Ask question

Ask question

All categories

3 years ago

5

A company paid $0.85 in cash dividends per share. Its earnings per share is $3.50, and its market price per share is $35.50. Its

dividend yield equals:___.
a. 2.0%.
b. 2.4%.
c. 9,9%.
d. 21.4%.
e. 24.2%.

1 answer:

mr_godi [17]3 years ago

7 0

Answer:

B

Explanation:

You might be interested in

West Company borrowed $10,000 on September 1, Year 1 from the Valley Bank. West agreed to pay interest annually at the rate of 6

Setler [38]

Answer:

The correct answer is $200

Explanation:

The interest expense appearing on the company's income statement in year 1 is for a period of four months(September to December) year 1.

The interest expense using an annual rate of 6% is computed thus:

interest expense=$10,000*6%*4/12=$200

The correct option is $200 which is not one of the options provided,hence the options need.

In another version of the question,option D was $200 which shows is missing here,

All in all, the correct answer is $200 interest for a period of four months from September to December

8 0

3 years ago

Companies especially ones with multinational operations and/or newly acquired businesses, typically have

quester [9]

<span>Companies especially ones with multinational operations and/or newly acquired businesses, typically have multiple cultures rather than a single culture.

When a business is multinational, they operate in different countries and in each country they operate in they are dealing with different cultures. Because of this, they have different cultures within their organization and operate according to where they are doing business. Successful companies will adapt to each culture so that the business runs like any other business would in their country.
</span>

6 0

3 years ago

You have placed an antique sofa up for auction and the auctioneer has not made any special announcements about the sale. You can

Gre4nikov [31]

Answer:

<h2>The answer in this case would be True.</h2>

Explanation:

In this case,the auctioneer has not made any special announcement regarding the sale or especially,has not announced the official conclusion of the sale.
Since,the auctioneer hasn't officially signaled the end or conclusion of the sale,it technically implies that the auction or sale of the concerned product or item is still operational and anyone can offer a value to bid for the product or item.
Therefore,based on the general rule or regulation of any official public auction,the bidder can officially withdraw his bid and let it pass to other bidders before the final and official conclusion of the sale as per the indication of the auctioneer.

8 0

3 years ago

The total cost analysis demonstrates how other costs besides the unit cost can affect purchase decisions. True False

zvonat [6]

Answer:

That statement is true

Explanation:

In order to conduct a total cost analysis, a company need to calculate every single relevant cost that occurs within an operation or project from start to finish. From this, the company usually can find out about hidden costs that might occurs outside the initial plan.

The decision makers can use this options to make their decision in the future. If the total hidden cost is larger than ideal, they can either implement a new budgeting plan or implement policies that minimize the hidden cost.

8 0

3 years ago

The shareholders' equity of Green Corporation includes $232,000 of $1 par common stock and $430,000 par of 7% cumulative preferr

dalvyx [7]

Answer:

$8,700

Explanation:

Dividends payable to preferred shareholders = [($430,000*7%)*2 - ($23,000*2)] + ($430,000*7%)

Dividends payable to preferred shareholders = [$60,200 - $46,000] + $30,100

Dividends payable to preferred shareholders = $14,200 + $30,100

Dividends payable to preferred shareholders = $44,300

Dividend available to common shareholders = Total dividend - Dividends payable to preferred shareholders

Dividend available to common shareholders = $53,000 - $44,300

Dividend available to common shareholders = $8,700

So, the amount of dividends common shareholders will receive in 2021 is $8,700.

6 0

2 years ago