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Pavel [41]
3 years ago
6

On may 10, the ceo of massmachine announced a quarterly dividend of $.50 per share to be paid on june 25 to all stockholders on

the record as of friday june 6. what is the latest date that you could purchase the stock and receive the quarterly dividend
Business
1 answer:
Serga [27]3 years ago
4 0
It would be on June 3rd. This is the day before the ex-dividend date. The ex-dividend date for stocks is typically set one working day before the record date. If you acquire a stock on its ex-dividend date or after, you will not obtain the next dividend imbursement. As an alternative, the vendor gets the dividend. If you buy earlier than the ex-dividend date, you can get the dividend.
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On July 10, 2019, Ariff places in service a new SUV that cost $70,000 and weighed 6,300 pounds. The SUV is used 100% for busines
IceJOKER [234]

Answer:

$34,000

Explanation:

Because the SUV weighs over 6,000 pounds, it is not subject to the statutory dollar limits on luxury automobiles.

Under section 179 expensing (limited to $25,000 for SUVs)

= $25,000

Regular MACRS:

= [($70,000 - $25,000) × 0.20}]

= 9,000

Ariff's maximum deduction for 2019 would be:

= $25,000 + $9,000

= $34,000

3 0
3 years ago
Angus Bank holds no excess reserves but complies with the reserve requirement. The required reserves ratio is 8​%, and reserves
grandymaker [24]

Answer:

$3.68 million

Explanation:

Reserve Ratio = 8%

Reserves are currently = ​$25 million

Amount of deposits = ​$ 312.5 million

Deposit outflow = ​$4 million

Remaining Deposits =  Amount of deposits - Deposit outflow

                                  = $ 312.5 million - $4 million

                                  = $308.5 million

Current Required Reserve after outflow of deposits(CR):

= $25 million - ​$4 million

= $21 million

Therefore,

Shortage of Reserve = CR - (Remaining Deposits × Reserve Ratio)

                                   = $21 - ($308.5 × 0.08)

                                   = $21 - $24.68

                                   = -($3.68)

Therefore, the reserve shortage created by a deposit outflow of ​$4 million is ​$3.68 million

3 0
3 years ago
If psychologists find that rich people are less satisfied with their jobs compared to poor people, this would mean that wealth a
dybincka [34]

Answer:

negatively correlated

Explanation:

Variables are negatively correlated if an increase in one variable causes a decrease in the other variable. Negative correlation usually has a value of -1.

The psychologists found that rich people are less satisfied with their jobs compared to poor people, so as one's wealth increases, job satisfaction decreases. This shows that wealth and job sanctification are negatively correlated.

Variables are positively correlated if an increase in one variable causes a increase in the other variable. Negative correlation usually has a value of +1.

If wealth and job satisfaction were positively correlated, rich people would have more job satisfaction when compared to poor people

8 0
3 years ago
Your sister just deposited $13,000 into an investment account. She believes that she will earn an annual return of 10.3 percent
omeli [17]

Answer:

146,640

13,000×9.4%=1,222

1,222×120=146,640

6 0
3 years ago
If a plaintiff can show that he has been injured, but does not have a contract, he can sometimes still recover under certain the
olya-2409 [2.1K]

Option A and C

In quasi-contract cases, the defendant received a benefit from the plaintiff. In promissory estoppel cases, the defendant made a promise that the plaintiff relied on.

<h3><u>Explanation:</u></h3>

A quasi-contract is a retroactive system among two parties who own no prior commitments to one another. It is designed by an expert to change a situation in which one individual takes something at the value of the other. The plaintiff must have provided a substantial thing or service to the added party with the expectation or assumption that mortgage would be supplied.

Promissory estoppel is a concept in contract law that hinders a character from performing reverse on a commitment even if a legitimate contract does not endure.

4 0
3 years ago
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