Answer:
The options that are true regarding dividends include:
- A stock dividend increases the number of outstanding shares.
- A stock dividend commonly indicates management's confidence that the company is doing well.
Explanation:
A stock dividend is a payment to shareholders that is made in shares rather than in cash.
Once investors receive stock dividends, the number of their shares will increase. this validates the first statement
Secondly, stock dividends have a tax advantage for the investor. The share dividend, like any stock share, is not taxed until the investor sells it unless the company offers the option of taking the dividend as cash or in stock.
The stock dividend has the advantage of rewarding shareholders without reducing the company's cash balance thereby indicating management's confidence in the company is well-being.
Answer: 35 months
Explanation:
Interest to be paid = 1,200 - 1,020
= $180
This means that;
180 = 1,020 * 0.06 * t
61.2t = 180
t = 2.94 years
In months
= 2.94 * 12
= 35.28
= 35 months
Answer:
Bankruptcy
Explanation:
After declaring bankruptcy, all of your financial obligation would be wiped up, minus several exceptions. For example: Child support, student loans, and alimony would not be deleted even if you declared bankruptcy.
Even though bankruptcy eliminate your current debts, it actually will create more financial problems for you in the future. For example, it will be almost impossible for you to qualify for mortgage or any other types of bank oloans.
Answer:
The correct answer is C
Explanation:
Flexible budget report is the report of management which compares the actual revenue or profit with the costs of the period or year along with the budgeted revenues or profits and the costs is grounded on the actual sales volume.
The amount appears on the report of the flexible budget is the budgeted amounts for the actual level of the activity achieved.
