Answer:
d. $94,000
Explanation:
April 30th:
2,000 shares x $35 per share = 70,000 sotck dividends
December 15th:
12,000 shares x $ 2 per share = 24,000 cash dividends
total 94,000
The dividend income will be for 94,000 the sum of both proceeds fom Ty Corp
Plack will declare income for both, the stock received and the cash dividends.
The formula is
A=p (1+rt)
A future value 1650
P present value 1200
R interest rate 0.08
T time?
1650=1200 (1+0.08t)
Solve for t
Divide both sides by 1200
1650/1200=1+0.08t
Subtract 1 for both sides
(1650/1200)-1=0.08t
Divide both sides by 0.08
T=((1,650÷1,200)−1)÷0.08
T=4.69 years round your answer to get 5 years
Another way using the formula of simple interest
I=prt
I interest earned which can be found by subtracting the present value from the future value (A-p)=1650-1200=450.
P principle 1200
R interest rate 0.08
T time?
Solve the formula for t
T=I/pr
T=450÷(1200×0.08)
T=4.69 years round your answer to get 5 years
Hope it helps!
The average of the 30 stocks in the Dow Jones decreased. Apex
Project GLOBE, would rank Taryn's organization as high in the cultural dimension of assertiveness.
This cultural dimension of the company portrays an organization that encourages competitiveness and confrontation between employee relationships, being a performance-oriented organization.
Therefore, assertiveness in an organizational culture can be advantageous, as it encourages greater exposure of ideas and opinions, in an honest and direct way, which can:
- increase creativity and innovation.
- make the decision-making process more objective and faster.
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The bank’s excess reserves are $6 million.
The required reserve ratio is 8%. It means that banks should keep 8% in their deposits as required reserves. The bank has a deposit of $50 million. It means it has to maintain only $4 million(50×0.08 )i.e 8% of 50 million, as a required reserve. Excess reserves are the reserve, over and above required reserves. If overall reserves are 10 million and required reserves are only 4 million then excess reserve =6 million (10 -4)
The reserve ratio is the portion of reservable liabilities that business banks must keep onto, rather than lend out or invest. this is a requirement decided with the aid of the country's primary bank, which in America is the Federal Reserve. it is also known as the cash reserve ratio.
A reserve assets ratio for a bank which units the minimal liquid reserves that a bank ought to hold in the event of a sudden boom in withdrawals. A high reserve property ratio may limit the lending that a bank is able to do – it must maintain better amounts of cash.
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