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Elena L [17]
2 years ago
14

The Lost Continent Store pays a constant dividend. Last year, the dividend yield was 5.75 percent when the stock was selling for

$67.5 a share. What must the stock price be today if the market currently requires a 5.25 percent dividend yield on this stock?
Business
1 answer:
lozanna [386]2 years ago
3 0

Answer:

The stock price today must be $73.92

Explanation:

Price last year = $67.5  

Dividend yield = 5.75%  

Dividend yield = Dividend / Price of the stock

Dividend = Dividend yield * Price of the stock

Therefore,  dividend for last year = 67.5*5.75% = 3.8813

Dividend yield for now = 5.25%

Therefore price today = Dividend for last year / Dividend yield for now

= 3.8813 / 5.25%

= 73.9295

=$73.92

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An artist who uses a spontaneous, less fussy approach to painting can be said to be using the ____________ technique
Scilla [17]
The technique that the artist is using could be described as the alla prima technique in which it is often used in paintings such as the oil paintings. It is a painting technique that uses wet paint to be able to give out its spontaneous and fuzzy look. The wet paints that are being applied to the portrait has many layers to show its structure or the beauty of the technique.
3 0
2 years ago
Jeremy is studying the effects of income on the demand for Greek ceramics. If "ceteris paribus" is used, which factors would be
aliya0001 [1]

Answer:

B) all factors affecting demand, except income

Explanation:

Ceteris paribus can be used to identify the relationship between two specific variables, while leaving all other factors constant. In this case, since Jeremy is studying the effects of income on the demand (of anything really, not only Greek ceramics), it should affect all factors affecting demand except income. Jeremy is going to analyze how the quantity demanded changes when the income changes, all other things constant.

8 0
2 years ago
Robinson Company purchased Franklin Company at a price of $2,500,000. The fair market value of the net assets purchased equals $
Fed [463]

Answer:

Explanation:

Goodwill is defined as the excess in amount of the purchase price of a company over the fair value at acquisition.It is intangible in nature , meaning it can not be physically separated from the other assets. Example are patent , brand name , good employee relation.

1.

Goodwill calculation

Purchase price - $2,500,000

Fair value -          $1,800,000

Goodwill -               $700,000        

2.

No

Under the IAS 36, impairment of assets , goodwill is not amortized but annually tested for impairment as amortization is applicable to intangible assets with a definite useful life while intangible assets with indefinite useful life are annually tested for impairment to evaluate a loss in value experienced.

3

No

Under IAS 38 , Internally generated goodwill are not recognized as no related cost is incurred towards achieving a future benefit

7 0
2 years ago
Your Insurance company bills you $687.89 every 6 months for your premium payments. You decide to pay per month.
eimsori [14]

Answer:

$114.65

Explanation:

If you divide $687.89 by 6 months you'll get $114.64833333333333333 but if you simply you'll get 114.65 and you'll only pay $0.11 over.

3 0
2 years ago
At the beginning of 2009, Glass Manufacturing purchased a new machine for its assembly line at a cost of $600,000. The machine h
nikdorinn [45]

Answer:

A. $55,000.

Explanation:

The cost of the new machine in 2009 is $600,000

The residual value was $50,000

Useful life is ten years

Under the straight-line depreciation method, the depreciation amount in 2020  will be

The depreciable amount the machine cost - residual value

= $600,000 - $50,000

= $550,000

The depreciation rate will be 1/10 year x 100 = 10%

depreciation per year will be 10% x 555,000

=10/100 x 550,000

=$55,000

Depreciation 2010, the second year will $55,000 since the depreciation amount is a constant figure under the straight-line method.

8 0
2 years ago
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