Answer:
Annual Dividend Amount is approximately $0.85
Explanation:
Dividend yield = Annual Dividend Amount / Current selling price
∴ Dividend yield * Current selling price = Annual Dividend Amount
Annual Dividend Amount = $36.75 * 2.3%
=$36.75 * 0.023
=$0.84525
Annual Dividend Amount = $0.85 (approximately)
Answer:
True
Explanation:
Partnerships are not taxed as individual entities, they work as pass through entities where the partners must report any gains or losses on their personal income filings.
In this case, since Aaron owns 25% of Eagle Company, any loss or gain that Eagle company has will be passed to Aaron in the same percentage. Since Eagle had a $10,000 short term capital loss, $2,500 ($10,000 x 25%) of the loss will pass to Aaron.
It is an elastic good and to increase the revenue, the producer should decrease the price of the good.
<u>Explanation:</u>
The good that has a price elasticity of demand with a coefficient of 1.6, the good is said to have elastic demand. For such a good, the producer should decrease the price of that good to increase its revenue. With the decrease in the price, the demand of the good will increase significantly. This will help him increase his revenue.
The recorded cost of the machinery should be =40,000 (down payment) + 40,000 *4 = 200,000
Since there is no interest payment, the recorded cost of the machinery = $200,000
