Answer:
None of the choices are correct
Explanation:
We use the par value of stock to determine the dividend instead of the market value of stock.
<u><em>Dividend Calculation :</em></u>
Dividend = 35,000,000 shares x $1 x 1%
= $350,000
<u><em>Journal :</em></u>
Debit : Dividend $350,000
Credit : Cash $350,000
Answer: cool i like this song!
Explanation:
spongebob is a classic
Answer:
$28.18
Explanation:
Use dividend discount model to answer this question.
Current dividend ; D0 = 3.40
growth rate; g = 2.2% or 0.022 as a decimal
D1 = D0(1+g)
D1 = 3.40(1.022)
D1 = 3.4748
Since you are buying the stock next year, calculate dividend at year 2 which you would use in the formula to find next year's price (P1) ;
D2 = D1(1+g)
D2 = 3.4748 (1.022)
D2 = 3.5512
Next year's price; P1 = D2 / (r-g)
P1 = 3.5512 / (0.148 - 0.022)
P1 = 28.1841
Therefore, you will pay $28.18
<span>Work Breakdown Structure.</span>
Answer:
The correct answer is letter "D": deducted to arrive at an employee's net pay.
Explanation:
Federal income taxes represent the main monetary resource from where the government can fund its diverse projects. These sources are also allocated to deal with common social issues such as building highways, improving education or funding social programs such as Medicare.
When it comes to wages,<em> the federal income taxes are deducted from the gross income of workers resulting in their net payment which is the actual amount of money employees see in their checks</em>.
