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3 years ago

Touchtech earns revenue when edison purchases 100 shares, even if he purchases them from an existing shareholder.

Business

1 answer:

Strike441 [17]3 years ago

6 0

Answer:

A. An increase in the perceived profitability of Touchtech will likely cause the value of Edison's shares to rise.

B. Expectations of a recession that will reduce economy-wide corporate profits will likely cause the value of Edison's shares to decline

Explanation:

The price of the stock changes only because of the changes in the profitability of the firm. If the company is earning lower profits then the prices of the stock will fall and vice versa. So the option A is correct because increase in profitability increases the value of the shares.

So the main thing here is the profitability of the firm which is affected by the recession in the economy because during the recession period the profitability of the firm decreases and so the value of the stock decreases. So the option B is correct

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mixas84 [53]

Answer: $1,852,320

Explanation:

First find out the proportion owned by Matsui.

= 74,800 shares / 220,000

= 34%

The investment at the end of the year is:

= Cost of investment + Shares of net income - Share of dividend

Share of income:

= Percentage ownership * Net income

= 34% * 240,000

= $81,600

Share of dividend:

= 34% * 72,000

= $24,480

Investment at end of year:

= 1,795,200 + 81,600 - 24,480

= $1,852,320

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3 years ago

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Leto [7]

Answer:

A. $0.90

Explanation:

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Taxes 15000

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common stock outstanding 100000

Earning per share 0.9

Therefore, The outstanding Earnings per share on the common stock was $0.90

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3 years ago

Abe and Jan are well to do and are concerned that the estate tax exemption of $10,500,000 (combined) will not be sufficient to a

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Answer:

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Explanation:

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3 years ago

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Answer:

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Explanation:

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3 years ago

Arturo Company pays $4,000,000 cash and issues 20,000 shares of its $2 par value common stock (fair value of $50 per share) for

serious [3.7K]

Answer:

As follows:

Explanation:

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Services Expense dr 42,000

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3 years ago