 2.60

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<u>To calculate the unitary indirect manufacturing cost, you can use two different methods</u>. The variable method only uses the variable manufacturing overhead. The absorption method uses the total unitary overhead.

Total fixed overhead= 2.6*4,000= 10,400

<u>Variable costing method</u>:

Unitary indirect manufacturing cost= $1.4

<u>Absorption costing method:</u>

Unitary fixed overhead= 10,400/3,000= $3.47

Unitary indirect manufacturing cost= 1.4 + 3.47= $4.87

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