1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
monitta
3 years ago
8

Mark owns stock in Walgreens. He has the right to vote on company issues and examine corporate records, and he receives dividend

s from Walgreens' profits. What type of stock does Mark own?a. "A" classb. Preferredc. Proxyd. Dividende. Common stock
Business
1 answer:
nikklg [1K]3 years ago
4 0

Answer:

common stock            

Explanation:

Common stock refers to the kind of control of company equities, a kind of protection. Often commonly used in certain regions of the world are the words participating share and ordinary stock; "common shares" is mainly used throughout the USA.

In the incident of insolvency, any remaining money are compensated to common stock shareholders after bondholders, depositors (including staff), and preferred shareholders. Generally, common stock stakeholders often get nothing after bankruptcy in insolvency.

Common shareholders may also make money via an appraisal of resources. Throughout time, common stock will perform much better against preferred shares or debt, in part to offset the extra threat.

You might be interested in
The price of compact fluorescent light bulbs fell because of improvements in production technology. As a result, the demand for
eimsori [14]

Answer:

c. The statement is false because the demand for incandescent light bulbs would increase as the price of compact fluor. light bulbs fell.

Explanation:

If improvements in production technology reduce the price of incadescent light bulbs, the normal thing that would happen is that demand for this good would increase, because now people will be able to buy the good at a lower price.

4 0
3 years ago
Shahia Company bought a building for $88,000 cash and the land on which it was located for $117,000 cash. The company paid trans
chubhunter [2.5K]

Answer:

Depreciation amount at the end of one year is $10,900

Explanation:

Land is not depreciated because land is assumed to have an unlimited useful life. Building is a long lived assest and it has limited useful lives. Therefore, building is depreciated assets.

The building acquisition cost is = Building transaction value + building transfer costs + Renovation cost

= $88,000 + $4,000 + $25,000

= $117,000

Depreciation value = The building acquisition cost - The residual value

= $117,000 - $8,000

= $109,000

Depreciation amount under the Straight-line method is calculated as below:

Yearly depreciation = \frac{Depreciation Value}{Useful life}

= \frac{109,000}{10}

= $10,900

6 0
3 years ago
A portfolio is comprised of two stocks. Stock A comprises 65% of the portfolio and has a beta of 1.21. Stock B has a beta of .95
Lapatulllka [165]

If a  portfolio is comprised of two stocks. Stock A comprises 65% of the portfolio and has a beta of 1.21. The portfolio beta is 1.119.

<h3>Portfolio beta</h3>

Using this formula

Portfolio beta=(Stock A portfolio×beta)+[(1-Stock A porfolio)× Stock B beta]

Let plug in the formula

βp = (.65 × 1.21) + [(1 - .65) × .95]

βp = (.7865) + [.35 × .95]

βp= .7865+ .3325

βp = 1.119

Therefore the portfolio beta is 1.119.

Learn more about  portfolio beta here:brainly.com/question/14986133

8 0
1 year ago
Suppose Ernie gives up his job as financial advisor for P.E.T.S., at which he earned $30,000 per year, to open up a store sellin
8_murik_8 [283]

a) Ernie's accounting profit is <u>$40,500</u>.

b) Ernies economic profit is <u>$10,500</u>, excluding the salary forgone (opportunity cost) from the accounting profit.

<h3>What is the difference between accounting profit and economic profit?</h3>

The difference between accounting profit and economic profit is that accounting profit does not consider the opportunity costs, which economic profit factors in.

Accounting profit is narrower in concept than economic profit.  It is simply revenue minus total costs without opportunity cost.

Economic profit, on the other hand, includes the opportunity costs in the total costs.

<h3>Data and Calculations:</h3>

Salary per year at P.E.T.S = $30,000

Annual interest from savings = $500 ($10,000 x 5%)

Revenue in the new business = $50,000

Explicit costs = $10,000

Accounting profit = $40,500 ($50,500 - $10,000)

Economic profit = $10,500 ($50,500 - $10,000 - $30,000)

Thus, Ernie's accounting profit is <u>$40,500</u> and the economic profit is <u>$10,500</u>.

Learn more about accounting profit and economic profit at brainly.com/question/27113609

#SPJ1

4 0
1 year ago
The Dogwood Technology Company managerial accountant computes the May total variance report. The budgeted fixed overhead was $ 4
Jobisdone [24]

Answer:

$750 favorable ; $200 unfavorable

Explanation:

The computations are shown below:

For fixed overhead budget variance:

= Budgeted fixed overhead - actual fixed overhead

= $47,420 - $46,670

= $750 favorable

For fixed overhead volume variance:

= Budgeted fixed overhead - standard fixed overhead cost allocated to production

= $47,420 - $47,220

= $200 unfavorable

Hence we consider all the given information

8 0
3 years ago
Other questions:
  • True or false: employers are made worse off but employees are made better off by this law.
    14·1 answer
  • Which businesses make up the extractive industry
    14·1 answer
  • As a result of the rising interest rates in this example, Businesses choose to reduce their Investment Spending by $_________ bi
    5·1 answer
  • A person who offers a facilitation payment in order to secure a contract that will keep her company from going bankrupt and layi
    13·1 answer
  • Joey’s parents told him that for every 3 hours of chores he completes, they would give him $11 for his allowance. His friend Sar
    11·1 answer
  • What are the requirements for being a dental assistant?
    8·1 answer
  • What is the definition of excellent customer service?
    13·1 answer
  • Which one of the following statements is correct? A) The lessor is primarily concerned with returning the asset at the end of th
    9·1 answer
  • At what wage rate will there be excess labor supplied in the market?
    11·2 answers
  • Profit maximization fails to provide an appropriate goal for financial managers because.
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!