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Whitepunk [10]
3 years ago
5

Blazer Sports Store is preparing to pay its quarterly dividend of $7.75 a share this quarter. The stock closed at $105.64 a shar

e today. What will the ex-dividend stock price be if the relevant tax rate is 19 percent and all else is held constant
Business
1 answer:
lidiya [134]3 years ago
3 0

Answer:

$99.3625

Explanation:

The computation of the ex-dividend stock price is shown below

= Stock closing price - {stock dividend × (1 - tax rate)}

= $105.64 - {($7.75 × (1 - 0.19)}

= $105.64 - $6.2775

= $99.3625

Hence, the ex-dividend stock price is $99.3625

We simply applied the above formula so that the ex-dividend stock price could come

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Hertz Car Rental has a customer loyalty program called Gold Plus Rewards that rewards members with one point per dollar spent on
Lerok [7]

Answer:

Relationship

Explanation:

Relationship marketing refers to the marketing in which the company could maintain the loyalty with the customer and predict that the long term relationship could be maintained.

It could be in terms of price, discounts, redeem points, quality, services, after-sales services, etc

Since in the question it is mentioned that the 500 points could be earned so this represents a relationship marketing

7 0
3 years ago
One of the most dramatic changes in connectivity and communications in the past few years has been _______.
bekas [8.4K]

The right phrase to fill the blank is: widespread use of mobile devices with wireless internet connectivity.

This is one of the major changes that have occurred in recent years, where we no longer have to access internet from local area network connection which requires a cable for you to connect to the internet and a computer is no longer necessary to be able to use it as well.

5 0
3 years ago
On December 31, prior to adjustment, Allowance for Uncollectible Accounts has a credit balance of $400. An age analysis of the a
slega [8]

Answer:

Bad debts expense                                      Debit            $ 600

Allowance for Uncollectible expenses       Credit                          $ 600

Explanation:

The allowance for uncollectible accounts is estimated usually on the basis of a percentage of credit sales. The data in the question indicates that the estimated losses from uncollectible accounts is $ 1,000.

The unadjusted balance is $ 400, so the adjusting entry is for the balancing amount, i.e. $ 600. It is debited to bad debts and credited to allowance for uncollectible accounts.

4 0
3 years ago
How does price discrimination help cover fixed costs?
Svetradugi [14.3K]
For the case of a consumer with an inelastic demand curve, it is less costly to cater for them, hence reducing the production fixed cost. given that different customers will be charged differently for the same product, it is easy to cover for a low profit range.
3 0
3 years ago
Interest is eligible to be capitalized as part of an asset's cost, rather than being expensed immediately, when:
Lelu [443]

Answer:

The Asset is a Qualifying Asset.

Explanation:

Qualifying Assets take substantial period of <em>time</em> to get ready for its intended use and purpose and that will require capitalizing interest costs or borrowing cost to the asset.

4 0
3 years ago
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