Answer:
Explanation:
The journal entry is shown below:
On July 1
Treasury stock A/c Dr $5,280
To Cash A/c $5,280
(Being purchase of treasury stock for cash is recorded)
The computation is shown below:
= Number of shares purchased × cash price per share
= 440 shares × $12
= $5,280
All other information which is given is not relevant. Hence, ignored it
Answer:
1. Vacation pay expense Dr. 3500
Vacation pay payable 3500
2. It is recorded at the company's balance sheet as the accrued liabililty at the liabilities portion.
3. The amount will be removed once the vacation pay is paid and is debited to income account.
<span>The answer is 'scanning the environment'.
Environmental scanning is a process that systematically surveys and interprets relevant data to identify external opportunities and threats.</span>
<u>Solution and Explanation:</u>
<u>The total return is as follows:
</u>
Total return = (Closing price – opening price + dividend) / opening price

= -8.54%
Therefore, the total return is -8.54%
b. Dividend yield is as follows;
Dividend yield = Dividend / opening price
= $1.45 divided by $65
= 2.23%
Therefore, the dividend yield is 2.23%
c. the capital gain yield is as follows;
Capital gain yield = (Closing price – opening price) / opening price

= -10.77%
Answer:
current share price = $5.40
so correct option is C. $5.40
Explanation:
given data
dividends paid = 15 years
pay = $6 per share
increase = 4%
to find out
current share price
solution
we know that Value after year 15 will be = ( D15 × Growth rate) ÷ (required return - growth rate) ......................1
put here value
Value after year 15 = 
Value after year 15 = $52
so here current share price will be
current share price = Future dividends × Present value of discounting factor
current share price = 
current share price = $5.40
so correct option is C. $5.40