1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Novay_Z [31]
3 years ago
7

Rentarama is considering a 4:1 stock split. The stock current trades as $150 a share. Using the pre-split number of shares outst

anding, the CFO has estimated the total dividend for the next year will be $6.40 per share. Assuming the stock split is implemented immediately, shareholders should expect the quarterly dividend to be closest to:__________.
A) $0.40
B) $1.60
C) $6.40
Business
1 answer:
ser-zykov [4K]3 years ago
4 0

Answer:

A) $0.40

Explanation:

Stock split implies that a single share is divided into multiples which means that 4:1 stock split means that after the stock a single share prior to the stock split is divided into 4.

Total dividend per share expected next year=$6.40

Now that a single share now commands 4

Revised dividend per share expected next year=$6.40*1/4=$1.60(annual dividend)

quarterly revised per share dividend expected in the coming year=$1.60/4=$0.40

You might be interested in
Dehnert Midwifery's cost formula for its wages and salaries is $2,030 per month plus $409 per birth. For the month of May, the c
notsponge [240]

Answer:

The Answer is A. $47,838.

Explanation:

8 0
3 years ago
___________ tax situation currently applies to corporations and their owners but not to sole proprietorships, partnerships, or t
elixir [45]

Answer: Double taxation of dividend

Explanation: Double taxation of dividends refers to the taxes paid on dividends. Tax is first paid on the portion of the profit realized by a corporation which is to be shared among the shareholders. This portion of the corporation's profit is called dividend and the tax paid by the corporation is called the corporate income tax. After the dividends has been shared, each shareholder then pays a personal income tax on the respective amount received as dividend.

6 0
4 years ago
What are “discount points” in closing costs and what is the benefit of paying them?
Tomtit [17]

Mortgage points, also known as discount points, are fees paid directly to the lender at closing in exchange for a reduced interest rate. This is also called “buying down the rate,” which can lower your monthly mortgage payments.One point costs 1 percent of your mortgage amount (or $1,000 for every $100,000),<span>In general, the longer you plan to own the home, the more points help you save on interest over the life of the loan. When you consider whether points are right for you, it helps to run the numbers.</span>

8 0
4 years ago
What can serve as search engines, site reminders, or personal surfing assistants? a. Shopping and information agents b. Data-min
sesenic [268]

Answer:

The correct answer is A. Shopping and information agents

Explanation:

When a customer needs to acquire goods in the market, he needs the best information regarding those goods. That will allow you to optimize your purchases and act with good judgment.

If it is a minor purchase, the customer can do a market study. But when they are imported products, or when it comes to foreign trade operations, it is when it is more advisable to go to these professionals.

A purchasing agent acquires supplies and goods of all kinds for its customers, which can be individuals or companies. These clients need the goods to be able to develop their economic activity, but they are not aware of the market in a broad sense. That is why they resort to the figure of the purchasing agent, to do that work for him.

To carry out their functions, purchasing agents follow several steps:

  1. First they evaluate all the possible suppliers, investigating their degree of reliability and seriousness in the commercial relations.
  2. They contact them, negotiating quantities and prices, to get the best possible product, at the best price.
  3. Sometimes they request a sample of the product, to present it to the customer. This will determine if it suits your needs or not.
  4. Manage the entire purchase chain, solving any problems that may arise, until the final delivery of the product takes place
3 0
3 years ago
This activity is important because marketing managers must discover what prospective customers need and want. Marketing managers
RUDIKE [14]

Answer:

Note: See table attached to question below to fully understand

Marketing mix         Business traveller      Luxury traveller

element                        segment                      segment

<em>Product strategy</em>        Luxury car                 SUV or Minivan

<em>Price strategy</em>             Premium                   Saver

<em>Promotion strategy</em>    Gold club                  Free car seat

<em>Place strategy</em>             Airport hubs             Park access

8 0
3 years ago
Other questions:
  • What is the yield to maturity (YTM) on a simple loan for $1,500 that requires a repayment of $15,000 in five years’ time?
    9·1 answer
  • How to calculate percent from percentage points?
    5·1 answer
  • Before a customer is willing to accept a change to the proposed project, the contractor must provide a/an ___ along with an indi
    10·1 answer
  • Who is the current public protector of s.a?
    6·1 answer
  • 16 Type the correct answer in the box. Spell all words correctly. Identify the kind of control decision involved in the given sc
    7·1 answer
  • Assume that Hotel Excellent uses activity-based costing to allocate hotel overhead to guests. In Hotel Excellent, if the budgete
    13·1 answer
  • Advertising increases levels of consumer purchase of specific brands which in turn affects gross domestic product. T/F
    11·2 answers
  • se the following information to do a horizontal analysis of Rae​ Company's income statement for the current year and prior year
    14·1 answer
  • The trustees of a pension fund would like to examine the issue of protecting the bonds
    13·1 answer
  • Supervisor: In general, half of all customers you speak to will ask about any upcoming pricing discounts or promotions. Of those
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!