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Alekssandra [29.7K]
3 years ago
12

During the four quarters for 2017, the Browns received two quarterly dividend payments of $0.18, one quarterly payment of $0.20,

and one quarterly payment of $0.22. If they owned 270 shares of stock,
what was their total dividend income for 2017?
Business
1 answer:
Doss [256]3 years ago
7 0

Answer:

$210.60

Explanation:

The total dividend income is shown below:

= Number of shares owned × quarterly dividend × two +  Number of shares owned × quarterly dividend +  Number of shares owned × quarterly dividend

= 270 shares × $0.18 × 2 + 270 shares × $0.20 + 270 shares × $0.22

= $97.20 + $54 + $59.40

= $210.60

Simply we considered all the quarterly payments and multiplied with the number of shares owned

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Bethenny, who resides in Rhode Island, breached a contract entered into in Florida with Geraldo. Geraldo successfully obtains a
Anarel [89]

Answer:

C. Geraldo will be able to sell the beach house in North Carolina through attachment jurisdiction, but he must return to Bethenny any funds obtained in excess of amounts owed

Explanation:

Under attachment jurisdiction also called quasi in rem jurisdiction, Geraldo who has suffered damages on contract breach will be compensated for losses or obtain judgement through the sale of the beach house in North Carolina thowever any excess funds on debt owed gotten through the sale of the house must be remitted or returned to the debtor Bethenny

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3 years ago
How would you feel if someone you love and care about was thinking about joining the army. I am thinking about doing it and I am
adell [148]
I would say if thats what you want to do go for it because the people that love you should want nothing more than for you to be happy.
8 0
2 years ago
Read 2 more answers
Dome Metals has credit sales of $270,000 yearly with credit terms of net 90 days, which is also the average collection period. A
bixtya [17]

Answer:

Net change in income = $8,100

Explanation:

Given:

Current credit sales= $270,000 per year.

Average collection period= 90 days

A 2/15, net 90 means a 20℅ discount if payment is made within 15 days.

Which means new credit terms increase will be

(90/15) * 20℅ = 120℅

We now find the following:

•Revised sales will be = (current sales * new credit terms increase)

= $270,000 * 120℅ = $324,000

•Increase in sales = ( new sales - current sales)

=$324,000 - $270,000 = $54,000

•Profit increase = (profit percent * Increase in sales)

= 15℅ * $54,000 = $8,100

• Average receivable under existing policy =

= $270,000 * (90/360) = $67,500

• Average under new policy =

$325,000 * (15/360) = $13,500

• Receivable reduction= $67,500 - $13,500 = $54,000

• Interest savings

= $54,000 * 12℅ = $6,480

• Cost of discount =

$324,000 * 2℅ = $6,480

Therefore the net change in income if new credit terms are adopted will be = (increase in profit + interest savings - cost of discount)

= $8,100+$6,480-$6,480

= $8,100

3 0
3 years ago
Sid Maxwell is the head of legal affairs at Hudson Inc., an American toy manufacturer. A. Hudson's signature toy, the Witty Para
mr Goodwill [35]

Answer:

trade secret

Explanation:

THIS IS THE COMPLETE QUESTION BELOW

Sid Maxwell is the head of legal affairs at Hudson Inc., an American toy manufacturer. Hudson's signature toy, the Witty Parakeet, includes an embedded software program that allows the bird to interact with children. Hudson is currently planning to expand its market in Asia but Sid is concerned about reports of software piracy in the region.

The software program embedded in Hudson's signature toy, the Witty Parakeet, is an example of a(n) ________.

Trade secret can be regarded as one of the intellectual property which is a process/ practice such as design, patterns or instrument that is generally not revealed outside the company. It gives a company an edge over her compititors

8 0
3 years ago
Brie signs an instrument in which she promises to pay Carmen a certain price for her Dodge Dart. The instrument will be negotiab
kakasveta [241]

Answer:

B) ​money.

Explanation:

Characteristics of a negotiable instrument

  1. Property: the individual or company that possesses the instrument is also considered its owner. Order instruments, e.g. checks, must be endorsed for transfer of property.
  2. Title: the person that receives title of the instrument is called a transferee and is the holder in due course.
  3. Rights: the transferee can take legal action to claim the honoring of the instrument.
  4. Prompt payment: the due holder can anticipate prompt payment because dishonoring the instrument (not paying it) results in the "ruin of credit" of all parties involved in the instrument.
  5. Monetary value: instruments carry a specific monetary value and must be paid in money.

8 0
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