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3 years ago

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Time line of cash dividend. Camelot Manufacturing, Inc. issues the following press release: "Camelot Manufacturing will pay a qu

arterly dividend of $1.00 per share on the 20th of the following month to record holders as of the 20th of this month." The company made this announcement on September 3, 2014. Draw a time line of the dates around this dividend payment with a two-day settlement for stock transactions. Label the declaration date, the ex-date, the record date, and the payment date.

1 answer:

Harlamova29_29 [7]3 years ago

6 0

Answer:

Declaration date = Sep 3, 2014

Ex - date = Sep 18, 2014

Record date = Sep 20, 2014

Payment date = Oct 20, 2014

Explanation:

Declaration date = This is the date of announcement of dividend.

Ex - date = The expiry date is 2 days before the record date.

Record date = the record date is the date on which share holders on record becomes eligible for dividend payment.

Payment date = This is the date of dividend payment.

Here,

Declaration date = Sep 3, 2014

Ex - date = Sep 18, 2014

Record date = Sep 20, 2014

Payment date = Oct 20, 2014

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Milo decides to invest $1,500 in a savings account every year at the beginning of the year for 10 years. Assuming an interest ra

irina1246 [14]

Answer:

$22,175.40

Explanation:

For this question, we use the Future value formula that is shown on the attachment below:

Provided that,

Present value = $0

Rate of interest = 7%

NPER = 10 years

PMT = $1,500

The formula is shown below:

= -FV(Rate;NPER;PMT;PV;type)

So, after solving this, the future value is $22,175.40

Therefore, the amount at the end of the year is $22,175.40

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3 years ago

Public debt includes debt that is held by:________

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The answer is Public debt includes debt that is held by the social security Administration.

Public debt is the total amount, including total liabilities, borrowed by the government to meet its development budget.

What is Public debt?

Public debt has to be paid from the consolidated fund of India. It is also used to refer overall liabilities of central and state governments, but the union government clearly distinguishes its debt liabilities from the state.
The sources of public debt are dated government securities (G-Secs), treasury bills, external assistance, and short term borrowings.
However, if the public debt is calculated as government liabilities, which also includes the liabilities of states.

To learn more about Public debt

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1 year ago

The cost method that will yield an ending inventory value that is somewhere between possible high and low costs (prices) using t

o-na [289]

The weighted average cost of capital is the cost approach that will produce an ending inventory value that is in between probable high and low costs (prices) using classic costing methods.

The weighted average cost of capital is the average cost of attracting investors, whether bonds or shareholders.

The computation weights the cost of capital depending on the amount of debt and equity used by the firm, providing a clear barrier rate for internal initiatives or future acquisitions.

The weighted average inventory cost is one of the approaches used in inventory valuation. It is computed by dividing the cost of products for sale by the number of units for sale. i.e The cost of the items for sale and the quantity of units for sale. Because it is based on averages, the ending inventory value is generally somewhere between high and low cost.

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2 years ago

A firm is considering two different capital structures. The first option is an all-equity firm with 75,000 shares of stock. The

Contact [7]

Answer:

$395833

Explanation:

Calculation to determine How much money is the firm considering borrowing if the interest rate is 8 percent

Amount to borrowed=(95000 / 75000) = [95000 – (X * 0.08)] / 50000

Amount to borrowed=1.26 = [95000 – (X * 0.08)] / 50000

Amount to borrowed=63333.33 = 95000 – (X * 0.08)

Amount to borrowed=31666.65 = X * 0.08

Amount to borrowed=X=31666.65/0.08

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Therefore How much money is the firm considering borrowing if the interest rate is 8 percent will be $395833

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3 years ago

Corn syrup and maple syrup are substitutes. News of health benefits from maple has increased the demand for maple syrup and decr

77julia77 [94]

Answer:

The equilibrium price of corn syrup will fall. The change in equilibrium quantity will depend upon the extent of change in demand and supply.

Explanation:

Corn syrup and maple syrup are substitutes.

News of health benefits from maple has increased the demand for maple syrup and decreased the demand for corn syrup.

The demand curve for corn syrup will move to the left.

Meanwhile, the government has subsidized corn crops. This will cause the price of corn to fall. As the input price declines the cost of producing corn syrup will decline as well. The firms will be able to provide more at the same cost.

This will cause the supply to increase. As the supply curve moves to the right. The equilibrium price of corn syrup will fall. The change in equilibrium quantity will depend upon the extent of change in demand and supply.

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3 years ago