Shares in Rioja Enterprises were priced at $4.45 at the beginning of the year. At the...

Shares in Rioja Enterprises were priced at $4.45 at the beginning of the year. At the end of the year the price had dropped to $4.30 and the company had paid a dividend of $0.26. What is the dividend yield?

A. 5.84%

B. -3.37%

C. 2.47%

D. -0.53%

Expert Solution

Given about Rioja Enterprises,

Price at beginning of the year = $4.45

Dividend during the year = $0.26

So, dividend yield = dividend during the year/pricing before the dividend is paid

=> Dividend yield = 0.26/4.45 = 5.84%

Option A is correct.

jeff jeffy answered 2 years ago

Inventory balances at the beginning and end of the year were as follows: Beginning of Year...

Inventory balances at the beginning and end of the year were as follows: Beginning of Year End of Year Raw materials $ 54,000 $ 34,000 Work in process ? $ 31,000 Finished goods $ 37,000 ? The total manufacturing costs for the year were $680,000; the cost of goods available for sale totaled $730,000; the unadjusted cost of goods sold totaled $662,000; and the net operating income was $30,000. The company’s underapplied or overapplied overhead is closed to Cost of...

Inflation is expected to be 2.90% this year, 4.45% next year, and 2.00% thereafter. The maturity...

Inflation is expected to be 2.90% this year, 4.45% next year, and 2.00% thereafter. The maturity risk premium is estimated to be 0.08 x (t - 1)%, where t = number of years to maturity. What is the yield on a 7-year Treasury note? Assume a real risk-free rate of 2.40%.

You purchased 250 shares of a particular stock at the beginning of the year at a...

You purchased 250 shares of a particular stock at the beginning of the year at a price of $87.25. The stock paid a dividend of $1.15 per share, and the stock price at the end of the year was $94.86. (4 points) a) What was the dividend yield? b) What was the capital gains yield?

At the beginning of the year, office supplies of $1,200 were on hand. During the year,...

At the beginning of the year, office supplies of $1,200 were on hand. During the year, Tempo Air Conditioning Service paid $2,000 for more office supplies. At the end of the year, Tempo has $1,000 of office supplies on hand.Read the requirements. Requirement 1. Record the adjusting entry assuming that Tempo records the purchase of office supplies by initially debiting an asset account. Post the adjusting entry to the Office Supplies and Supplies Expense T-accounts. Make sure to include the...

1. There were 2,500,000 shares outstanding at the beginning of 2019. 2. The company has preference...

1. There were 2,500,000 shares outstanding at the beginning of 2019. 2. The company has preference share capital of $6,000,000 at the beginning of 2019. These were 9%, cumulative, convertible preference shares with $2 par value per share. The preference shares were issued at par. Each preference share is convertible into two ordinary shares. The conversion rate of preference shares must be adjusted for any share dividend or share split occurring during the year. On 1 May 2019, 250,000 preference...

Saba enterprises had 250 units in beginning WIP which were 80% complete with regard to conversion...

Saba enterprises had 250 units in beginning WIP which were 80% complete with regard to conversion costs. 9,250 units were added during the period. 8,000 units were completed. Ending WIP was 100% complete with regard to material and 60% complete with regard to conversion. Beginning WIP amounted to $3,500 of which $1,000 was for conversion. Costs added amounted to $132,280 of which $94,870 was for materials. Required: 1. Compute cost of goods completed and cost of WIP ending using weighted...

An investor buys some shares of ABC for $20 at the beginning of the year. During...

An investor buys some shares of ABC for $20 at the beginning of the year. During the year he receives $0.50 in dividends, and then sells the shares for $21 at the end of the year. What is the total return on this investment?

You purchased shares in Home Depot at the beginning of the year for $55 a share....

You purchased shares in Home Depot at the beginning of the year for $55 a share. Home Depot paid a $3 dividend throughout the year, and its share price ended the year at $50. If inflation that year was 3%, what was the real holding-period return for the year? Multiple Choice -6.44% -6.36% -11.74% -3.64%

At the beginning of the year Donald opens a margin account and purchases 500 shares of...

At the beginning of the year Donald opens a margin account and purchases 500 shares of FIN Corp at $40. Donald borrows $5000 from his broker at an annual interest rate of 10% to fund the purchase. a) What is the initial margin? b) What would be the margin if the price of FIN Corp fell to $30 at the end of the year? c) What is the annual return that Donald would make from his investment if the price...

A mutual fund holds the following assets at the beginning of the year: 9,400 shares of...

A mutual fund holds the following assets at the beginning of the year: 9,400 shares of FB, price $180 1250 shares of AMZN, price $1100 1100 shares of GOOG, price $950 The mutual fund has 102,000 number of shares issued at this point. The mutual fund has 1.2% operating expenses, 0.5% 12b-1 fees and a 4% front-end load. Expenses and fees are deducted from assets at the end of the year. At the end of the year, the assets held...

Question