"Assume the original facts except that Kano and Hoshi separated in May of the current year. What is Kano’s filing status?" "Kano
1 answer:
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Answer:
$ 3.87
Explanation:
It is given that :
Cost of the company's stock per share = $ 90
The required return on the stock is = 15 %
Therefore, the dividend yield =
We known that
= 4.05
The current dividend is,
= $ 3.87
Answer:
Given retained earnings, Net income can be calculated.
Ending retained earnings = Beginning retained earnings + Net Income - dividends
9,800 = 6,800 + NI - 2,800
NI = 9,800 - 6,800 + 2,800
Net Income = $5,800
Net Income = Revenue - Salaries - Advertising - Utilities
5,800 = 38,000 - Salaries - 5,800 - 3,800
Salaries = 38,000 - 5,800 - 3,800 - 5,800
Salaries = $22,600
