Answer:
$330
Explanation:
The computation of the dividend income received as on July 31 is shown below:
where,
Total number of shares purchased is
= 100 shares + 200 shares
= 300 shares
And, the dividend per share is $1.10
So, the dividend income received is
= 300 shares × $1.10
= $330
We simply applied the above formula to determine the dividend income received
Answer:
The ratio that is helpful in understanding whether the relationship between cash and marketable securities is reasonable in relation to current assets or total assets is;
Current assets/Total assets
Explanation:
Current assets represent a portion of the total assets that can be converted into cash or marketable securities quickly. A higher Current assets to total assets helps one to know the amount of the total assets that can be liquidated fairly quickly. The current assets should be able to be converted into cash or cash equivalents within a year to be deemed as a current asset. Examples of current assets are; cash, cash equivalents, stock inventories, market securities, accounts receivable, inventories and other liquid assets.
Current assets are the exact opposite of long-term assets, since the latter represents the portion of total assets that can not be easily converted in cash and cash equivalents within a year. They usually take a much longer time to convert into cash. They are; equipment, land and buildings.
The total assets include all the assets mentioned above. The summation of currents assets and long-term assets form the total assets.
<u>Answer:</u>
bulk
<u>Explanation:</u>
The Tomatoes are produced in a bulk and the canned products are sent out in batches but the process of moving tomatoes from receiving through packaging and processing is done on a conveyor belt which is a continuous process.
Therefore, the production of tomatoes in a bulk is a continuous process which goes on around the clock on a conveyor belt and the final products are sent out in batches which have their own unique identity number.
Answer:
hope it's help you ok have a good day