Business

25 July, 10:56

Your portfolio is 100 shares of Sunny Morning, Inc. The stock currently sells for $98.64 per share. The company has announced a dividend of $3.72 per share with an ex-dividend date of April 19. Assuming no taxes and no news or other surprises, how much do you expect your shares to be worth in total on April 19? {Do not include the dollar sign ($).)

+2

Answers (1)

Know the Answer?

Not Sure About the Answer?

Find an answer to your question 👍 “Your portfolio is 100 shares of Sunny Morning, Inc. The stock currently sells for $98.64 per share. The company has announced a dividend of ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.

Search for Other Answers

You Might be Interested in

A financier plans to invest up to $600,000 in two projects. Project A yields a return of 9% on the investment x dollars, whereas project B yields a return of 16% on the investment of y dollars.

What is a sales lead? A. An employee on the customer service team who deals with existing customers B. A sales person who works on a residual commission structure C. An expert in Maslow's hierarchy of needs D.

You can best show a business your interest in their job position through:A. a cover letter. B. an application. C. a resume. D. social media.

Kelly and Jordan are writing a term paper together on the concept of "faithful representation" in the financial statements. Kelly is assigned the task of defining it in the context of an amount being an estimate.

Suppose the Carolina Panthers football team lowers ticket prices by 20 percent and, as a result, the quantity of tickets demanded increases by 25 percent. This response means that the demand for tickets is: A. perfectly elastic. B. elastic. C.

New Questions in Business

Paul Swanson has an opportunity to acquire a franchise from The Yogurt Place, Inc., to dispense frozen yogurt products under The Yogurt Place name. Mr. Swanson has assembled the following information relating to the franchise:a.

You spend $5 on materials to make a scarf. You think you have added $10 of value, so you set the price to $15. Nobody buys the scarf at that price, so you lower the price to $12, and someone buys it.

Katie needed to take out three loans. a) First, she paid $596.24 in interest on a nine-month loan for which the rate was 11%. How much money did she borrow? b) A year later, Katie borrowed $10,000 for three months.

During the year, total liabilities increased $105,000 and stockholders' equity decreased $83,000. What is the amount of total assets at the end of the year?

What is cosideration