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xz_007 [3.2K]
2 years ago
9

Ziegler corporation purchased 25,000 shares of common stock of the sherman corporation for $40 per share on january 2, 2017. she

rman corporation had 100,000 shares of common stock outstanding during 2018, paid cash dividends of $150,000 during 2018, and reported net income of $500,000 for 2018. ziegler corporation should report revenue from investment for 2018 in the amount of
Business
1 answer:
Alexxx [7]2 years ago
7 0
It's C.$75,000
Hope this helps
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Donna formed a corporation several years ago by issuing 500 shares of stock. There are 10 shareholders, with the smallest shareh
Stels [109]

Answer:

A) If Donna's corporation will not accept new shareholders, they can raise money by issuing bonds or getting a bank loan.

B) Maybe the current shareholders don't want to divide their power within the corporation, so maybe Donna can convince them of issuing preferred stocks which does not give the new stockholders voting rights.

4 0
3 years ago
Sandra Kristof sells furniture for McKinney Furniture Company. Kristof is having financial problems and takes​ $650 that she rec
rusak2 [61]

Answer:<u><em>The cash register will alert Megan​ McKinney, the​ controller, that something is​ wrong.</em></u>

In this case the cash register provides control over the cash receipts. When Kristof, took the cash from the register , the records from the register will not match the cash in the register.

The cash in the cash drawer will be $650 lower than the amount recorded in the cash register.

5 0
2 years ago
Moore General Store purchased office supplies on account during the month of February for $4,500. Payment for the supplies will
Anni [7]

Answer:

The correct answer is option (B).

Explanation:

According to the scenario, the given data are as follows:

Purchased office supplies = $4,500

Supplies on balance account (in beginning) = $200

Supplies remaining (in end of month) = $180

So, To calculate supplies used in February we use following method:

Supplies Used  = Supplies in Beginning + Purchased office supplies - Supplies in Ending

= $200 + $4,500 - $180

Supplies Used = $4,520

Hence, the amount of supplies USED during February was $4,520.

6 0
3 years ago
In the far off kingdom of Viracien there is a healthy sized population of citizens over 16 years old. The last census indicated
Anarel [89]

Answer:

6.5%

Explanation:

Number of people unemployed = 237,000

Labor force = 5 million - 1.3 million - 50,000

Labor force = 3.65 million

Unemployment rate = Number of people unemployed/Labor force*100

Unemployment rate = 237,000/3.65 million*100

Unemployment rate = 6.4931501%

Unemployment rate = 6.5%

8 0
2 years ago
You invest $1,000 in a complete portfolio. The complete portfolio is composed of a risky asset with an expected rate of return o
gizmo_the_mogwai [7]

Answer: 45%

Explanation:

Standard deviation for the portfolio will be a weighted average of the standard deviations of the individual assets.

Risky asset has standard deviation of 20%. Assume the weight is x.

Treasury bills have a standard deviation of 0 as they have no risk. Assume their weight is y.

Target Standard deviation is 9%.

Formula would be:

9% = (x * 20%) + (y * 0%)

20%x = 9%

x = 9% / 20%

x = 45%

4 0
3 years ago
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