Answer:
$125,000
Explanation:
Zwick company bought 25,000 shares of Handy corporation
In 2021 Handy corporation reported $208,100 net income
The cash dividend reported is $5.00 per share on all its 208,000 shares
Therefore the Zwicks company dividend revenue from Handy corporation in December 2021 can be calculated as follows
= 25,000 shares × $5.00
= 125,000
Hence Zwick's dividend revenue from Handy corporation is $125,000
If she is making $3,000 for the whole summer and her rate is $1,000, than the monthly income is $1,000.
Answer: False
Explanation: Static budget refers to that budget which is made for the upcoming period. A static budget incorporates anticipated values of inputs and outputs in it. It does sometimes assumes extreme business environment conditions.
Therefore, it is not feasible to compare the actual budget with the static plan as there is a high chance that both will differ by a high amount.
Hence, the given statement is false.
