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OLEGan [10]
3 years ago
5

On may 20, 2010, tony blackman bought 100 shares of stock from xyz corporation. the quarterly dividend is $1.25 per share and th

e record date is may 25. how much will tony receive for this quarterly dividend?
Business
1 answer:
ioda3 years ago
4 0
Tony is able to purchase the shares even before the dividend are distributed to the shareholders. Hence, he will be part of the payment to be made by the XYZ corporation.

To determine the amount that Tony will receive as dividend for taking part in the company's generation of capital, we multiply the number of shares he has by the amount that he is to get per share. That is,
      dividend = (number of shares)(amount per share)

Substituting,
    dividend = (100 shares)($1.25/share)
    dividend = $125

ANSWER: $125
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What piece of legislation, one of the most complex areas of federal civil law, was established in 1974 mainly to protect the emp
Angelina_Jolie [31]

Employee Retirement Income Security Act is established in 1974 mainly to protect the employee pension system from employer fraud.

<h3>What is Employee Retirement Income Security Act?</h3>

The Employee Retirement Income Security Act serves as an act of 1974 that contains rules on the federal income tax to favor employees.

This act, provides employee with benefit plans and a protection against wicked employers.

Learn more about Employee Retirement Income Security Act at;

brainly.com/question/1083892

4 0
2 years ago
Free market economies offer distribution methods for goods and services based on _____ .
Rasek [7]
Free market economies offer distribution methods for goods and services based on ''price''.

Answer: C) Price.
6 0
3 years ago
Read 2 more answers
When the consumer price index falls, the typical family has to spend fewer dollars to maintain the same standard of living.
mel-nik [20]

A. True

The CPI is a measure of the cost of a "basket" of typical consumer goods, so if the cost of these goods goes down most families will spend less on average.

6 0
3 years ago
A company purchased $9,100 of merchandise on June 15 with terms of 3/10, n/45. On June 20, it returned $455 of that merchandise.
elena-14-01-66 [18.8K]

Answer:

$259.35

Explanation:

The computation of the amount of cash paid is shown below:

= (Purchase value of merchandise - returned goods of merchandise - discount charges)

= ($9,100 - $455 - $259.35)

= $8,385.65

The discount charges is

= (Purchase value of merchandise - returned goods of merchandise) × discount rate

=  ($9,100 - $455) × 3%

= $259.35

We simply applied the above formula

3 0
3 years ago
The manager of a bulk foods establishment sells a trail mix for $6 per pound and premium cashews for $12 per pound. The manager
irakobra [83]

Answer:

70

Explanation:

12X+6(105-X)=105*10

12X+630-6X=1050

6X=1050-630

6X=420

X=420/6

So,

  • X=70 LBS. OF $12 CASHEWS IS USED.
  • 105-70=35 LBS. OF $6 TRAIL MIX IS USED.

<u>PROOF: </u>

12*70+6*35=105*10

840+210=1050

1050=1050

3 0
3 years ago
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