Answer: 2.4%
Explanation:
Cash dividend = $0.85
Earnings per share = $3.50
Market price per share = $35.50
The dividend yield will be calculated as:
= Cash dividends / Market price per share
= $0.85 / $35.50
= 0.024
= 2.4%
The dividend yield is 2.4%.
The income statement shows a detailed picture of the transactions of all revenue and expenses. The income summary account then summarizes these figures in order to produce the statement of retained earnings. Both the income statement and income summary show the revenue and expenses of a company.
Answer:
Project Y = -$1,825.80
Project Z = $4,148.00
Explanation:
Calculation are as attached in the file
A customer who is long 1 OEX may 315 call exercises the contract on this day. the customer will receive $58.00. Option A
This is further explained below.
<h3>What is called exercises?</h3>
Generally, If you possess a call option and the current stock price is greater than the strike price, it makes financial sense for you to execute your call option at this time.
You are able to make a profit by purchasing the stock at a lower price so that you can either instantly resell it to the market at a higher price or keep it for the long term.
In conclusion, On this day, a client who is long 1 OEX and has a 315 call option on the contract may execute it. The total amount that the client will get is $58.00. Alternative A
Read more about call exercises
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Answer: General Leger account balances aggregate data to determine payroll costs
.
The account balances form the basis for accounting reports.
Explanation: a General ledger is defined as the central accounting record of a company or organization consisting of the accounts that support the value items shown in the major financial statements.
The general ledger provides information of accounting reports which in turn is used to balance aggregate data to determine payroll costs
.
