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marishachu [46]
2 years ago
10

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

Business
1 answer:
MAVERICK [17]2 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 <em>corporate or financial asset ownership unit</em>. 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.

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If at the time of partnership liquidation, a partner has a $5,000 capital deficiency and pays the partnership $5,000 out of pers
ddd [48]

Answer:

TRUE

Explanation:

At the time of capital deficiency and the partner pays the deficit amount using his personal asset, he is therefore entitled to his share in the final distribution of cash. In the event the partner did not pay the deficit amount during the deficiency, the said amount will be deducted by his share before he will be entitled to any excess. A partner that is bound up to his personal asset is the general partner. Limited partners are not liable up to their personal asset and bound only up to their capital contribution provided that they are registered in the articles of partnership as 'limited partner" and they will not take part in the management of the partnership.

3 0
2 years ago
On January 1, Bargain Company's Valuation Allowance for Trading Investments account had a debit balance of $18,500. On December
natulia [17]

Answer:

3) Unrealized Gain on Trading Investments of $1,500.

Explanation:

By January 1, Bargain Company had recognized a $18,500 gain on their investment (the valuation allowance account had a debit balance = gain). By the end of the year, the gain on the investment had increased to $20,000 (= $100,000 - $80,000), so you need to recognize an additional gain of $1,500 (= $20,000 - $18,500).

4 0
3 years ago
Here is some price information on Fincorp stock. Suppose first that Fincorp trades in a dealer market. Bid Asked 55.25 55.50 a.
Artemon [7]

Answer:

a. Your trade will be executed at the bid price of 55.25.

b. Your trade will be executed at the ask price of 55.50.

Explanation:

First note that:

The bid price is the highest price a buyer will pay for a security.

The ask price is the lowest price a seller will accept for a security.

Therefore, we have:

a. Suppose you have submitted an order to your broker to buy at market.  At what price will your trade be executed? (Round your answer to 2 decimal places.)

Since you are the buyer, your trade will be executed at the bid price of 55.25. This is because the bid price is the highest price you as a buyer will pay for a security.

b. Suppose you have submitted an order to sell at market. At what price will your trade be executed? (Round your answer to 2 decimal places.)

Since you are the seller, your trade will be executed at the ask price of 55.50. This is beecausee the ask price is the lowest price uou as a seller will accept for a security.

7 0
2 years ago
Assume Maine Line Railway is considering hiring a reservations agency to handle passenger reservations. The agency would charge
inna [77]

Answer:

$214,000

Explanation:

The total reservation cost per month is given by the following expression:

R = \$14,000+\$1*n

Where 'n' is the number of monthly reservations.

If there are 200,000 reservations for passengers taking a trip next month, the reservation cost is:

R = \$14,000+\$1*200,000\\R=\$214,000

Total reservation cost is $214,000.

7 0
3 years ago
Read 2 more answers
Your employer emailed a question and to all employees to gather data on employee satisfaction what type of research is your comp
Dovator [93]

Answer:

Primary

Explanation:

8 0
2 years ago
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