The following stock exchange data for General Electric was taken from the Yahoo! Finance Web site on

Question:

The following stock exchange data for General Electric was taken from the Yahoo! Finance Web site on April 18, 2008:

Gen Electric Co (NYSE: GE) Prev. Clos: Last Trade: Trade Time: Change: 32.02 36.92 32.27-32.57 31.55-42.15 25,922,495 32

a. If you owned 500 shares of GE, what amount would you receive as a quarterly dividend?

b. Compute the percentage increase in price from the Previous Close to the Last Trade. Round to two decimal places.

c. What is GE’s percentage change in market price from the 52 week low to the Previous Close on April 17, 2008? Round to one decimal place.

d. If you bought 500 shares of GE at the Last Trade price on April 18, 2008, how much would it cost, and who gets the money?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Accounting

ISBN: 978-0324662962

23rd Edition

Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren

Question Posted: Dec 11, 2011 05:25 AM

See More Questions

The following stock exchange data for General Electric (GE) were taken from the Yahoo! Finance Web site on April 29, 2010: a. If you owned 500 shares of GE, what amount would you receive as a...
The Wall Street Journal reported the following stock exchange information for General Electric Company (GE) on May 12, 2006: a. If you owned 500 shares of GE, what amount would you receive as a...
The following stock exchange data for Leon's Furniture Limited was taken from the Toronto Stock Exchange (TSX) website on June 21, 2012: a. If you owned 500 shares of Leon's, what amount would you...
Neer Department Store uses the retail inventory method to estimate its monthly ending inventories. The following information is available for two of its departments at August 31, 2011. Sporting Goods...
1. Explain how an imprest petty cash system works. 2. Atlantic Press maintains an imprest petty cash fund of $300, which is under the control of Gladys Yu. At November 30, the fund holds $80 cash and...
Circle Farms wants to develop a replacement policy for its 2-year-old tractor over the next 5 years. A tractor must be kept in service for at least 3 years, but must be disposed of after 5 years. The...
(Use the "present value of $1 table" in answering this question.) Find the present value of $1, due 10 years from now, assunning a 10 percent rate of return. What factor is given in the table? What...
Describe four types of system maintenance and provide two examples of each type.
2. Arthur received the following benefits from his employer, Dragwood Inc. Salary $ 35,000 Vacation Pay 800 Christmas Bonus 1,200 $35,000 Group insurance 150 for life insurance premium Thanks giving...
A two dimensional quadrupole consisting of four charges +q, -q, +q and -q located at the points (a2,0),(-a2,0),(0,a2) and (0.-a2). calculate the quadrupole moment tensor [12ga (a) -12ga o [1qa -12ga...
Jas Bosley and Nadine Jaffe are organizing Precious Metals Unlimited Inc. to undertake a high-risk gold-mining venture in Canada. Jas and Nadine tentatively plan to request authorization for...
Rainbow Designs Inc. has paid quarterly cash dividends since 1997. These dividends have steadily increased from $0.05 per share to the latest dividend declaration of $0.40 per share. The board of...
Reconsider the sample results in exercise 7. a. Develop an estimate of the population total for each stratum. b. Develop a point estimate of the total for all 550 elements in the population. c....
What are the elements of partnership ?
1. (2x+3)dx
Explain the difference between Type I and Type II errors.
Identify the source of funds within Micro Credit? How does this differ from traditional sources of financing? What internal and external governance mechanisms are in place in Micro Credit?
How does epinephrine affect the enzymes listed in Question 39? Question 39 How does glucagon affect the following enzymes: (a) Glycogen phosphorylase (b) Glycogen synthase (c) Phosphofructokinase I
Discuss the basic accounting problem that arises in handling each of the following situations. (a) Assets purchased by issuance of capital stock. (b) Acquisition of plant assets by gift or donation....
Discuss the basic accounting problem that arises in handling each of the following situations. (a) Assets purchased by issuance of capital stock. (b) Acquisition of plant assets by gift or donation....
Magilke Industries acquired equipment this year to be used in its operations. The equipment was delivered by the suppliers, installed by Magilke, and placed into operation. Some of it was purchased...
Regarding Enron, this was a company that resulted in the creation of the Sarbanes-Oxley Act and many reforms to the accounting profession. Research the company and answer the following...
Clayton received a $140,000 distribution from his 401(k) account this year. Assuming Clayton's marginal tax rate is 25 percent, what is the total amount of tax and penalty Shauna will be required to...
Mass LLp developed software that helps farmers to plow their fiels in a mannyue sthat precvents erosion and maimizes the effoctiveness of irrigation. Suny dale paid a licesnsing fee of $23000 for a...

The following stock exchange data for General Electric was taken from the Yahoo! Finance Web site on

Question:

Gen Electric Co (NYSE: GE) Prev. Clos: Last Trade: Trade Time: Change: 32.02 36.92 32.27-32.57 31.55-42.15 25,922,495 32.5815 1y Target Est: 11:03 AM ET Day's Range: 52wk Range: Volume: 40.5615 (1.75%)

Step by Step Answer:

a 500 shares 124 4 155 b 175 325815 32023202 c 149 3202 31553155 d 500 ...View the full answer

Accounting

Students also viewed these Accounting questions