1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
yanalaym [24]
3 years ago
10

Northrup-Grumman Corporation is expected to pay $1.25 per share for its next dividend. If shares are trading at $27.22 and analy

sts expect common dividends to grow at 2.4%, what is the return on common shares?
Business
1 answer:
hammer [34]3 years ago
3 0

Answer:

the  return on common shares is 6.99%

Explanation:

The computation of the return on common shares is shown below:

= Dividend ÷ Stock price + growth rate

= $1.25 ÷ $27.22 + 2.4%

= 6.99%

hence, the  return on common shares is 6.99%

We simply applied the above formula so that the correct value could come

And, the same is to be considered

You might be interested in
Dollar Co. sold merchandise to Pound Co. on account, $25,500, terms 2/15, net 45. Pound Co. paid the invoice within the discount
aniked [119]

Answer:

$24,990

Explanation:

2/15 net 45 means that if the customer pays within the period of 15 days, he will get the discount of 2% of invoice amount, otherwise he has to pay the whole amount of invoice within the period of 45 days.

In the given scenario, since the Pound Co. has paid the invoice within the discount period, so therefore, the Pound Co. has availed the discount of 2% and accordingly the sales amount shall be recorded as follows:

Sales amount=Invoice amount*98%

                       =$25,500*98%

                       =$24,990

8 0
3 years ago
Retailers of all sizes can explore cpfr as a strategic option, but in order to be scalable, ________ is needed.
MariettaO [177]
Technology is needed.
6 0
3 years ago
Sunland Corporation purchased a limited-life intangible asset for $468000 on May 1, 2019. It has a useful life of 10 years. What
Jobisdone [24]

Answer: $124800

Explanation:

First, we have to calculate the ammortization expense which will be:

= $468000 / 10

= $46800

May 2019 = ($46800 × 8/12)

= $31200

December 2020 = $46800

December 2021 = $46800

Ammortization expense will now be:

= $31200 + $46800 + $46800

= $124800

8 0
3 years ago
Data used in budgeting: Fixed element per month Variable element per tenant-day Revenue - $ 34.50 Wages and salaries $ 2,500 $ 7
zheka24 [161]

Answer:

$4,001 unfavorable

Explanation:

The computation of the revenue variance is shown below:

Revenue variance = Revenue at Flexible budget - Actual revenue

where,

Revenue at flexible budget is

= 3,630 × $34.50

= $125,235

And, the actual revenue is $121,234

So, the revenue variance is

= $125,235 - $121,234

= $4,001 unfavorable

We simply deduct the actual revenue from the flexible budget revenue so that the revenue variance could come

3 0
3 years ago
During the current month, Ringling Company incurs the following manufacturing costs:
melisa1 [442]

Answer:

Part a

Debit  : Raw material $4,200

Credit : Accounts Payable $4,200

Part b

Debit  : Salaries $18,000

Credit : Salaries Payable $18,000

Part c

Debit  : Factory utilities $2,200

Debit  : Factory Insurance $1,800

Debit  : Depreciation  $3,500

Credit : Overheads $7,500

Explanation:

The journal entries for each type of manufacturing cost have been prepared above.

7 0
3 years ago
Other questions:
  • The consumer price index for Planet Econ consists of only two items: books andhamburgers. In 2010, the base year, the typical co
    15·1 answer
  • Javier, a homeowner, files a lawsuit against dean, his construction contractor. they meet with their attorneys to try to resolve
    9·1 answer
  • A bc subteam called the ____ is responsible for establishing the core business functions needed to sustain critical business ope
    5·1 answer
  • Henry runs moonlight café, a world renowned fast-food restaurant, in his locality. he started the restaurant after getting a lic
    14·1 answer
  • Primo, Inc. issued $50,000, 5-year, 7% bonds that pay interest annually on January 1 when the going market interest rate was 6%.
    6·1 answer
  • Assume Maine Line Railway is considering hiring a reservations agency to handle passenger reservations. The agency would charge
    6·2 answers
  • You have $22,000 to invest in a stock portfolio. Your choices are Stock X with an expected return of 11 percent and Stock Y with
    11·1 answer
  • A Las Vegas hotel want to provide to bear experience for a rep for its rapidly growing custom made base from China at the hotel
    10·1 answer
  • Which of the 4 P's focuses on communicating the value proposition?
    13·1 answer
  • when comparing a retail business to a service business, the financial statement that changes the most is the
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!