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
Anarel [89]
3 years ago
11

By purchasing stock, you then become part owner of the company. True False

Business
1 answer:
g100num [7]3 years ago
7 0

Answer:

True

Explanation:

You are buying company stock, stock being the amount of profits the company gains, which technically classifies you as an owner

You might be interested in
Suppose that you buy a two-year 7.4% bond at its face value. a-1. What will be your total nominal return over the two years if i
Harman [31]

Answer: 15.35%

Explanation:

The total nominal return over the two years if inflation is 2.4% in the first year and 4.4% in the second year will be calculated thus:

= (1+Interest rate)² -1

= (1 + 7.4%) - 1

= (1 + 0.074)² - 1

= 1.074² - 1

= 1.153476 - 1

= 0.153476

= 15.35% over the two years

8 0
3 years ago
On july 1 of the current calendar year, plum co. paid $7,500 cash for management services to be performed over a two-year period
morpeh [17]

Dec 31              Management Services ....................................$1875

                           To Prepaid Expenses.....................................................$1875

(Being prepaid expenses recognised for the year)


6 0
3 years ago
Read 2 more answers
Future value of an annuity: Carlos Menendez is planning to invest $3,500 every year for the next six years in an investment payi
emmainna [20.7K]
7 is the annual rate for 6 years
8 0
3 years ago
A net worth statement, financial goals, and a budget are all part of a _____.
Gemiola [76]
A net worth statement, financial goals, and a budget are all part of a financial plan.
5 0
2 years ago
Professor’s Annuity Corp. offers a lifetime annuity to retiring professors. For a payment of $74,000 at age 65, the firm will pa
photoshop1234 [79]

Answer: 0.10%

Explanation:

The following can be gotten from the question:

n = 15 years

We change it to months. Thus will be:

= 15 × 12

= 180

Present value of an annuity :

= A × {1- (1 +r ) -n ]/r}

74000 = 450 × [ 1- (1 +r) - 180]/r

r= 0.10%

Therefore, the monthly interest rate is 0.10%.

8 0
3 years ago
Other questions:
  • Although many factors affect the value of real property, what is the primary driver in determining the value of real property?
    15·1 answer
  • A top executive at IBM shared with his friends some "inside" information that allowed them to engage in very profitable stock tr
    12·1 answer
  • Which loan type requires you to make loan payments while you’re attending school?
    15·1 answer
  • Which option is the most appropriate genre for work-related communication? answer?
    12·2 answers
  • In 2006, 61.2 million adults volunteered throughout the United States for a total of
    6·2 answers
  • When a manager assigns someone to work one-on-one with a new employee and show the new employee how the work is done, the traini
    10·1 answer
  • Which of the following is typically NOT the way in which real property ownership can be transferred: a. Will. b. By sale. c. Inh
    6·1 answer
  • The formula for the cross-price elasticity of demand is percentage change in rev: Multiple Choice quantity demanded of B/percent
    10·1 answer
  • This is a partial adjusted trial balance of Pharoah Company. PHAROAH COMPANY Adjusted Trial Balance January 31, 2022 Debit Credi
    12·1 answer
  • A physical count of merchandise inventory on November 30 reveals that there are 96 units on hand. Cost of goods sold (rounded) u
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!