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
taurus [48]
2 years ago
10

Plack Co. purchased 10,000 shares (2o/o ownership) of Ty Corp. on February 14, Year 1. Plack received astock dividend of 2,000 s

hares on April 30, Year 1, when the market value per share was $35. Ty paid a cash dividend of $2 per share on December 15, Year 1. In its Year 1 income statement, what amount should Plack report as dividend income?a. $20,000b. $24,000c. $90,000d. $94,000
Business
1 answer:
timofeeve [1]2 years ago
5 0

Answer:

d. $94,000

Explanation:

April 30th:

2,000 shares x $35 per share = 70,000 sotck dividends

December 15th:

12,000 shares x $ 2 per share =   24,000 cash dividends

                                   total            94,000

The dividend income will be for 94,000 the sum of both proceeds fom Ty Corp

Plack will declare income for both, the stock received and the cash dividends.

You might be interested in
A traditional cover letter’s format includes an introduction, a __________and a_____________ paragraph.
ehidna [41]

A traditional cover letter’s format includes an introduction, a body and a closing paragraph.

4 0
3 years ago
A winning formula for many Answer E: Luxury brands is craftsmanship, heritage, authenticity, and history, often critical to just
Fittoniya [83]

Correct question:

A winning formula for many ________ brands is craftsmanship, heritage, authenticity, and history, often critical to justifying a sometimes extravagant price.

A) design

B) non durable

C) durable

D) ingredient

E) luxury

Answer:

E, luxury

Explanation:

When a product is being purchased irrespective of it price, the manufacturer is said to have found a winning formula.

from the above question, a luxury item that is authentic with an history behind it as well as exccellenct craftsmanship amongst other things ensure that the item is continually sold no matter what price it is.

Cheers.

4 0
3 years ago
To respond to the structure of its industry, an organization should choose a __________.
Usimov [2.4K]
To respond to the structure of its industry, an organization should choose a __________.

Competitive strategy
8 0
2 years ago
J has a whole life policy with a return of premium rider. Which of the following would best describe this rider?
mixas84 [53]

Answer:

The correct answer is:

A term rider on a permanent policy.

Explanation:

A return of premium rider refers to the case when the insured adds some additional clauses to the normal policy for an extra cost. A rider is obtained considering a specific period of time in which the policy would be paid to the beneficiaries in case of death, sickness or disability of the insured person. In case that the insured subject lives more than the pre-established period of time the amount that he paid for the return of premium rider would be given back to him. For example if J pays $50 monthly for a 30 years life term policy and he lives after that period of time, he will receive $18.000 at the end of the contract as a premium return.

4 0
3 years ago
What are the six basic step of the problem solving process? HURRY I NEED THIS QUICK
SSSSS [86.1K]

Answer:

1) identify your problem: Try to describe the problem as much as possible, as opposed to focusing on the potential consequences or implications of the problem.

2) Pin point the problem

3) so that means you should do research based on the problem ^

4)Try evaluating the problem.. perhaps looking at it in perspective ^

5)see how the problem could affect you or others

6) Then work out a plan to solve the problem

6 0
2 years ago
Read 2 more answers
Other questions:
  • Which role did women most likely play in bringing dramatic change to hunter-gatherer societies?
    12·2 answers
  • Suppose you are the owner of a picture frame store and your current fixed costs total $50,000 (real estate taxes, interest on a
    15·1 answer
  • Define employee engagement and job satisfaction with respect to Theory of Motives and Needs.
    6·2 answers
  • Sony introduces a new compact music player to compete with Apple's iPod that carries a two-year warranty against manufacturer's
    12·1 answer
  • A website that sells wedding dresses targets ads to (1) women (2) ages 22 to 35 (3) actively searching for a wedding dress (4) w
    9·2 answers
  • Mike worked for Frank's Pizza as a driver and was an agent. His duties consisted of making deliveries along a designated route.
    10·1 answer
  • Waterway Industries provided the following information on selected transactions during 2021: Dividends paid to preferred stockho
    10·1 answer
  • When the economy is in a recession, expansionary fiscal policy can be used to stimulate and encourage economic growth. Which of
    15·1 answer
  • Please answer ASAP:
    15·1 answer
  • After the accounts have been adjusted at April 30, the end of the fiscal year, the following balances were taken from the ledger
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!