All categories

3 years ago

Which of the following is TRUE about owning a share of stock?

Business

1 answer:

MAVERICK [17]3 years ago

6 0

Answer:

The correct answer is letter "B": Owning a share means you own a percentage of the company.

Explanation:

A share which is also called a stock is a corporate or financial asset ownership unit. Owning some shares in the business entitles the holder to a proportionate amount of the company's profits. Profits are called dividends when they are paid to shareholders.

You might be interested in

The three-legged Ork, a space creature from the universe Warhammer, wears 1 right shoe and 2 left shoes. Which set of market bun

denis23 [38]

Answer:

6 right shoes and 12 left shoes

Explanation:

That Ork needs 2 left shoes for every right shoe, to match the feet configuration.

So, we have to look into the possible answers, which offers a 2 to 1 ratio for the left shoes.

10 right shoes and 16 left shoes

No. Left-shoes ratio is 1.6 not the 2 we need.

12 right shoes and 12 left shoes

No, the left-shoes ratio is 1, not the 2 we need.

15 right shoes and 14 left shoes

No, the left-shoes ratio is 14/15, less than 1, so not the 2 we need.

6 right shoes and 12 left shoes

YES! The left-shoes ratio is 2, exactly what we need.

4 0

3 years ago

The expense recognition (matching) principle requires that expenses (expenses/assets/liabilities) be recorded in the same accoun

Tju [1.3M]

Answer:

Expenses ; revenues ; adjusting

Explanation:

According to the expense recognition or matching principle, the expenses that are incurred in a particular period should be matched with the revenues that are earned in that particular period.

This principle major part is of the adjustments so that the adjustment entries are passed so that the financial statements represents the true and fair view to the users of the accounting information

8 0

3 years ago

A policy maker is unsure of the true marginal damages associated with a good, but they know that the marginal externality is con

katovenus [111]

Answer: True

Explanation:

Marginal externality is constant. However, it may not be calculated with accuracy. Hence, there's need for estimates at reasonable levels.

Hence, the policymaker's estimate of $35/ unit is reasonable and within the acceptable range of between $10 and $50/unit. Also, the tax charge raises social welfare compared to no tax at all.

6 0

3 years ago

9. Suppose an investor has two choices:Choice 1: invest in a Bond A which is a 2-year bond with an interest rate of 12% Choice B

statuscvo [17]

Answer:

the answer is (C) both of the choices would produce the same return

6 0

3 years ago

Compute the 2019 Federal income tax liability and the marginal and effective tax rates in each of the following independent case

muminat

Answer: a.19.59% b.15.11%.

Explanation:

Average tax rate is given as the total tax paid divided by total taxable income which is expressed as a percentage and must be less than the marginal tax rate.

Chandler is single and reports

taxable income of $132,200.

Tax liability: 25,903

Marginal rate: 24 %

Average rate: 17.94 x % = wrong

Average rate = total liable tax/ total income= 25, 903/ 132,200=0.195937 rounded to 0.1959

0.1959 x 100 = 19.59%.correct

b. Lazare, a head of household, records

taxable income of $80,600.

Tax liability: 12,176

Marginal rate: 22 %

Average rate: 12.30 X %= wrong

Average rate = total liable tax/ total income= 12,176/ 80,600= .0.15106= 0.1511

0.1511 x 100 = 15.11%.correct.

4 0

3 years ago