On July 9, you purchased 600 shares of Blue Water stock for $32 a share. On August 4, you sold 100 shares of this stock for $33 a share. You sold an additional 100 shares on August 14 at a price of $34.50 a share. The company declared a dividend of $.76 per share on August 3 to holders of record as of Monday, August 17. This dividend is payable on September 15. How much dividend income will you receive on September 15? a. $304 b. $418 c. $380 d. $360 e. $456
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “On July 9, you purchased 600 shares of Blue Water stock for $32 a share. On August 4, you sold 100 shares of this stock for $33 a share. ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
1. The coefficient of variation is a better measure of stand-alone risk than standard deviation because it is A. Correlation coefficient B. Risk premium C. standard deviation 2.
Answers (1)
When an athletic director at state university evaluates how much time a coach spends with the team, the coach's ethical impact on team member behaviors, and the clarity of the coach's explanations of new plays, the manager is assessing the coach's?
Answers (1)
On March 13, a company writes off a customer's account of $3,500. On June 3, the customer unexpectedly pays the $3,500 balance. Using the allowance method, record the write-off on March 13 and the cash collection on June 3.
Answers (1)
Marci spends 8 hours researching and writing a 26 -page report for her philosophy class. Jack brags that he has a "streamlined process" for performing the researching and writing.
Answers (1)
What is the rationale for the internal control principle, segregation of duties? select one: a. history has shown that employees are generally dishonest and thus cannot be entrusted with performing related duties. b.
Answers (1)
New Questions in Business
How did whirlpool use capabilities of text analytics to better understand their customers and improve product offerings?
Answers (1)
When a tax is levied on buyers of tea, a. buyers of tea and sellers of tea both are made worse off. b. buyers of tea are made worse off, and the well-being of sellers is unaffected. c.
Answers (1)
Which of the following is not correct? a. A tax places a wedge between the price that buyers pay and the price that sellers receive. b. In the new after-tax equilibrium, buyers and sellers share the burden of the tax. c.
Answers (1)
The major benefit of diversification is the: a. increased expected return. b. removal of all negative risk assets from the portfolio. c. reduction in the portfolio's total risk. d. reduction in the portfolio's systematic risk.
Answers (1)
Dougherty Corporation purchased a new delivery van for use in its dry-cleaning business. As part of the purchase of the van the following costs were incurred: Acquisition cost 30,000, Sales tax 1,800, Title transfer 250, paid to the company logo on
Answers (1)