I believe the answer is a certification program. Hope it's right! :)
Answer:
The total dollar return per share is 11% or $3.7
Explanation:
Total dollar return = (Selling price- buying price + total dividend)/buying price.
The buying price is 32.50
The selling price= 34.60
The total dividends are 0.4*4=1.6 because in 1 year there will be 4 quarterly dividends.
Now we input these numbers in a formula
(34.60-32.50+1.6)/32.50=0.11
= 11%
In dollar terms the return is
34.60-32.50+1.6=3.7
Answer:
Yes under the theory of conversion.
Explanation:
Conversion occurs when an individual takes possession of an item and excercises ownership of it in a way that is in conflict with the real owner's right of possession.
In this instance Eddy paid in a cheque that was not owned by him. The onus was on the bank to confirm from the account owner the real beneficiary of the check.
This would have prevented the conversion of the check through an illegal indorsement.
Conversion is a common type of fraud with regards to dividend warrants where dividend warrants edited to present a different person as the owner of the check.
Answer:
Answer:
$420 of revenue, $840 of deferred revenue
Explanation:
Data provided in the question
Paid amount = $1,260
Given months = 6 months
Number of months = 2 months
For two months, the revenue is
= Paid amount × number of months ÷ given months
= $1,260 × 2 months ÷ 6 months
= $420
Now the deferred revenue is
= Paid amount - revenue
= $1,260 - $420
= $840
Hence, the revenue is $420 and the deferred revenue is $840
