Answer:
Explanation:
Given information
Number of shares owned = 200 shares
Split ratio = 2 for 1
Number of additional shares = 200 shares
The additional shares would get when the investor received the new certificate which specifies the additional shares plus the old certificate is also with the investor which decreased the par value of each share.
It is a cheaper method as compare to cancel the shares plus issuing them
Answer: Money
Explanation:
Money is one of the injector factor that is necessary for bringing the economic system. The injection of money helps in boosting economy of any country or region. This also helps in investment, strengthening the government to take necessary measures for development, and export. Money can be used to purchase raw materials to produce more number of goods and it enables the customers to purchase those goods and services. This exerts a positive impact on the circulation of economy.
Well that depends on the person. The three things that someone would do when considering to choose a bank is to have trust, convenience, and account features. They would have to trust the bank, and it would have to be well-known and established. Bank accounts are case-sensitive, so it takes extra time for them to further secure their account.
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I believe the answer is D. Bank
Answer:
$280,000
Explanation:
Computation for the company’s residual income for the year
Using this formula
Residual Income=Operating income- (Average operating assets×Rate of return)
Let plug in the formula
Residual Income = $450,000 – ($1,700,000 x 10%)
Residual Income=$450,000-$170,000
Residual income=$280,000
Therefore te company’s residual income for the year will be $280,000
