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arlik [135]
3 years ago
7

Marigold Corp. has 493000 shares of $10 par value common stock outstanding. During the year Marigold declared a 14% stock divide

nd when the market price of the stock was $36 per share. Three months later Marigold declared a $0.60 per share cash dividend. As a result of the dividends declared during the year, retained earnings decreased by
Business
1 answer:
Gelneren [198K]3 years ago
6 0

Answer: $2,821,932

Explanation:

No. of shares outstanding before stock dividend = 493,000

Price per share = $36

Stock dividend issued (shares issued) = 493,000 x 14% = 69,020

Value of stocks issued as stock dividend = 69,020 x $36 = $2,484,720

No. of shares outstanding after stock dividend = 493,000 +69,020 = 562,020

Cash dividend = 562,020 x 0.60 = 337,212

Total reduction in retained earnings = total value of dividend issued

= $2,484,720+$337,212

= $2,821,932

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sammy [17]

Answer: Option C

Explanation: In simple words, macroeconomics refers to that branch of economics which studies the economy as a whole.

The equilibrium in macroeconomic aspect refers to a situation when the aggregate demand of an economy equals its aggregate supply in the market.

The demand generates from the expenditure and the supply generates from the production.

Hence from the above we can conclude that the correct option is C.

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3 years ago
What is home equity?
shepuryov [24]
Difference between the purchase price of the home and its current market price
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A barter economy is different from a money economy in that a barter economy
fredd [130]

Answer:

The answer is;

people trade goods directly with goods rather than through using money

Explanation:

In that a barter economy, people trade goods directly with goods rather than through using money.

Money is not used in a barter economy. Barter economy was experienced a very long time ago.

For example, Mr A. has yam at home but needs rice, he has to look for someone that wants yam in exchange for the rice he needs

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3 years ago
At the current steady state capital-labor ratio, assume that the steady state level of per capita consumption, (C/N)*, is greate
Blizzard [7]

Answer:

C) a reduction in the saving rate will have an ambiguous effect on (C/N)*

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Since the consumption rate is already higher than the steady state consumption, the effect of a decrease in the savings rate is ambiguous. Every dollar earned by a household is either spent or saved, and in order for savings to decrease, spending must increase.

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6 0
2 years ago
What makes Ford a successful business?
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The key is efficiency. Ford and his business were captains of efficiency, from mass manufacturing via the factory line to economical individual effort. Ford Motor Company produced cars swiftly assembly line.

<h3>How a business becomes successful?</h3>

The most prosperous organizations place a high priority on providing excellent customer service and a great client experience. Making goods and services that consumers demand is the first step. However, concentrating on your clients goes beyond you products.

<h3>What does a successful business look like?</h3>

Instead of focusing on earning short-term benefits, successful businesses are focused with establishing long - term profits and creating sustainable growth. By creating new goods or services that satisfy customers, successful businesses are able to effectively address the changing wants of their clients.

To know more about Successful businesses visit:

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