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
zhannawk [14.2K]
3 years ago
15

On April 11 of the current year, Zack Corporation had a market price of $48 per share of common stock. Its par value was $10 per

share. For the previous year, Zack paid an annual dividend of $3.90 per share. Zack's gross revenues and net income was $5,000,000 and $2,500,000, respectively. The dividend yield for Zack Corporation would be_____. 8% 0.08% 39% 0.39%
Business
1 answer:
NikAS [45]3 years ago
3 0

Answer:

The dividend yield for Zack Corporation 8%,the first option

Explanation:

The dividend yield is a measure of business performance used by investors which compares the dividend paid by a stock to its market price(price paid by investors to acquire the stock)

dividend per share for Zack Corporation is $3.90

market price per share is $48

dividend yield =$3.90/$48*100=8.13%

The correct option is the first option 8% since the figure above was simply rounded down to whole number

You might be interested in
The term economies of scale refers to the fact that as the:
frutty [35]

Answer:

quantity of product produced in a given period increases, the cost of manufacturing each unit decreases

Explanation:

Economies of scale happens when the average total cost (variable + fixed production costs per unit) decreases as total output increases. This generally takes place because fixed costs are the same for a small number of units produced or a large number of units produced, so the average fixed cost per unit tend to decrease as more units are produced (at least up to certain point). Variable production costs per unit can also decrease as total output increases since materials might be purchased in larger quantities resulting in higher discounts or labor productivity increases.

7 0
3 years ago
In 2014, short-term interest rates were near zero, and yet the economy was still sluggish with low rates of economic growth and
LUCKY_DIMON [66]
I don’t even know to be honest only commenting to get some points ....:
6 0
3 years ago
Dale, a design engineer at a machinery manufacturing company, prepares a plan with a detailed estimate of the overheads and reso
Tasya [4]

Answer: Single-use plan

Explanation:

Single use plan is one of the method that helps in addressing the different types of organizational situation that helps in achieving the specific goals of the firm.

The budget, program, strategy and also the projects are the different types of single use planning process.

According to the given question, Dale is one of the design engineer in the manufacturing organization and dale is used to preparing the various types of plans with the proper resource and the overhead estimation.

Therefore, The dale is preparing the single use plan.    

6 0
3 years ago
Education opens the door emplyment​
iragen [17]

Answer:

For people, it opens up a world of opportunities, reduces the burden of disease and poverty, and gives greater voice in society. For nations, it opens doors to economic and social prosperity, spurred by a dynamic workforce and well –informed citizenry able to compete and cooperate in the global arena

4 0
3 years ago
You want to buy a car, and a local bank will lend you $25,000. The loan will be fully amortized over 5 years (60 months), and th
Vikentia [17]

Answer:

Monthly payment: 460.41 dollars

Effective rate:  4.07%

Explanation:

we will calculate the PTM of an annuity of 25,000 over 5 year at 4%

PV \div \frac{1-(1+r)^{-time} }{rate} = C\\

PV  $25,000.00

time 60

rate 0.003333333

25000 \div \frac{1-(1+0.003333)^{-60} }{0.003333} = C\\

C  $ 460.413

Now we need to know the effective rate, which is the same as 4% compounding monthly:

(1+0.04/12)^{60} = (1+ r_e)^{5}\\r_e = \sqrt[5]{(1+0.04/12)^{60}} - 1

effective  rate = 0.040741543 = 4.07%

8 0
3 years ago
Other questions:
  • The rate of return on the common stock of Flowers by Flo is expected to be 14 percent in a boom economy, 8 percent in a normal e
    13·1 answer
  • The factor that determines whether a product is classified as a consumer product or an industrial product is:
    15·1 answer
  • Which of the following best describes how consumers let
    12·2 answers
  • If the government set a price ceiling of $40, there would be: Group of answer choices a shortage (or excess supply) of about 8 u
    9·1 answer
  • An organization whose duties include consolidating small loads of freight, negotiating shipping rates, and booking space on tran
    13·1 answer
  • You need to write a check for $167.50 from your checking account, which has a balance of $1,725.25. What percent of
    10·2 answers
  • The vice president of operations of Recycling Industries is evaluating the performance of two divisions organized as investment
    12·1 answer
  • Tyrell Corporation, a manufacturer of smartphones, has entered into a 15-year partnership with a software company to develop sop
    8·1 answer
  • How can you determine an independent contractor?
    10·2 answers
  • If a beneficiary is enrolled in a ma-only hmo and they also sign up for a pdp plan, they will be automatically dropped from thei
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!