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3 years ago

Which one of the following is not an ownership right of a stockholder in a corporation?

Business

1 answer:

boyakko [2]3 years ago

7 0

Answer:

A) To declare dividends on the common stock.

Explanation:

A stockholder has the right to claim their share in case of firm liquidation. They also have a right to a share in corporate earnings which are paid out as dividends when they are declared. Common stockholders also have the right to vote and elect directors for management. However, they do not have a right to declare dividends as this is a privilege solely reserved for the management of the corporation and so a stockholder has no say in it.

Hope that helps.

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A company is considering the purchase of a new piece of equipment for $90,000. Predicted annual cash inflows from this investmen

Nesterboy [21]

Answer:

3.5 years

Explanation:

Payback period calculates the amount of the time it takes to recover the amount invested from the cumulative cash flows.

The amount invested is $-90,000

In the first year , $-90,000 + $36,000 = $-54,000 is recovered

In the second year, $-54,000 + $30,000 = $-24,000 is recovered

In the third year, $-24,000 + $18,000 = $-6,000 is recovered

In the fourth year, $-6,000 + $12,000 = $6000 is recovered.

By the fourth year, the total amount invested is recovered as the cash flow turns postive

Pay back period = 3 years + $6000/$12,000 = 3.5 years

I hope my answer helps you

8 0

3 years ago

Which economic utility increased when fast-food restaurants began accepting credit.

Alborosie

Answer:

Possession utility

Explanation:

Possession utility is the value consumers derive from purchasing a good and there is an option for them to make use of the good for the primary function it was made to perform or when it is possible to make use of the good in another way.

The possession utility of a product can increase when a customer is given a means of finance that affords him an immediate enjoyment of a commodity by paying little or no money for it.

Therefore, possession utility increased when fast-food restaurants began accepting credit.

4 0

3 years ago

Read 2 more answers

Sellers of bottled water find that whether the price falls or rises, the quantity bought by consumers remains unchanged every we

Agata [3.3K]

Answer:

Explanation:

Elasticity of demand measures the responsiveness of quantity demanded to changes in price.

Demand is perfectly inelastic if a change in price has no effect on quantity demanded. Quantity demanded remains unchanged no matter the change in price.

Water is assumed to be a necessity so demand would not change no matter the change in price.

Demand is inelastic when a change in price has little or no effect on quantity demanded.

Demand is elastic when a change in price has a greater effect on the quantity demanded.

Demand is unitary elastic when a change in price has an equal erfect on quantity demanded.

I hope my answer helps you

5 0

3 years ago

Explain why Total costs curve behaves like this?

Nikolay [14]

Answer:

Explanation: TVC is the total variable cost curve. It slopes upward left to right, as inverse S-shaped. This slope of TVC curve shows that the total variable cost increases initially at a decreasing rate as the total output increases and subsequently it increases at an increasing rate with the increase in the output.

Explanation:

8 0

3 years ago

Reporting an Income Statement, Reporting a Statement of Retained Earnings, Reporting a Balance Sheet and Recording Closing Journ

Ber [7]

Answer and Explanation:

The Journal entry is shown below:-

1. Sales Revenue Dr, $42,030

Rent Revenue $300

To Salaries and Wages Expense $21,600

To Depreciation Expense $1,300

To Utilities Expense $4,220

To Insurance Expense $1,400

To Rent Expense $6,000

To Income Tax Expense $2,900

To Retained Earnings $4,910

(Being closing of revenues and expenses is recorded)

2. Retained Earnings Dr, $300

To Dividends $300

(Being closing of dividend is recorded)

4 0

3 years ago