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SCORPION-xisa [38]
2 years ago
15

A company's board of directors votes to declare a cash dividend of $.75 per share of common stock. The company has 15,000 shares

authorized, 10,000 issued, and 9,500 shares outstanding. The total amount of the cash dividend is:
Business
1 answer:
Norma-Jean [14]2 years ago
3 0

Answer:

The total amount of the cash dividend is $7,125

Explanation:

The Dividend is declared to pay all the outstanding shares in the market. Sometime the company has some treasury shares in the stocks which is deducted from the total issued shares to find the outstanding shares. In this case, the issued shares and the outstanding numbers of shares are different.

Treasury shares are those shares that are bought back by the company that issued the shares.

Use the following formula to calculate the cash dividend

Cash Dividend = Numbers of outstanding shares x Dividend rate

Where

Numbers of outstanding shares = 9,500 shares

Dividend rate = $0.75 per share

Placing values in the formula

Cash Dividend = 9,500 x $0.75 per share

Cash Dividend = $7,125

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A politician is interested in the proportion of voters in his district who think he is doing a good job.
MaRussiya [10]

A politician should be interested in the proportion of voters in his district.

The answer is true.

Explanation:

This is not only true for politician but also for any job which involves voting.

A person / leader will be recognized, if he

  • look into the welfare of the society
  • takes measure when problem occurs
  • is easily accessible to the public
  • lend his ears to the problems
  • provides an unbiased approach
  • he is interested in doing service
  • obeys laws

But it does not mean that, the person who got victory in the election has done good job in the previous service period. There are many factors that decide the polling of vote.

3 0
3 years ago
Miltmar Corporation will pay a year-end dividend of $5, and dividends thereafter are expected to grow at the constant rate of 4%
morpeh [17]

Answer:

a. 10.04%

b. $82.78

Explanation:

In this question, we apply the Capital Asset Pricing Model (CAPM) formula which is shown below

a. Expected rate of return or market capitalization = Risk-free rate of return + Beta × (Market rate of return - Risk-free rate of return)

= 5% + 0.72 × (12% - 5%)

= 5% + 0.72 × 7%

= 5% + 5.04%

= 10.04%

The Market rate of return - Risk-free rate of return) is also known as the market risk premium and the same is applied.

b. Now the intrinsic value would be

= Expected dividend ÷ (Required rate of return - growth rate)  

= $5 ÷ (10.04% - 4%)

= $5 ÷ 6.04%

= $82.78

7 0
3 years ago
Haystack, Inc. manufactures machinery used in the mining industry. On January 1, 2017 it leased equipment with a cost of $480,00
HACTEHA [7]

Answer:

$175,808

Explanation:

P=R (1-(1+i)^-n)/i

Where P=780,000*90%=$702,000

R=?

i=8%

N=5 years

By putting above values in formula, we get

P=R(1-(1+.08)^-5)/.08

702,000=R*3.993

R=702,000/3.993

R=$175,808

3 0
3 years ago
How does income inequality affect American taxpayers
nikdorinn [45]
If the tax system in the US is progressive, then those with lower income will pay proportionally less than those with higher income as the latter will have a higher tax rate but in fact the rich people usually have or find a lot of tax loopholes to reduce their taxes so may still not be paying a fair share of their taxes compared to the poor people who don't have these loopholes.
3 0
2 years ago
___________business that is carried out across national borders, including international trade, foreign manufacturing, and the g
maksim [4K]

Answer:

International business is the correct answer.

Explanation:

  • International business includes all economic activities that take place for the movement of resources, services, goods, people, thoughts, and technologies across national borders.
  • International business is important because International exchange makes the business more successful and to increase the market of its country.
  • The benefits of international business are: It Increase the Organization's reputation and expand the Company Markets.

5 0
3 years ago
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