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
denis23 [38]
3 years ago
14

Sharon Corporation redeems 20 shares of Kevin's common stock. Kevin directly owned 50 shares prior to the redemption. Kevin is a

lso a 50% partner in AMI Partnership which also holds 50 shares of Sharon. How many shares is Kevin treated as owning prior to the redemption
Business
1 answer:
alexdok [17]3 years ago
4 0

Answer:

75 shares

Explanation:

In this specific scenario, it seems that Kevin is treated to 75 shares prior to the redemption. This is calculated by adding the 50 shares that Kevin holds directly prior to the redemption itself as well as the 25 extra shares that are held by AMI. These 25 shares are 50% of the total 50 shares that AMI holds since Kevin is a 50% partner.

You might be interested in
Which one of the following is a characteristic of an oligopoly​
kotegsom [21]

Answer:

a small number of firms selling a homogeneous or a differentiated product

Explanation:

if this is one of the choices this is correct

6 0
3 years ago
Read 2 more answers
A company's chart of accounts is: a detailed list of the accounts that make up the five financial statement elements. the set of
polet [3.4K]

Answer:

A detailed list of the accounts that make up the five financial statement elements.

Explanation:

The company's chart of accounts is the listing of all the accounts that the company has included as part of the five financial statement elements during a specific period of time.

The five financial statement elements are: assets, liabilities, equity (part of the balance sheet), expenses and revenues (part of the income statement).

Examples of accounts that can be part of a firm's chart of accounts are: land (asset), cash (asset), notes payable (liabilities), outstanding stock (equity), operating expenses (expenses), and sales revenue (revenues).

The chart of accounts can differ greatly from company to company simply because companies engage in vastly different economic activities.

8 0
3 years ago
What is the most fastest car in the world
gtnhenbr [62]

Answer:

Bugatti Chiron Super Sport

Explanation:

The Bugatti Chiron Super Sport can go 304 MPH

7 0
2 years ago
Khandi gives a presentation to advocate that her employer, Let-Us Ltd., which offers services such as personal shopping and even
Sladkaya [172]

Answer:

A). She cites a personal services company in another city that increased its business by adding dog walking to its services.

Explanation:

PREP method is demonstrated as the effective method or approach of presentation or speech that consists of four steps: 'P stands for 'point'(statement of claim), 'R stands for 'reasons'(explanation of the point), 'E stands for 'examples or evidence'(to support the claim), and lastly, 'P stands for point('justification and restatement of the claim').

According to this method, option A i.e. 'She cites a personal services company in another city that increased its business by adding dog walking to its services' reflects the third step that Khandi uses for her presentation. <u>This citation would not only support her claim but also establish the credibility of her claim</u> while the next step would prove how her claim is justified. Thus, <u>option A</u> is the correct answer.

7 0
3 years ago
For Year 2, Etzkorn Corporation's sales were $1,480,000, its gross margin was $580,000, its net operating income was $63,714, it
mixer [17]

Answer:

Return on equity = Net income/Shareholders' equity x 100

                            = $29,600/$829,000 x 100

                            = 3.57%

The company's return on equity is closest to 3.67%

Explanation:

Return on equity is the ratio of net income to shareholders' equity. The net income = $29,600 and shareholders' equity = $829,000. The division of net income by shareholders' equity gives return on equity.

6 0
3 years ago
Other questions:
  • Write 7÷10, 1÷3, 7÷12 and 8÷10 in order from least to greatest ​
    7·1 answer
  • which is true:_______A. high p/e ratio could mean that the company has a great deal of uncertainty in its future earningsB. low
    15·1 answer
  • When manufacturers try to understand what customers are looking for, they are thinking about the __________ component of the pro
    10·1 answer
  • When a producer offers a prospective insured a portable dishwasher as a bonus for purchasing a policy, he/she could be guilty of
    14·1 answer
  • Which of the following was the result on appeal in Securities and Exchange Commission v. Texas Gulf Sulphur Co, the case in the
    5·1 answer
  • On February 1, 2020, Bonita Industries purchased a parcel of land as a factory site for $328000. An old building on the property
    9·1 answer
  • Think of a situation when you received a bad news with direct pattern (without any buffer). How did you react in that situation?
    8·2 answers
  • Given all the details about bonds and stocks, which do you prefer to invest with your money in the future? Explain in your own w
    5·1 answer
  • Rodney (a fictional person) was self-employed, running a successful business, seemingly healthy, and never thought he would have
    14·1 answer
  • What is a LinkedIn InMail?
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!