Answer:
b. $2.50
Explanation:
Dividend paid = 45%*12,50,000
= $562500
dividend per share = 562500/225000
= $2.50
Therefore, The dividend per share should it declare is $2.50
Answer:
low-ball technique
Explanation:
Low-ball technique is a method used to persuade buyers make a purchase by offering a product at low price to get the customer to commit. The price is then increased.
This is a method commonly used by sales people.
In the given scenario this was used by the salesman when a couple orally agrees to purchase an appliance at a special price, he tells them he misquoted the price, indicating it was only available for an out-of-stock model with fewer options.
Since the couple had made a commitment to buy the particular appliance, they still buy at the higher price.
Answer: 8.05%
Explanation:
From the question, we are informed that Holdup bank has an issue of prefered stock witha stated dividend of $7 that just sold for $87 per share.
The banks cost of prefered will be:
= Dividend / Stock value
= 7/87
= 0.0805
= 8.05%
A person who is the exclusive owner of a business, entitled to keep all profits after tax has been paid but liable for all losses ; a sole trader.
Answer:
a) credit appropriations control
Explanation:
Ridge township's governing body adopted its general fund budget for the year ended July 31, year 1, composed of estimated revenues of $100,000 and appropriations of $80,000, ridge formally integrates its budget into the accounting records. to record the appropriations of $80,000, ridge should: credit appropriations control .
In government or public sector accounting which deals with the transaction recording of government agencies, the adoption of a budget is treated thus:
Dr. Estimated Revenues
Cr. Appropriations Control
Whatever variations in amount are then credited or debited to the fund balance