All categories

2 years ago

What do individual shareholders gain when they buy shares of a company’s stock?

1 answer:

8 0

Individual shareholders will have the right to receive dividends declared. They can sell their shares and have the right to purchase issued shares. They can vote on the directors nominated by the board. They also have the right to the remaining assets after liquidation.

You might be interested in

On May 3, 2020, Culver Company consigned 60 freezers, costing $470 each, to Remmers Company. The cost of shipping the freezers a

Mnenie [13.5K]

Answer:

a) Valuation of Ending Inventory

The total cost of consignment = $28980

Cost of Freezers= 60 freezers *$470= $28200

Shipment Costs $ 780

Per unit Cost of Consignment= $28980 / 60= $ 483

The inventory value of the units unsold in the hands of the consignee

= (60 units - 30 units )* 483= $ 14490

b) Profit for the Consignor

Sales 30 units at $800 $24000

CGS 30 units at 483 14490

Gross Profit 9510

Less

Advertising $200

Total installation costs $350

Commision 6% of 24000= $ 1440 1990

Net Profit $7520

c) Remittance was made of $7520

4 0

3 years ago

The feminine personality of Whirlpool helps identify which styles and colors will be most appealing to buyers. The company now u

AnnyKZ [126]

Answer: Elaborating on a brand personality

Explanation: Brand personality is the attribution of a personal trait to a brand which helps the organization to mold the manner consumers feel about its commodity, service or purpose. In this case, characteristics of a human being like feminine voice-over signify the whirlpool personality through the person representing the brand along with advertising so as to be in the same position as the whirlpool brand.

8 0

3 years ago

A business formed by two or more individuals who each have unlimited liability for all of the firm's business debts is called a:

AlexFokin [52]

Answer:

4. general partnership.

Explanation:

A general partnership is when at least two people come together to form a business. These partners would have unlimited liabilities.

A sole proprietorship is A form of business owned by one person who has unlimited liabilities.

A corporation is a a form of business owned by many people known as the shareholders. The shareholders have limited liability.

A limited liability company is owned by at least two partners that have a limited liability.

A limited partnership is a type of partnership with two types of partners- the limited partner and the general partner. The limited partner has limited liability and he is not involved in the daily running of the business while a general partner has unlimited liabilities and she is involved in the daily running of the business.

I hope my answer helps you

6 0

3 years ago

Which of the following events would cause GDP for 2019 to increase?

Dominik [7]

Answer:

C In May 2019James buys a 2019 Honda Accord .

Explanation:

GDP refers to a country's monetary value of all the finished goods and services produced in a particular year. GDP incorporates the value of products and services produced within the country's boundaries regardless of who produced them.

Economists calculate GDP for a particular year by considering only the finished goods or services in that year. They calculate GDP using either the income, expenditure or the production approach. In any of the approaches, only the Honda produced and sold in 2019 will add to the GDP of 2019. The products that were finished in 2018 were accounted for in GDP for 2018.

4 0

3 years ago

INCOME STATEMENT Patterson Brothers recently reported an EBITDA of $7.5 million andnet income of $2.1 million. It had $2.0 milli

VLD [36.1K]

Answer:

$ 1.75 million

Explanation:

EBITDA stands for Earnings Before Interest, Tax, Depreciation and Amortization. Net Income is Earnings after Interest, Tax, Depreciation and Amortization.

So to find charge for depreciation and amortization we need to reconcile the EBITDA to the Net Income and find the missing figures,

Reconciliation of EBITDA to the Net Income

EBITDA $7.5 million

Less Net income ($2.1 million)

Interest, Tax, Depreciation and Amortization $5.4 million

Less Interest expense ($2.0 million)

Less Corporate tax ($7.5 million - $2.0 million) × 30% ($1.65 million)

Charge for depreciation and amortization $ 1.75 million

6 0

3 years ago