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1 year ago

Indicate which activities of Stockton Corporation violated the rights of a stockholder who owned one share of common stock

1 answer:

5 0

Stockton Corporation violated the rights of a stockholder who owned one share of common stock by paying the stockholder a smaller dividend per share than another common stockholder or rejecting the stockholder's sale of stock on an organized exchange and the stockholder's request to vote via proxy because she was home sick.

<h3>What are the reasons for violation?</h3>

A shareholder is a person who purchases shares in a firm that is publicly traded. They are known as owners and are qualified to receive dividends. Dividends represent a percentage of income.

Dividends paid to common shareholders are equal for all.

Greater preference is given to preferred shareholders than to regular stockholders.

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Insurance protects you from associated risks, Match each scenario to the insurance

den301095 [7]

Matching each scenario to the insurance needed for protection.

Tyrell's son has leukemia and will need cancer medications- Health insurance.

Someone broke into Maria's house and stole her flat screen TV and other values- Homeowners insurance.

Don wants to make sure his family has enough money to pay off the house if he dies- Life insurance.

Jill broke both of her legs in a skiing accident. She will be out of work for several months while she recovers from her injuries- Disability insurance.

Due to careless driving, Lisa hit another car and hurt the passengers inside- Liability insurance.

<h3>What is insurance?</h3>

Insurance can be defined as a coverage that help to cover cost or expenses in case of unforeseen or unexpected circumstances such as:

Accident
Fire
Theft etc.

Therefore Tyrell's son has leukemia and will need cancer medications- Health insurance.

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8 0

2 years ago

when zoning deprives the owner of all economic value of her property, it will be categorized be scrutinized under the constituti

Natalija [7]

When zoning deprives the owner of all economic value of her property, it will be categorized be scrutinized under the constitutions Takings Clause and Fifth Amendment.

Economics is defined as a technology that deals with the making, dispensing, selling, and shopping of products and services. An instance of economics is the have a look at the inventory market.

Economics, at its very heart, is the look of humans. It seeks to give an explanation for what drives human behavior, selections, and reactions while faced with problems or successes. Economics is an area that combines politics, sociology, psychology, and history.

Economics performs a position in our normal lifestyles. reading economics allows us to apprehend past, destiny, and contemporary models, and practice them in societies, governments, businesses, and people.

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8 0

2 years ago

The balance sheet data of Corinne Company at the end of 2025 and 2024 follow: 2025 2024 Cash $50 $70 Accounts receivable (net) 3

dezoksy [38]

Answer:

Corinne Company

Investing Activities Section of the Statement of Cash Flows:

Equipment sales $12

Equipment bought ($58)

Net cash used ($46)

Explanation:

a) Data and Calculations:

Balance Sheet of Corinne company at the end of 2025 and 2024:

2025 2024

Cash $50 $70

Accounts receivable (net) 320 270

Buildings and equipment 200 150

Accumulated depreciation

- buildings and equipment (36) (16)

Land 180 80

Totals $714 $554

Accounts payable $180 $146

Notes payable- bank long term 0 80

Mortgage payable 60 0

Common stock, $10 par 418 318

Retained earnings 56 10

Totals $714 $554

b) other information:

Land and Common Stock exchange

Equipment sold for $12 (cost $10 and book value $8)

Cash dividends $20

c) Equipment account

Beginning balance 150

Equipment sold -8

Balance 142

Closing balance 200

Purchase of new 58 (200 - 142)

5 0

3 years ago

1-a. Allocate the lump-sum purchase price to the separate assets purchased. 1-b. Prepare the journal entry to record the purchas

marin [14]

Answer:

1. a. Allocated prices

First add the market values = 444,150 + 255,150 + 56,700 + 189,000 = $945,0

Building allocated price Land allocated price

= 444,150/ 945,000 * 830,000 = 255,150/945,000 * 830,000

= $‭390,100‬ = $224,100

Land improvement allocated price Four vehicles allocate price

= 56,700/945,000 * 830,000 = 189,000/945,000 * 830,000

= $49,800 = $166,000

b. Journal entry

Date Account Details Debit Credit

Jan. 1, 2017 Building $390,100

Land $224,100

Land improvement $49,800

Vehicles $166,000

Cash $830,000

2. Depreciation on building using straight-line method.

= (390,100 - 28,000) / 15

= $‭24,140‬

3. Depreciation on land improvements using double declining method.

First do straight line:

= 49,800/ 5 years

= $9,960

Straight line rate of depreciation = 9,960/49,800 = 20%

Double declining will be twice that rate = 40%

Depreciation = 40% * 49,800

= $‭19,920‬

4 0

3 years ago

If the Dow Jones Industrial Average is 3.2% down that means that: Question 10 options: The stocks of all the companies in Dow Jo

Vera_Pavlovna [14]

Answer:

b). The average value of the 30 blue-chip stocks is down by 3.2%.

Explanation:

'Dow Jones Industrial Average' also known as 'DJIA' is characterized as the standard indicator to denote the stock-market prices of the shares of the major companies associated with blue-chip in the United States.

As per the question, a down or fall in DJIA by 3.2% would indicate that the stock prices of the companies trading with 'blue-chip' have faced a reduction in their share prices by 3.2% for that day. So, this allows the investors to keep a check on the stock prices and invest accordingly whenever they find it profitable. Thus, <u>option b</u> is the correct answer as the other options fail to convey this idea rather they either talk about the loss of value instead of decrease(in options a and c) or disassociates the entire concept with the stock market(in option d).

5 0

3 years ago