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Semmy [17]
2 years ago
9

Dividend yield. BMM Industries pays a dividend of $2 per quarter.The dividend yield on its stock is reported at 4.8%. What is th

e stock price?
Business
1 answer:
Fittoniya [83]2 years ago
6 0

Answer:

stock price = 166.667

Explanation:

given data

dividend = $2 per quarter

dividend yield = 4.8%

to find out

What is the stock price

solution

we know that Dividend =  $2 per quarter  = 2 × 4 =  $8 per annual  

and dividend yield on the stock is given =  0.048

so stock price will be here as

stock price = \frac{Dividend}{dividend\ yield}   ................1

put here value we get

stock price = \frac{8}{0.048}

stock price = 166.667

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While _______ decisions will generally need to be processed via the ______ system in our brains in order for us to reach a good
leonid [27]

Answer:

A. Nonprogrammed; reflective; programmed; reactive

Explanation:

Programmed decisions are those which occur more frequently and are quickly executed, almost instinctly, without needing much of a thought process, by what we call the reactive system.

Nonprogrammed decisions are those that present unusual or new situations and require a deeper reflection and understanding of the issue. Those are processed via the reflective system in the brain.

Therefore, the correct answer is A. Nonprogrammed; reflective; programmed; reactive

5 0
2 years ago
Read 2 more answers
If the roof a property cost $14,000 and its economic life is 18 years, what would its value be after four years using a straight
tester [92]
<span>Given:
 Cost of the roof of a property = $14,000
 Economic life = 18 years
   To find: value after 4 years using straight-line depreciation method. Solution:
  Loss of value per year = cost of roof of property / economic life of property

14000/18 = $777.78
   Every year, value of property is getting depreciated by $777.78.
   So, value after four years is calculated below:

   Value after 1 year = $(14000 - 777.78) = $13222.22
 Value after 2 year = $(13222.22 - 777.78) = $12444.44
 Value after 3 year = $(12444.44 - 777.78) = $11666.66
 Value after 4 year = $(11666.66 - 777.78) = $10888.88
   Value after four years = $10888.88</span>
6 0
2 years ago
Bass Clef Music Company assigns workers to departments based on similar skills. Currently, the company has a marketing departmen
crimeas [40]

Answer: Function.

Explanation:

The Bass Clef Music Company has formed departments by function they perform, such as; the marketing, production, finance etc. The function a department plays in an organization is the specific problem that department helps the organization to solve or the specific role that department carries out in the organization.

3 0
2 years ago
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In March, stockholders of Herbalife Nutrition approved a 3-for-2 stock split. After the split, how many shares of Herbalife stoc
Anna11 [10]

Answer:

600 shares

Explanation:

If a 3-for-2 stock split will take place, for every 2 stocks that an investor has, he will receive three stocks. So this specific investors who owns 400 stocks will receive:

(400 / 2) x 3 = 200 x 3 = 600 stocks.

After the 3-for-2 stock split, the company will have 50% more stocks outstanding and the price of each stock should be reduced by one third. So the investor shouldn't earn any profit from this split since the market value of the investment should remain about the same (stock prices change daily whether the split takes place or not).  

4 0
2 years ago
A local finance company quotes a 17 percent interest rate on one-year loans. So, if you borrow $20,000, the interest for the yea
Sonbull [250]

Answer:

1. Is this a 17 percent loan?

  • No, the loan charges a much higher interest rate

2. What rate would legally have to be quoted?

  • 30%

3. What is the effective annual rate?

  • 34.49%

Explanation:

effective annual rate = (1 + i/n)ⁿ - 1

using a financial calculator, i = 30% (PV = 20,000, PMT = -1,950, Nper = 12, FV = 0)

monthly interest rate = 2.5%

effective annual rate = (1 + 0.30/12)¹² - 1 = (1 + 0.025)¹² - 1 = 1.3449 - 1 = 0.3449 = 34.49%

APR (legal rate) = 2.5% x 12 = 30%

3 0
2 years ago
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