The dividend will be $4.015
<u>Explanation:</u>
The given data is: Initial dividend given is = $3 and growth rate given is = 6%
the following formula is used in order to calculate the dividend
dividend at time 5 = d0 multiply with (1+growth rate) power 5
= $3.00 multiply with (1+0.06) power 5
=>$3.00 multiply (1.33822558)
=>$4.015 (rounded to two decimals).
<u>Note :</u> The dividend is the amount that is paid by the company to its shareholders. The amount of dividend may vary from year to year depending upon the profitability level of the company that it earned during the year.
Answer:
<u>Theory Y.</u>
Explanation:
Created by Douglas McGregor in 1960, Theory Y corresponds to managers' positive view of an organization's employees.
Some assumptions of Theory Y are:
- Each employee can use self-direction and self-control to achieve organizational goals, rather than requiring threats and external control to accomplish tasks.
- The employee is able to learn and gain responsibility.
- Each employee has a set of skills and abilities that translate into creativity to aid in organizational problem solving.
- If the employee considers his work satisfactory he will have commitment and loyalty to the organization.
Answer:
A career is the job or profession that someone does for a long period of their life.
Explanation:
Answer:
The journal entry is as follows:
Cash A/c Dr. $51.45
To Paid in capital in excess of par value A/c $51.42
To Common shares A/c $0.03
(To record the sale of the shares)
Note: The amount mentioned in debit and credit column in the above journal entry are in the millions of dollar.
Workings:
Cash = Shares sold × shares closing price
= $3 million × $17.15
= $51.45 million
Common shares = Shares sold × Par value per share
= $3 million × $0.01
= $0.03 million
Paid in capital in excess of par value = Cash - Common shares
= $51.45 - $0.03
= $51.42
Answer:
No
Explanation:
Katie's opportunity cost is too high. She is giving up more money at the dental practice than the $100 she would be saving by making the pastries from hand instead of ordering them from the caterer. The group should continue to order the pastries and split the cost among all the friends so each person's share is lower.
