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zysi [14]
3 years ago
8

Josh purchased 100 shares of XOM at the beginning of 2016. He received dividends per share of​ $1.37 (2016),​ $1.55 (2017),​ $1.

66 (2018),​ $1.74 (2019),​ $1.85 (2020). At the end of​ 2020, just after receiving the last​ dividend, he sold the stock for​ $84.76. At what rate did the dividends grow from the end of 2016 to the end of​ 2020? Assume that all dividends were received at the end of the year.
Business
1 answer:
Natalka [10]3 years ago
8 0

Answer: 7.80%

Explanation:

At the end of 2016, Josh received a dividend of $1.37 and at the end of 2020, he received one of $1.85.

You can calculate the growth rate with the formula:

Dividend Growth Rate = (Dividend received at end of 2020/Dividend received at end of 2016) ^ (1/n) - 1

2016 to 2020 is 4 years.

Dividend growth rate = (1.85 / 1.37)¹/⁴ - 1

= 0.07798518

= 7.80%

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A country in which most economic decisions are made by individuals or private companies has a system that falls in the main cate
astraxan [27]

Answer: Market Economy

Explanation:

A country in which the economic decisions are majorly controlled by individuals or private companies is a market economy.

A market economy is an economic system where there is very little government interference which is in the form of regulations, the economy is controlled mainly by private individuals and production is determined by the forces of demand and supply.

4 0
3 years ago
The capable project manager understands what motivates team members and creates a competitive environment in which individuals c
erastovalidia [21]

Answer:

False.

Explanation:

The capable project manager understands what motivates team members and creates a competitive environment in which each individuals are impacted by the learning process and experiences as part of a high-performing team and are able to excel.

Ideally, a capable project manager should use the project work or activities as an opportunity to avail the team members with more knowledge, so that each of them becomes more experienced and competent than when they started.

Also, a project manager is a professional saddled with the responsibility of successfully planning, analyzing and execution of a project in an organization.

3 0
3 years ago
Sardi Inc. is considering whether to continue to make a component or to buy it from an outside supplier. The company uses 14,200
IceJOKER [234]

Answer:

Total cost $24.44

Explanation:

Sardi Inc.

Make

Direct materials$10.00

Direct labor7.00

Variable manufacturing overhead 2.80

Fixed manufacturing overhead (30% × $4.80 is avoidable)1.44

Opportunity cost ($6.40 per unit ÷ 2 minutes per unit) × 1 minutes3.20

Total cost $24.44

Therefore the cost of making the component should be compared to the price of buying the component at $24.44

3 0
3 years ago
Libel is a defamatory or hurtful remark told about someone to others, and slander is when this remark or comment is broadcast ov
NemiM [27]

Answer:

This is false.

Explanation:

The statement in the question interchange the meanings of the two terms. The correct definitions are therefore given as follows:

Libel is can be described as a written or published false statement about another person that damages their reputation unjustly.

Slander refers a spoken false statement about another person that damages their reputation unjustly.

Based on the definitions above, the statement in the question can be correctly rewritten as follows:

Slander is a defamatory or hurtful remark told about someone to others, and libel is when this remark or comment is broadcast over the TV, radio, printed in a publication, or forwarded to others on the Internet.

5 0
2 years ago
What term is used to identify weather conditions at a particular location over a long period of time?
Sati [7]
I think it’s climate
6 0
3 years ago
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