Answer:
$89.41
Explanation:
Data provided in the question:
Dividend declared = $6.30 per share
Tax rate = 20%
Selling price of the stock = $94.45
Now,
Aftertax dividend = Dividend × ( 1 - Tax rate )
= $6.30 × ( 1 - 0.20 )
= $5.04
Thus,
Ex-dividend price = Selling price - Aftertax dividend
or
Ex-dividend price = $94.45 - $5.04
or
Ex-dividend price = $89.41
Answer:
Local spaces open for public to help them with social activities. Parks, gyms, store, mall and clubs are some of local spaces which are open to everyone for gaining relaxation in their leisure time.
Explanation:
People are busy in weekdays and they need some place for relaxation on weekend. There are many places which provide with recreational activities for people to relax and spend their weekends with their family.
Answer:
Given these facts, which state would you expect the price of prostitution services to be higher? Why?
- Since the risks associated to prostitution are higher in New Jersey, we could assume that the price for these services will be higher there. The supply curve of prostitution shift to the left, increasing the price and decreasing the quantity.
Which state would have the higher amount of services consumed (adjusted for population differences)? Why? What are the underlying economic issues of this market?
- Since the price is higher in New Jersey, the quantity demanded will be lower. Also, the risks associated to consuming the service will shift the demand curve to the left, reducing the quantity.
Two taxes on employers, two taxes on employees, OASDI and HI taxes and taxes on the net earnings of the self-employed
For each willful violation $129,336 per violation