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slava [35]
3 years ago
8

On February 1, you bought 100 shares of stock in the Francesca Corporation for $42 a share and a year later you sold it for $46

a share. During the year, you received a cash dividend of $1.20 a share. Compute your HPR and HPY on this Francesca stock investment. Round your answer for HPR to three decimal places. Round your answer for HPY to one decimal place
Business
1 answer:
Luden [163]3 years ago
6 0

Answer:

12.381%

Explanation:

For computing HPY and HPR, the formula is same which is given below:

The formula to compute the HPY is shown below

= Dividend income + (Selling price - purchase price) ÷ purchase price

= ($1.20 + $46 per share - $42 per share) ÷ $42 per share

= ($1.20 + $4 per share)  ÷ $42 per share)

= $5.20 per share ÷ $42 per share

= 12.381%

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Financial barriers to healthcare are a huge concern to people around the world. describe three (3) organizations who provide fin
Vlada [557]

These are some of the organizations that provide financial assistance to healthcare: 

1. NeedyMeds, Inc. 

T<span>his is a national non – profit organization that provides free information to </span>those<span> people who cannot afford the medications. </span>T<span>his organization aims on providing affordable healthcare to </span>people. They also provide discount cards for medicine accepted in over 65,000 pharmacies. 

2. Partnership for Prescription Assistance 

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3. RxHope 

T<span>his organization provides an advocate and facilitator in getting the people's medications for free or at a small amount.</span>

4 0
3 years ago
Factors influencing the rate of elimination of alcohol include _________.
pychu [463]
The correct answer is C
3 0
3 years ago
Read 2 more answers
Becton Labs, Inc., produces various chemical compounds for industrial use. One compound, called Fludex, is prepared using an ela
8_murik_8 [283]

Answer:

1) Direct Materials

Price Variance = $138,474 (F)

Usage Variance = $82,800 (F)

2) Direct Labor

Direct Labor Price = $9,102  (F)

Direct Labor Usage = $4,800  (F)

Explanation:

Material Price Variance = ( Standard price - Actual price) * Actual Quantity purchased

                                      = ($20 - $5.30) *9,420

                                      = $138,474 (F)

Actual Price = $49,926/9,420 = $5.30

Material Usage Variance = ( Standard Quantity - Actual Quantity ) * Standard Price

                                         = ( 11,960 - 7,820 ) $20

                                        =$82,800 (F)

Standard Quantity = 2.60 *4,600 = 11,960

Actual Quantity used = 0+9,420-1,600 = 7,820

Direct Labor price Variance = ( Standard Rate - Actual Rate) * Actual Hours worked

                                             = ($16-$12.30) * 2,460

                                             = $9,102  (F)

Actual time = 61.50*40 = 2,460

Usage variance = ( Standard time - Actual time ) * Standard rate

                          = ( 2,760 - 2,460) $16

                         = $4,800  (F)

Standard time = 0.60 *4,600 = 2,760

3 0
3 years ago
Differential Chemical produced 14,000 gallons of Preon and 28,000 gallons of Paron. Joint costs incurred in producing the two pr
Sveta_85 [38]

Answer: $4680

Explanation:

The joint cost allocated to Preon will be calculated below as:

Preon's value will be:

= 14000 × $6.00

= $84000

Paron's value will be:

= 28000 × $2.00

= $56000

Total value = Preon's value + Paron's value

= $84000 + $56000

= $140000

The joint cost allocated to Preon will be

= 7800 × 84000/140000

= $4680

3 0
3 years ago
The MedTech Company recently reported net profits after taxes of ​$15.8 million. It has 2.5 million shares of common stock outst
oksian1 [2.3K]

Answer:

EPS 5.92

dividend yield: 3.33%

payout ratio: 0.3378

Explanation:

<em><u>Earnings per share:</u></em>

EPS = (income - preferred dividends) / common stock utstanding

EPS = (15,800,000 - 1,000,000)/ 2,500,000 = 5.92

<em><u>dividend yield:</u></em>

dividend per share / market price

$2.00 / $60.00 = 0.03333 = 3.33%

<u><em>payout ratio: </em></u>

dividends per share / earning per share

2 / 5.92 = 0,3378

7 0
3 years ago
Read 2 more answers
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