A stock quote indicates a stock price of $92 and a dividend yield of 3%. The latest quarterly dividend received by stock investors must have been $2.76 per share.
To calculate the latest quarterly dividend received per share, we can use the dividend yield. The dividend yield is expressed as a percentage of the stock price. In this case, the dividend yield is 3%.
To find the dividend per share, we can multiply the dividend yield by the stock price.
Dividend per share = Dividend yield * Stock price
Dividend per share = 3% * $92
Dividend per share = 0.03 * $92
Dividend per share = $2.76
Therefore, the latest quarterly dividend received by stock investors must have been $2.76 per share.
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The stock's dividend yield of 3% implies that investors received an annual dividend of $2.76 per share. Since dividends are usually paid quarterly, the latest dividend should have been $0.69 per share.
Explanation:The student's question is asking, 'A stock quote indicates a stock price of $92 and a dividend yield of 3%. The latest quarterly dividend received by stock investors must have been____per share.' To answer this, we need to understand what a dividend yield is. The dividend yield indicates the payout investors get for each dollar they invest in a company's stock. Therefore, the annual dividend payout is the stock price multiplied by the dividend yield, which in this case would be $92 * 3% = $2.76. Since dividends are usually paid out quarterly, the latest quarterly dividend would be $2.76 divided by 4 which equals $0.69 per share.
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the intent behind the statute of frauds is to: select one: a. protect licensees from sellers who try and cheat licensees out of duly earned commissions b. put real estate transactions in writing c. protect the public from fraudulent actions by licensees d. prevent sellers from lying about property defects to prospective buyers
The intent behind the statute of frauds is b. put real estate transactions in writing
The statute of fraud is a legal principle that requires certain contracts, including real estate transactions, to be in writing to be enforceable. It is designed to ensure that important agreements are documented in writing to prevent misunderstandings and fraudulent claims. This is particularly important in real estate transactions, where significant amounts of money and property are involved.
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Protective covenants should blank______ the costs of bankruptcy. multiple choice question. eliminate reduce increase
Protective covenants should blank should reduce the costs of bankruptcy.
Protective covenants are contractual provisions included in loan agreements or bond issuances to protect the interests of lenders or bondholders. These covenants aim to reduce the risk of default and protect the lenders' investments. One important aspect of protective covenants is to mitigate the costs of bankruptcy.
The correct answer is (b) reduce. Protective covenants are designed to reduce the likelihood of default and the subsequent need for bankruptcy proceedings. By imposing certain restrictions and requirements on the borrower, such as maintaining a certain level of financial performance, limiting additional debt issuance, or providing regular financial reporting, protective covenants help ensure the borrower's financial stability and increase the likelihood of debt repayment.
By reducing the risk of default and bankruptcy, protective covenants can ultimately lower the costs associated with bankruptcy, such as legal fees, restructuring expenses, and potential losses for the lenders. They provide an additional layer of protection for the lenders, helping to safeguard their investments and minimize the potential negative consequences of a borrower's financial distress.
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corporate strategy establishes: question 13 options: how domains such as marketing will operate to achieve strategic goals how individual businesses will operate what industries and businesses the firm will compete how individuals will progress through the corporation the defensive use of technology in the firm
Corporate strategy establishes how industries and businesses the firm will compete.
1. Corporate strategy refers to the overall plan and direction set by a company to achieve its long-term goals and objectives. 2. One important aspect of corporate strategy is determining the industries and businesses in which the firm will compete. This involves making strategic decisions about the markets and sectors the company will enter or exit.
3. These decisions are based on various factors, such as market analysis, competitive advantage, and the company's resources and capabilities. 4. By identifying the industries and businesses it will compete in, the firm can allocate its resources effectively, develop appropriate marketing strategies, and make informed decisions about product development, pricing, distribution, and other business functions. 5. Corporate strategy also helps align the organization's activities and resources with its strategic goals, enabling it to focus its efforts on areas that are most likely to contribute to its success.
In summary, corporate strategy establishes the industries and businesses in which the firm will compete. It guides the company's decision-making process and helps allocate resources to achieve its strategic goals
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A difficulty with back orders, even when the customer waits, can be ____________.
A difficulty with back orders, even when the customer waits, can be the delayed delivery of the desired product. When a customer places an order for a product that is currently out of stock, the company may need to place a back order, which means reserving the product for future delivery once it becomes available again.
However, there can be challenges associated with back orders that may result in a delay in delivering the product to the customer.
One potential difficulty with back orders is the uncertainty regarding the timeline for when the product will become available. This can be due to various factors such as manufacturing delays, supply chain disruptions, or unexpected high demand for the product. As a result, even if the customer is willing to wait for the product, there is no guarantee of when it will actually be delivered.
Another challenge with back orders is the possibility of product substitutions or cancellations. In some cases, the company may not be able to fulfill the original order exactly as requested. This can occur when the supplier is unable to provide the specific product variant or when the company decides to discontinue the product altogether. In such situations, the customer may be offered an alternative product or given the option to cancel the order.
Furthermore, back orders can lead to customer dissatisfaction and negative experiences. Waiting for an extended period of time without receiving the desired product can result in frustration and disappointment. Customers may lose trust in the company's ability to fulfill their orders and may seek alternative options or even cancel their orders altogether.
To mitigate the challenges associated with back orders, companies can take proactive steps such as improving supply chain management, providing regular updates to customers about the status of their back orders, and offering compensation or incentives to customers who experience delays. By addressing these difficulties, companies can strive to enhance customer satisfaction and maintain a positive reputation in the marketplace.
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payments are payments the government makes to households and businesses that do not require an exchange of productive activity.
Payments that the government makes to households and businesses without requiring a productive activity exchange are known as transfer payments. These payments are designed to provide financial support or assistance to individuals and businesses in need, rather than being directly tied to any specific work or service provided.
Transfer payments can take various forms, such as social security benefits, unemployment benefits, welfare payments, and subsidies to businesses. These payments aim to address social and economic challenges by redistributing income and providing a safety net for individuals and businesses facing financial difficulties.
For example, unemployment benefits are transfer payments that support individuals who are out of work and actively seeking employment. These payments help cover living expenses and provide temporary financial support until the recipient finds a new job.
Another example is subsidies given to businesses to encourage growth and development in certain industries. These transfer payments can help businesses invest in research and development, expand their operations, or adopt environmentally-friendly practices.
In summary, transfer payments are government payments to households and businesses that do not require a direct exchange of productive activity. They serve to provide financial assistance, support economic stability, and address social challenges.
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