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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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Henry Garrison starts the month with a balance on his credit card of $1,130. The average daily balance for the month, including
hoa [83]

Answer:

Interest expense $ 11.15

Explanation:

As the bank uses the average daily balance excluding new purchases we should use that amount to solve for the interest expense.

The rate is one and a half percent therefore, 1.5% --> 0.015

principal x rate = interest

$743 x 0.015 = $ 11.145

3 0
4 years ago
Consider the following binomial experiment: a study in a certain community showed that 6% of the people suffer from insomnia. if
Oxana [17]
To determine the standard deviation of the number of people who suffer from insomnia, you need to use the following formula:
= sqr of npq

= √10,200 people in the community x 0.6 people who suffer from insomnia x 0.91 = ?
= √10,200 x 0.6 x 0.91 = <span>√55.143 = 7.43 

= 7.43</span>
6 0
3 years ago
Andrew wants to purchase a new computer and go to the caribbean for spring break. the computer is priced at 1299, and the vacati
Mamont248 [21]

Andrew writes a check for $1,299 which is the  medium of exchange.

What is the way of transaction ?

  • A sale is a completed agreement between a buyer and a dealer to change goods, services, or fiscal means in return for plutocrats.
  • The term is also generally used in commercial accounts. As a business secretary, this plain description can get tricky.
  • A sale may be recorded by a company before or later depending on whether it uses an addendum account or cash account.

Here,

Andrew can easily determine that the price of the computer is more than the price of the vacation = Unit of Account

Andrew has $1,574 in his checking account

= Store of value

Andrew writes a check for $1,299

= Medium of exchange

Learn more about Way of transaction here:

https://brainly.in/question/2253597

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3 0
1 year ago
How does the way that a search engine gets and organizes information help you understand why Googling alone is not enough?
bixtya [17]

Answer:

The search engine works through three primary functions,

Crawling, Indexing and Ranking

Explanation:

Crawling is the process in which the server works as a spiders and finds out information relevant for the user. Indexing is the way to store the web page. Ranking is the priority through which websites are displayed. The most matched text with the URLs are displayed first. The content in the website is matched with the relevance and then displayed to the user.

6 0
3 years ago
How is the idea of "strategic intent" different from models of strategy that emphasize achieving a fit between the firm’s strate
Irina18 [472]

Answer & Explanation:

In terms of completion of goals, the key difference between strategic aim and SWOT is the time-frame.  

In this case, the strategic goal is future-oriented and long-term (around 10-20 years). The strategic goal is simply to make sure that the whole enterprise, in order to meet potential business demand, works on forecasting consumer demand in the future, reinforcing and enhancing its core competences.

On the other side, in implementing the corporate goals and achieving success, SWOT has a short-term outlook. In this context, SWOT focuses on current data and knowledge, such as specific expertise, current business demand and satisfying this need.

5 0
3 years ago
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