Answer:
6.2249%
Explanation:
Dividend yield = next dividend paid / price of the stock
Dividend yield is one of the components used in calculating the total return of a stock.
Total return = price return + dividend yield
price return is the return on a stock as a result of price appreciation
Dividend yield = $3.10 / $49.80 = 0.062249 = 6.2249%
Answer:
Product placement.
Explanation:
Product placement is a type of marketing technique that is used by various organizations to promote their products without a clear reference to the product. This is done by paying some amount of money for these products to be shown in films and television programmes.
Product placement is carried out to generate a form of positive feelings towards the product being advertised. It enables the potential customers viewing the advert to develop a stronger bond with the brand company.
Answer:
The journal entries relating to the conversion of preferred stock to common stock are highlighted below:
Dr Preferred stock $45,000
Dr Paid-in capital in excess of par $9,900
Cr Common stock $18,000
Cr Paid-in capital in excess(balancing figure) $36,900
Explanation:
Find in the attached the detailed computations of the amounts above.