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vlabodo [156]
3 years ago
9

A company’s dividend policy refers to the manner in which a firm distributes its earnings to shareholders. Georia Industries Inc

. recently paid a dividend to its shareholders. The following table offers a timeline of events surrounding the dividend.
Date Event
January 12 Declaration date
February 12 With-dividened date
February 13 Ex-dividened date
February 15 Holder-of-record date
March 24 Payment date
Based on this information:
1. The date on which investors are aware of the size and timing of a future dividend payment is_____.
2. The last day that an investor can buy a share of Sonaiya Development Group.'s stock and still be entitled to the dividend is_____.
3. The day when Sonaiya Development Group. will actually pay the dividend is If Victor buys 10 shares of Sonaiya Development Group. will actually pay the dividend is_____.
If Victor buys 10 shares of Sonaiya Development Group. stock from Susan, by what business date must Victor inform the company that he owns the shares so that he is eligible to receive the recently announced dividend payment?
A. March 24.
B. February 12.
C. February 15.
D. January 12.
Business
1 answer:
Montano1993 [528]3 years ago
3 0

Answer:

Dividend Policy at Georia Industries Inc.

1.  The date on which investors are aware of the size and timing of a future dividend payment is_____.  January 12 Declaration date

2. The last day that an investor can buy a share of Sonaiya Development Group.'s stock and still be entitled to the dividend is_____.  February 12 With-dividend date

3. The day when Sonaiya Development Group. will actually pay the dividend is If Victor buys 10 shares of Sonaiya Development Group. will actually pay the dividend is_____.  March 24 Payment date

If Victor buys 10 shares of Sonaiya Development Group. stock from Susan, by what business date must Victor inform the company that he owns the shares so that he is eligible to receive the recently announced dividend payment?  February 12 With-dividend date

B. February 12.

Explanation:

The most important dates for dividends at Georia are the declaration date, The holder-of-record date, and the payment date.  The declaration date is the date that the company's directors decide to announce that dividend will be paid to stockholders of record.   The holder-of-record date is the date that a stockholders will know if he or she will receive dividend for that period, because only holders of record are paid dividends.  If a stockholder's share is not registered before that date, then the stockholder is not entitled to dividends.  The last date is, of course, the payment date.  However, in accounting for the dividend transaction, only two dates are important: the declaration date and the payment date.

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Answer:

A. $7,350

Explanation:

The computation of the vested benefit is shown below:

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= $70,000 × 3.5% × 5 years × 60%

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g If the economy experiences economic contraction, the government can combat this with an Group of answer choices increase in go
Charra [1.4K]

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increase in government purchases

Explanation:

If there is a contraction in the economy, the government should conduct expansionary policies to increase money supply.

Discretionary fiscal policies are deliberate steps taken by the government to stimulate the economy in order to cause the economy to move to full employment and price stability more quickly than it might otherwise.

Discretionary fiscal policies can either be expansionary or contractionary

Expansionary fiscal policy is when the government increases the money supply in the economy either by increasing spending or cutting taxes.

Contractionary fiscal policies is when the government reduces the money supply in the economy either by reducing spending or increasing taxes

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Suppose an economy produces only cranberries and maple syrup. In 2010, 50 units of cranberries are sold at $20 per unit and 100
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Answer:

A. 90

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2 years ago
Read 2 more answers
Colt Carriage Company offers guided​ horse-drawn carriage rides through historic Charleston comma South Carolina. The carriage b
chubhunter [2.5K]

Answer:

1) Colt Carriage Company

Income Statement

For the month ended April 202x

Revenues:

  • Adults passengers $186,300
  • Children $81,000                      
  • Total revenues                                       $267,300

Variable costs:

  • City fees $26,730
  • Souvenirs $7,425
  • Brokerage fees $11,340
  • Carriage drivers $52,650
  • Total variable costs                                  <u>$98,145</u>

Contribution margin                                        $169,155

Period costs:

  • Depreciation $2,900
  • Horse leases $48,000
  • Marketing expenses $7,350
  • Payroll expenses $7,600
  • Total period costs                                  <u>$65,850</u>

Operating profit                                             $103,305

2) If the total amount of passengers increase by 10%, then all variable costs will increase by 10% except brokerage fees which would increase only by 6%. Revenues should also increase by 10%. Period costs should not change.

Contribution margin should increase by 10.29% and operating profit would increase by 16.81%.

Explanation:

since the information is not complete, I looked it up:

Revenues

13,500 passengers:

8,100 x $23 = $186,300

5,400 x $15 = $81,000

total $267,300

variable costs:

fees paid to the city 10% of total revenue

souvenirs $0.55 per passenger

brokerage fees 60% of total tickets x $1.40

carriage drivers $3.90 per passenger

fixed costs:

depreciation $2,900

horse leases $48,000

marketing expenses $7,350

payroll expenses $7,600

4 0
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kicyunya [14]

Answer:

Option (B) is the right answer.

Explanation:

According to the investment company Act of 1940, the investment companies are those companies whose main business is to gathers investment capital to invest them in marketable securities.

Hence According to the scenario, the most appropriate answer is option (B).

While the other option is incorrect because of the following reason:

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  • Insurance companies are also not investment companies.

7 0
3 years ago
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