Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. i purchased 100 shares in apple inc. at $189. i no

I purchased 100 shares in Apple Inc. at $189. I noticed that the stock has...

50.1K

Verified Solution

Question

Accounting

I purchased 100 shares in Apple Inc. at $189. I noticed that the stock has a dividend of $0.96. How do I value this income as part of my portfolio? How much does the dividend contribute to the value of the stocks? Walk me through the process.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Write a one page summarize the theories of lyrics Despite the proliferation of theory in literary studies since...

Psychology
Q

8. An ice cube (formed by pure water) floats on salt water. The specific gravity of...

Physics
Q

The circular fin of diameter D=1mm and length L=25.4mm, made of copper (k=400 W/m.K), are used...

Mechanical Engineering
Q

1 cos 5x Show at least two cycles Use the grap the function y and...

Calculus
Q

Assume that the distance, D, a baseball is thrown is proportional to the force exerted,...

Calculus
Q

Listen Differentiate and simplify de ln 1 e da 1 e e 1 e ln...

Calculus
Q

Assume Moon Corporation borrowed $80,000 for 2 years with a stated interest rate of 4%...

Accounting
Q

At the beginning of 2016, Metatec Inc. acquired Ellison Technology Corporation for $660 million. In...

Accounting
Q

Exercise 10.5 (a) A new employee aged 25 joins a DC pension plan. Her starting...

Accounting
Q

A piece of laborsaving equipment has just come onto the market that Mitsui Electronics, Ltd.,...

Accounting
Q

An investment bank agrees to underwrite an issue of 15 million shares of stock for...

Finance
Q

Use the information provided below to prepare the Statement of Comprehensive Income for the year...

Accounting