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KengaRu [80]
4 years ago
14

Alexandra owns stock in a corporation, and she just received 100 additional shares of stock as part of the corporation’s distrib

ution of profits for the current quarter. What is this distribution called? A. Dividends B. Negative equity C. Quantum meruit D. Consideration
Business
1 answer:
Marina CMI [18]4 years ago
7 0

Answer:

The correct answer is A

Explanation:

Dividend is the amount of money or a payment which is made through the corporation or business to its shareholders, mostly as a distribution of profits. When the business or corporation have profits or the surplus, then the business is able to re- invest the profit further and then pay the proportion of the profit as the dividend to the company shareholders.

So, in this case, Alexandra who received 100 additional on the stock is the distribution of profit, which is called as dividends.

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Ruby is 25 and has a good job at a biotechnology company. She currently has $10,000 in an IRA, an important part of her retireme
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Answer:

a. How much will Ruby’s IRA be worth when she needs to start withdrawing money from it when she retires?

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Read 2 more answers
Culinary Enterprises manufactures cookware sets and sells the sets to department stores. Culinary expects to sell 2 comma 600 co
Juli2301 [7.4K]

Answer:

The Total Budgeted Sales of May is $944,000

Explanation:

Budgeted sales are those sales which a business estimated in a particular period of time. While budgeting the future value company calculated the sales cost and other expenses to minimize the uncertainty and prepare for the future.

As per given data

In May

Budgeted sales Volume = 3,200 cookwares

Budgeted price per unit = $295

Budgeted Sale value = Budgeted Volume x Budgeted Sales price = 3,200 cookwares x $295 = $944,000

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3 years ago
Pro forma financial statements are the most comprehensive means of financial forecasting. projections of financial statements fo
nadezda [96]

Answer:

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