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liq [111]
3 years ago
12

On April 11 of the current year, Zack Corporation had a market price of $48 per share of common stock. Its par value was $10 per

share. For the previous year, Zack paid an annual dividend of $3.90 per share. Zack's gross revenues and net income was $5,000,000 and $2,500,000, respectively. The dividend yield for Zack Corporation would be:_________a) 8%.b) 0.8%.c) 39%.d) None of these choices are correct.
Business
1 answer:
ki77a [65]3 years ago
4 0

Answer:

8%

Explanation:

Dividend yield is a measure of business performance, used by investors which compares dividend paid by a stock to its market share.

Given the above information,

Dividend yield = $3.90/$48 × 100 = 8.13%

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Connor Corp. has large amount of data that they are trying to analyze from the last 15 years. They have an arithmetic sales grow
viva [34]

Answer: sale growth rate = 10.82%

Explanation:

blume's formula = ((t - 1)/(n - 1 )) x arithmetic r + geometric r x (n - t)/(t - 1)

blume formula =  ((5 -1 )/(15 - 1)) x 0.09 + 0.12 x (15- 5)/ (5 - 1)

Blume formula = 10.82%

3 0
3 years ago
You believe that the future value of the Australian dollar will be determined by purchasing power parity (PPP). You expect that
IgorLugansk [536]

Answer:

The expected spot rate of the Australian dollar in one year = 1.28 AUD per USD

Explanation:

The Current spot rate of Australian dollar against US Dollar

= \frac{1}{0.81} AUD /USD

= 1.234 AUD per USD.

Inflation rate in Australia = 6%

Inflation in the US = 2%

Percentage change in Australian currency

=\frac{(1+0.06)}{(1+0.02)} -1

=0.039 = 3.9 %

Thus, the spot exchange rate of AUD 1 year from now will be

(1+0.039)*1.23 = 1.28AUD per USD.

7 0
3 years ago
Friendly’s Quick Loans, Inc., offers you $8.25 today but you must repay $10.45 when you get your paycheck in one week (or else).
Ivahew [28]

Answer:

1,386.67%

Explanation:

Loan Amount = $8.25

Repayment Amount = $10.45

Hence,

Interest for a week = Repayment Amount - Loan Amount

                                = $10.45 - $8.25

                                = $2.2

Interest percentage for a week:

= \frac{Interest\ for\ a\ week}{Loan\ Amount}\times100

= \frac{2.2}{8.25}\times100

= 26.66% (approx)

Number of weeks in a year = 52

Therefore,

Effective annual return:

=  Interest percentage for a week ×  Number of weeks in a year

= 26.66% × 52

= 1,386.67%

Hence,  effective annual return Friendly’s earns on this lending business is 1,386.67% .

APR you are paying 1,386.67%.  

3 0
3 years ago
"In a new margin account, a customer buys 1,000 shares of ABC stock at $40 per share. The stock rises to $45 during the next wee
laiz [17]

Answer: SMA Balance $40000

Explanation:

the Special Memorandum Account(SMA) Balance will remain at $40000 (1000 x $40). The SMA Balance does not decrease when the market value of the security decrease

3 0
3 years ago
Read 2 more answers
A company normally sells its product for $20 per unit. However, the selling price has fallen to $15 per unit. This company's cur
nata0808 [166]

Answer:

$200 (a deduction)

Explanation:

The accounting standard for inventories IAS 2 requires that inventory be carried at the lower of cost or net realizable value. Inventory will initially be recognized at the cost ( which includes the cost of the item and other associated cost such as freight ). However, its carrying amount must be reviewed to ensure it is not higher than the realizable value.

Given that the selling price is now $15 which is lower than the cost of $16, it means that the amount that can be realized from the sale of a unit is $15.

= $16 - $15

= $1

As such, an adjustment in form of a reduction of the carrying amount of $1 per unit is required. The amount of the lower cost of market adjustment the company must make as a result of this decline in value

= $1 × 200 units

= $200 (a deduction)

8 0
3 years ago
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