Answer:
D) 1,200 shares held at a cost basis of $37.50 per share
Explanation:
Since the company paid a stock dividend, it increased the number of stocks held by the stockholders. The investor initially had 1,000 shares plus a 20% dividend = 1,000 x 1.2 = 1,200 shares. Since each stock should theoretically be worth less, his/her basis should decrease. The basis for each stock was $44(price) + $1(commission) = $45, after the dividend is paid it will be adjusted to $45 / 1.2 = $37.50 per stock
Lease the car as it will not see many miles and is used in a specific time frame. should he need it longer he can buy out the lease at the end to owm the car.
The Constitution sets forth specific powers that can be exercised by the national government and provides that the national government has the implied power to undertake actions necessary to carry its expressly designated powers under the Tenth Amendment, all other powers are expressly reserved to <u>the states</u>.
<u>Option: B</u>
<u>Explanation:</u>
The given points are showcasing the federal power, which act as rights within a federal government structure that are totally or conditionally excluded from the operation of each representative political entity. That is, either a local political entity can never practice such powers, or can do so only with the federal government's permission.
The United States' 10th Amendment Constitution interprets that the powers not granted by the Constitution to the United States, nor forbidden by it to the States, are secured for the States, or the individual, accordingly. This Amendment was adopted in 1791, incorporates Federalism's basic values in a parliamentary system of Government.
Answer:
Results are below.
Explanation:
Giving the following information:
Fixed costs= $270,000
Unitary selling price= $70
Unit variable costs= $45
<u>To calculate the break-even point in units, we need to use the following formula:</u>
Break-even point in units= fixed costs/ contribution margin per unit
Break-even point in units= 270,000 / (70 - 45)
Break-even point in units= 10,800
<u>Now, if the selling price is $76:</u>
Break-even point in units= 270,000 / (76 - 45)
Break-even point in units= 8,710
