Answer:
Quarterly dividend (D) = $0.75
Annual return (Ke) = 10.5% = 0.105
Quarterly return = 0.105/4 = 0.02625
Current market price = <u>Quarterly dividend</u>
Quarterly return
=<u> $0.75</u>
0.02625
= $28.57
Explanation:
Current market price is the ratio of quarterly dividend paid divided by quarterly return.
Answer:
A. increase in sales volume
Explanation:
Base on the scenario been described in the question, the one that would best explain the sales volume variance for sales revenue will be increase in sales volume according to the to the table given above
Answer:
$200,000
Explanation:
Now, it is assumed here that the bonds are issued at par.
First interest payment = Face Value * Stated Interest Rate * Half yearly
First interest payment = $8,000,000 * 5% * 1/2
First interest payment = $200,000
So, the amount that Apple Computers would record as interest expense on June 30 is $200,000.