Answer:
The amount of stockholders' equity as of July 1 of the current year is $39,994
Explanation:
In John Wong, DVM, on July 1 of the current year:
Total asset = Cash + Accounts Receivable + Supplies + Land = $10,687 + $8,307 + $1,853 + $24,857 = $45,704
Liabilities = Accounts Payable = $5,710
Basing on accounting equation:
Total asset = Liabilities + Stockholders' Equity
Stockholders' Equity = Total asset - Liabilities = $45,704 - $5,710 = $39,994
Answer:
<u>a. Zero dividend.</u>
<u>b. 3.5 new shares</u>;
<em>texes will be paid.</em>
<u>Explanation:</u>
a. March 20 is a date earlier than when the dividends are too be paid on April 18, and as such Wilfred Nadeau<em> will not</em> receive any dividend if he sells his stocks since he no longer has ownership of them.
b. 45 cents dividends per 300 stocks of Wilfred is $135 (reinvestment dividend plan).
With a discount of 3.4% at $39.8 (3.4%*39.8) current price per stock makes the total cost per stock after discount= $38.4.
Dividing the reinvestment dividend plan over the discounted price (135/38.4) = 3.5 new shares, According to the requirements of law the investor must still pay tax annually on his or her dividend income, whether it is received as cash or reinvested.
Answer: True
Explanation:
This statement is true. Dan Pink argued that when it came to creative businesses, it would be best to use intrinsic as opposed to extrinsic rewards to encourage employees as extrinsic rewards such as money could constrain creativity.
Intrinsic rewards are those that are psychologically rewarding such as giving employees tasks that are fulfilling and make them feel part of the team as well as positive feedback from employers.
Answer:
A mutual fund is an investment program funded by shareholders that trades in diversified holdings and is professionally managed.
Risks:
The level of risk in a mutual fund depends on what it invests in. Stocks are generally riskier than bonds, so an equity fund tends to be riskier than a fixed income fund. Plus some specialty mutual funds focus on certain kinds of investments, such as emerging markets, to try to earn a higher return. These kinds of funds also tend to have a greater risk of a larger drop in value—yet the greater the risk, the greater the reward (or potential for higher returns).
Risks of Investing in Equity Mutual Funds The below are a few key risks involved with investing in equity funds: Volatility Risk: An equity fund invests primarily in the shares of companies listed on stock exchanges. Thus, the value of an equity fund is directly related to the performance of companies, in stocks of which it has invested.
These arise out of the <u>legal</u> environment of business.
<u>Explanation</u>:
A manager is a person who is responsible for controlling and managing the operation of the organization. The manager organizes, plans and directs the staffs in his organization. He is responsible for effective running of the organization.
The manager faces many challenges in the company to maintain its successful running.
The manager is considered to be good if he coordinates his employees towards the success of the organization. The manager should effectively monitor the behavior of the employees.