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alexira [117]
2 years ago
13

Bayside Marina just announced it is decreasing its annual dividend from $1.48 per share to $1.45 per share effective immediately

. If the dividend yield remains at its pre-announcement level, then you know the stock price: Select one: a. was unaffected by the announcement. b. increased proportionately with the dividend decrease. c. decreased proportionately with the dividend decrease. d. decreased by $.03 per share. e. increased by $.03 per share.
Business
1 answer:
AveGali [126]2 years ago
5 0

Answer:

C. decreased proportionately with the dividend decrease

Explanation:

From the question, we are informed about how Bayside Marina just announced it is decreasing its annual dividend from $1.48 per share to $1.45 per share effective immediately. In the case the dividend yield remains at its pre-announcement level, then the stock price decreased proportionately with the dividend decrease. Stock price can be explained as the the price in which share of stock is currently trade in the market. It allows to know the current value of a firm as well as it's market value. It should be noted that the stick price decreased proportionately with the dividend decrease. Any fall in the stock price will affect the dividend and bring fall too.

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Josiah Warren's utopian societies included stores where goods were exchanged according to the amount of work a person completed.
emmasim [6.3K]

Answer:

A) True

The statement is true.

6 0
3 years ago
Prior to liquidating their partnership, Pepper and Reynell had capital accounts of $13,000 and $49,000, respectively. The partne
brilliants [131]

Answer:

Explanation:

Based on the information that has been given in the question, the following answer can be provided

a. Determine the amount of Pepper's deficiency.

First, we need to calculate the loss that was recognized. This will be:

= ($13,000 + $49,000) - $24,000

= $62,000 - $24,000

= $38,000

Pepper's share of the loss will then be:

= $38,000/2

= $19,000

Pepper's deficiency will now be his contribution minus the loss incurred. This will be:

= $19,000 - $13,000

= $6,000

Deficiency of $6000

b. Determine the amount distributed to Reynell, assuming Pepper is unable to satisfy the deficiency.

This will be:

= $49,000 - $19000 - $6,000

= $49,000 - $25,000

= $24,000

6 0
2 years ago
An investment earns 35% the first year, earns 40% the second year, and loses 38% the third year. The total compound return over
Vladimir79 [104]

Answer:

17.18%

Explanation:

compound return = ( 1 + 0.35)x (1 + 0.40) x (1-0.38) - 1

1.35 x 1.40 x 0.62 - 1 = 17.18%

6 0
3 years ago
Atlantic Corporation reported the following amounts at the end of the first year of operations: contributed capital $100,000; sa
romanna [79]

Answer:

A) retained earnings $40,000 and expenses $340,000.

Explanation:

Total Assets = Total Equity + Total Liabilities

$300,000 = Total Equity + $160,000

Total Equity = $300,000 - $160,000

Total Equity = $140,000

Now

Total Equity = Contributed Capital + Retained Earning

$140,000 = 100,000 + Retained Earning

Retained Earning = $140,000 - $100,000 = $40,000

Now

Retained Earning = Revenue - Expenses - Dividend paid

$40,0000 = $400,000 - Expenses - $20,000

$40,0000 = $380,000 - Expenses

Expenses = $380,000 - $40,000

Expenses = $340,000

3 0
3 years ago
Investments created to invest many people's money in many different firms are called:
Advocard [28]

B. money market funds

6 0
2 years ago
Read 2 more answers
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