Answer:FALSE
Explanation:Sydney can not sell them to another person as he does not have the legal authority to sell copies of the book.
Copyright laws prohibits persons or Organisations who are not the rightful owner of the publishing or marketing of Art works,in certain societies trade marks are given to certain Organisation or agents. Violating this right might lead to legal prosecution either by the Government or the owner of the right.
Answer:
Allocated cost= $14,400
Explanation:
<u>First, we need to calculate the allocation rate for setup:</u>
<u></u>
Cost allocation rate= total estimated costs for the period/ total amount of allocation base
Cost allocation rate= 60,000 / 50
Cost allocation rate= $1,200 per setup
<u>Now, we can allocate setup cost to G10:</u>
Allocated cost= 1,200*12
Allocated cost= $14,400
Answer:
Option 3
Explanation:
Earnings & profits (E&P) is the measure of a corporation’s economic ability to pay dividends to its shareholders. An up-to-date E&P calculation is important for many corporate transactions, including determining whether a distribution to shareholders is a taxable dividend.
The E&P allocated to Andrew's distribution
= 160,000 * 150,000/(350,000+150,000)
= 160,000 * 150,000/500,000
= 48,000
Option C
The value of stock after 5 years from today will be $29.48 considering the dividend paid and growth rate.
Given information:
Dividend per share = $2.10
Required rate of return = $11.5
Growth rate = 3% = 0.03
Dividend after 5 years = 2.10 (1+0.03) ^6 =$2.506
Value of stock= Dividend per share / (Required rate of return-growth rate)
Value of stock = 2.506/ (0.115-0.03) = $29.48
A stock is a colloquial phrase for any company's equity certificates. But at the other hand, a share alludes to a specific company's stock certificate. You become such a shareholder if you acquire shares of a particular corporation. There are two sorts of stocks: ordinary and preferred. The distinction is that whereas the owner of the former can exert right to vote in company decisions, the latter doesn't really. However, even before dividends are distributed to other shareholders, preferred shareholders have a lawful authority to a specific amount of dividend payouts.
Learn more about stocks here:
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