Homemade dividend in two years

Assignment Help Accounting Basics

Reference no: EM13144709

You own 1,200 shares of stock in Avondale Corporation. You will receive a 80-cent per share dividend in one year. In two years, Avondale will pay a liquidating dividend of $45 per share. The required return on Avondale stock is 15 percent. If you want only $225 total in dividends the first year, what will your homemade dividend be in two years.

Reference no: EM13144709

Questions Cloud

State and federal laws govern bond issuances : State and federal laws govern bond issuances. What are the contract rate and market rate for bonds? Why can they be different?

Problem on job order cost system : Harna, Inc. uses a job order cost system. During the year the company decreased Manufacturing Overhead by $400,000. Which of the following most likely should be recorded at the same time?

Probability that patients be relieved of nasal congestion : The new drug is administered to 300 patients with the condition. What is the probability that more than 265 will be relieved of nasal congestion?

How many grams of oxygen are collected in a reaction : How many grams of oxygen are collected in a reaction where 222 mL of oxygen gas is collected over water at a temperature of 25°C and a total pressure of 697 torr?

Homemade dividend in two years : The required return on Avondale stock is 15 percent. If you want only $225 total in dividends the first year, what will your homemade dividend be in two years.

Determining inventoriable cost per unit : Variable selling and administrative expenses are $1 per unit, and fixed selling and administrative costs are $3,000 in total. According to generally accepted accounting principles, inventoriable cost per unit of Big would be:

Compensate for a weakness in internal control : An auditor may compensate for a weakness in internal control by increasing the:

Determine population of interest : The resident would be interested in joining this recreation center if it were built. Of these 35 indicated they would be interested in joining the recreation center. The population of interest is?

Units started for production : If beginning work in process is 2,000 units, ending work in process is 1,000 units, and the units accounted for equals 5,000 units, what must units started into production be?

User Account

All Pages