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solmaris [256]
3 years ago
13

Southern Markets recently paid an annual dividend of $2.62 on its common stock. This dividend increases at an average rate of 3.

8 percent per year. The stock is currently selling for $28.12 a share. What is the dividend yield
Business
1 answer:
Tems11 [23]3 years ago
5 0

Answer:

Dividend yield = 9.67%

Explanation:

Dividend growth rate = Average rate of increase in dividend = 3,8%

Next annual dividend = Annual dividend just paid * (100% + Dividend growth rate) = $2.62 * (100% + 3.8%) = $2.71956

Dividend yield = Next annual dividend / Current share selling price = $2.71956 / $28.12 = 0.0967, or 9.67%

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Answer:

The capitalization rate per worker in the US is much greater than in Thailand.

Explanation:

What makes the possiblity for the US citizen to earn more for the same job is their capitalization rate. The US has a much greater capital per worker than Thailand thus, the productivity of labor is much higher.

The workers are paid based on the production rather than personal effort this means, the Thai worker may be more strong and skillfull than US worker as it does it at hand but that, is a problem for the worker as with proper equipment it will make more cloth and therefore more goods are produced more value and a higher wage hourly rate is achieved.

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4 years ago
Read 2 more answers
The company's adjusted trial balance as follows includes the following accounts balances: Cash, $15,000; Equipment, $85,000; Acc
Leto [7]

Answer:

                                                   Dr.           Cr.

Sales,                                    $56,000

Income Summary                                  $56,000

<u>                                                                          </u>

                                                      Dr.          Cr.

Income Summary                     $52,500

Sales Returns and Allowances                $3,000

Sales Discounts,                                       $1,500

Depreciation Expense,                            $25,000

Salaries Expense,                                     $23,000

<u>                                                                          </u>

Explanation:

Cash, Equipment, Accumulated Depreciation, Accounts Payable, Owner Capital and Owner Withdrawals are all permanent accounts. These accounts will not close and do not need any closing entry.

7 0
4 years ago
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Arturiano [62]

Answer:

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So in order to make a decision, the seller should estimate the number of each of the product to be sold such that profit earned from each product is equal.

7 0
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