AB1Purchase price per share$572Total commission$353Dividend at year 1$1.804 Dividend at second year$1.935Number of shares bought1006Total purchase price=B5*B17Purchase price with commission=B6+B28Selling price at the end of second year$599Total selling price|=B8*B510Commission on selling$4411Selling price net of commission=B9-B1012Total dividend in year 1=B3*B513Total dividend in year 2=B4*B514(a) Dividend yield at purchase=B12/B615(b) Dividend yield at sale=B13/B916(c) Total return|=B11+B12+B13-B717Holding period return18(d) Annualized holding period yield=B16/B7=(1+B17)^(1/2)-1

The objective of the question is to calculate the dividend yield at purchase, dividend yield at…

Answered: A B 1 Purchase price per share $57 2…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Name Symbol Close Net Chg Volume 52 Wk High 52 wk low Div Yield P/E YTD %Chg Gen Dyn GD 142.97 -0.47 1,375,410 153.76 121.61 3.04 2.13 15.39 11. W4.08 1. How many shares could you buy for $5,000? 2. What must be Gen Dyn's earnings per share? 3. What was the firms' closing price on the day before the listing?
Question 6: What is the earnings threshold over which an employee whose filing status is Married Filing Separately will be subject to the additional Medicare tax? Answer: А. O $117,000 В. O $125,000 С. O S200,000 D. O $250,000
A B FOR GRADIN PROBLEM 1 (5 POINTS) F G H Laurin Limited had 101,000 shars outstanding on Jan 1, Y4. On March 31, Y4 Laurin issued 23,000 shares in exchange for equipment On July 1, Y4 Laurin repurchased and cancelled 24,000 shares On October 31, Y4 Laurin declared and issued a 20% stock dividend REQUIRED Calculate Laurin's weighted average number of shares outstanding at Dec 31, Y4. Event Dates Outstanding Shares Fraction Weighted Outstanding Restatement of year Shares Beg bal 1/1-3/1 101,000 1.20 0.17 20,200 sold shares 3/1-7/1 124,000 1.20 0.33 49,600 repurchased 7/1 - 10/1 100,000 1.20 0.25 30,000 stock div 10/1 - 12/31 120,000 0.25 30,000 129,800
20Y6 20Y5 Net income Preferred dividends Average number of common shares outstanding $4,243,200 $2,855,360 564.000 564.000 128,000 shares 104,000 shares Determine the earnings per share for 20Y6 and 20Y5. b. Does the change in the earnings per share from 20Y5 to 20Y6 indicate a favorable of unfavorable trend? EX 13-1 Dividend per share Internal Insights Inc., a developer of radiology equipment, has stock outstanding as follows: 70,000 shares of cumulative preferred 2% stock, $60 par, and 100,000 shares of $10 par common. During its first four years of operations, the following amounts were distributed as dividends: first year, $49,000; second year, $132,000; third year, $146,000; fourth year, $160,000. Compute the dividend per share on each class of stock for each of the four years. OBJ. 3 EX 13-2 Dividend per share OBJ. 3 Lightfoot Inc., a software development firm, has stock outstanding as follows: 40,000 shares of cumulative preferred 1% stock, $125 par, and 100,000 shares of $150…
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Preferred stock Par value Sale price Flotationcost Annual dividend A $ 100 $ 101 $ 9.00 11% B 40 38 $ 3.50 8% C 35 37 $ 4.00 $ 5.00 D 30 26 5% of par $ 3.00 E 20 20 $ 2.50 9% Stock B Par value $ 40 Sale price $ 38 Flotation cost $ 3.50 Annual dividend 8% Dividend payment Proceed from sale Cost of preferred stock By using cell references calculate the dividend payment of preferred Stock B. By using cell references calculate the proceeds from sale of referred stock B. By using cell references calculate the cost of preferred stock B.

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