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inna [77]
2 years ago
10

Stock in Trochel Office Supplies trades at $72.40 per share and pays a yearly dividend of $6.92 per share. If David owns stock i

n Trochel Office Supplies worth $6,443.60, how much does he get paid in yearly dividends? a. $678.16 b. $931.16 c. $615.88 d. $560.52 Please select the best answer from the choices provided A B C D
Business
1 answer:
Naddika [18.5K]2 years ago
5 0

Answer:

c. $615.88

Explanation:

David owns a total 6,443.6

Each share value is 72.40

We have to divide his amount over the cost of each share to know how many shares David has.

$ 6,443.60 total investment / $72.40 per share= 89 shares

Trochel Office Supplies pays 6.92 dollars per share

Therefore, total dividends paid to David:

89 shares x 6.92 dollars = $ 615.88 total dividends

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Match the following theories to their best descriptive statements: A. Cost benefit analysis for finding the best possible result
mariarad [96]

Answer:

A-1 B-3 C-4 D-2

Explanation:

The description given in option A fits utilitarianism which is an ethical term describing a decision where the best outcome for the largest possible number of people is considered the solution.

The description given in option B fits social contract which desribes accepting the authority of the state and deciding on basic principles so that the society can exist.

The description given in option C fits virtue ethics which is a field of ethics that discusses virtues such as honesty.

The description given in option D fits deontology which is an ethical theory that suggests that each action should be examined if it is good or bad by following certain rules.

I hope this answer helps.

7 0
2 years ago
On January 1, 2017, Christel Madan Corporation had inventory of $56,000. At December 31, 2017, Christel Madan had the following
lara [203]

Answer:

Gross Profit = $304,050

Operating expenses = $162,050

Explanation:

The computation of gross profit and operating expenses is shown below:-

Net purchases = Purchase - Purchase discounts - Purchase returns and allowances

= $505,500 - $7,250 - $3,500

= $494,750    

Cost of goods sold = Net purchases + Freight-in + Inventory + Ending inventory

= $494,750 + $4,100 + $56,000 - $66,000

= $488,850    

Gross profit = Net sales - Cost of goods sold

= ($810,000 - $5,100 - $12,000) - $488,850

= $304,050

Operating expenses = Gross profit - Net income

= $304,050 - $142,000

= $162,050

7 0
2 years ago
MJ LTD is expected to grow at various rates over the next five years. The company just paid a $1.00 dividend. The company expect
Black_prince [1.1K]

Answer:

$21.859

Explanation:

According to the scenario, computation of the given data are as follow:-

Present Value = D0 × (1 + growth rate)^time ÷ (1 + Required Rate of Return)^time period

1st Year PV = $1 × (1 + 0.20)^1 ÷ (1+ 0.12)^1

                  = 1.20 ÷ 1.12

                 = 1.071

2nd Year PV = $1 × (1 + 0.20)^2 ÷ (1+ 0.12)^2

                   = $1 × (1.44) ÷ 1.254

                  = $1.148

3rd Year PV = $1 × ( 1 + 0.20)^2 × (1 + 0.10) ÷ (1 + 0.12)^3

                    = $1 × (1.44) × (1.10) ÷ 1.405

                     = $1.127

4th Year PV = $1 × ( 1 + 0.20)^2 × (1 + 0.10)^2 ÷ ( 1 +0.12)^4

                    = $1 × (1.44) × (1.21) ÷ 1.574

                     = $1.107

5th Year PV = $1 × (1 + 0.20)^2 × ( 1 +0.10)^3 ÷ (1 + 0.12)^5

                     = $1 × (1.44) × (1.331) ÷ 1.762

                     = $1.088

6th Year PV = $1 × (1 + 0.20)^2 × (1 + .10)^3 × (1.05) ÷ [(0.12 - 0.05) × (1+.12)^5]

= $1 × (1.44) × (1.331) × (1.05) ÷ (0.07) ×  (1.762)

= $2.012 ÷ 0.1233

= $16.318

Now

Share’s Current Value is

= $1.071 + $1.148 + $1.127 + $1.107 + $1.088 + $16.318

= $21.859

We simply applied the above formula

5 0
2 years ago
The xyz company has two offices, one in chicago, and a brand new office in pittsburgh. to connect the two offices, they will nee
ikadub [295]
<span>You would want to get a broadband internet based phone that's based off a Linksys modem system. A multiple line phone per employee/contractor with voice mail capacities would be a must. For contracted employees (those who work for the business, but are not office-based) need mobile cell phones with the internet, email, and group and individual capabilities so they can be reached easily.</span>
7 0
2 years ago
Edie is coming up on her thirtieth year as a bus driver. Recently her company told her that she would be required to retire with
Ann [662]

Answer:

D) According to the Age Discrimination in Employment Act, Edie can be required to retire at a certain age, because she is in an occupation where evidence exists that ability to perform the job diminishes significantly with age.

Explanation:

Since in the question it is mentioned that edie wants to fight the rulling that depend upon the age discrimination so here we considered the option d as in that it is given that edie needs to retire at the specific age as she belongs from occupation in which the evidence is existed that shows the capability to perform the job which reduced within the age

3 0
1 year ago
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