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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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Carol and leslie enter into a contract stating that carol will pay leslie $650 per month for the next 20 years. carol will live
igomit [66]

They are in Installment Sales Contract.

<h3>What is an Installment Sales contract?</h3>

Any contract or agreement, including a contract for deed, bond for deed, or any other sale or legal device whereby a seller agrees to sell and the buyer agrees to buy residential real estate, in which the consideration for the sale is payable in installments for a period of at least one year after the date of sale, and the seller retains an interest or security for the purchase price or otherwise in the property, is referred to as an "installment sales contract" or simply as "contract."

Revenue recognition using the installment sales technique is postponed until the sale's cash is received. Because revenue is not immediately recognized at the moment of sale, the installment sales method is a conservative way to recognize revenue.

Only when partial ownership is transferred at the time of sale is the installment sales technique used. The technique is also applied when there is some doubt regarding the amount that will be collected (therefore, it would be inappropriate to recognize all revenue at the time of sale).

Therefore, Carol and Leslie are in Installment Sales Contract.

For more information on Installment Sales Contract, refer to the given link:

brainly.com/question/24178410

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8 0
2 years ago
On average, workers in Australia can produce 3 units of agriculture output or 9 units of manufacturing output per day. In Guyana
tester [92]

Answer:

3 UNITS OF MANUFACTURING OUTPUT

2 units of manufacturing output?

Explanation:

Opportunity cost or implicit is the cost of the option forgone when one alternative is chosen over other alternatives.

the opportunity cost of agricultural output in Australia = manufacturing output per day / agricultural output

= 9/3 = 3

the opportunity cost of agricultural output in Guyana = manufacturing output per day / agricultural output

= 8/4 = 2

8 0
3 years ago
According to Henry Mintzberg, in the _____, managers receive a great deal of unsolicited information because of their personal c
goldfiish [28.3K]

Answer:

Monitor role

Explanation:

According to Henry Mintzberg, in monitor role , a manager regularly seek out information related to his organization and industry, looking for relevant changes in the environment. He also monitors his team, in terms of both their productivity, and their well-being.

6 0
3 years ago
Which of the following about writing and revising business documents is most accurate? a. Experienced business writers rarely ne
Yanka [14]
C. Revising is always required or at least advised
4 0
2 years ago
Astro Co. sold 20,500 units of its only product and incurred a $67,750 loss (ignoring taxes) for the current year as shown here.
maksim [4K]

Answer:

Break even point in dollar sales = $1,050,000

Explanation:

Break Even Point in dollar sales = Fixed Cost/ Contribution margin percentage

Contribution margin percentage = (Contribution margin/ Sales) X 100

Here we have for the year 2017

Contribution margin = $194,750

Sales = $779,000

Contribution margin percentage = ($194,750/$779,000) X 100 = 25%

Break even point in dollar sales = Fixed Cost $262,500/25%

= $1,050,000

3 0
3 years ago
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