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ValentinkaMS [17]
3 years ago
12

Younger Company has outstanding both common stock and nonparticipating, non-cumulative preferred stock. The liquidation value of

the preferred is equal to its par value. The book value per share of the common stock is unaffected by
a. the payment of a previously declared cash dividend on the common stock.
b. the declaration of a stock dividend on common stock, payable in common stock when the market price of the common stock is equal to its par value.
c. a 2-for-1 split of the common stock.
d. the declaration of a stock dividend on preferred stock, payable in preferred stock when the market price of the preferred stock is equal to its par value.
Business
1 answer:
Zigmanuir [339]3 years ago
3 0

Answer:

Option B                                                

Explanation:

In simple words, A stock dividend refers to the payout to owners that is rendered not in cash but in securities. Such kind of  dividend payment has the benefit of satisfying stakeholders without decreasing the cash flow for the business. Usually, these dividends are decided to make as fragments paid out per existing securities in hand.

Whenever dividend is paid in stock is paid, the overall asset interest stays the very same on both the viewpoint of the lender and the viewpoint of the business. Both dividend payments therefore include a newspaper submission for the distribution issuing firm.

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You own shares in a well-managed and diversified company. If a bustling economy increases investors' concerns about market risk,
Soloha48 [4]

Answer:

C. Increase

Explanation:

A bustling economy will make individuals want to take advantage of the opportunity. It’s however normal for prices of a good or service to increase when there is a huge demand for it.

In this case there was a boom in the economy which means the price of the shares he owns in the company will increase.

3 0
3 years ago
Find out the municipal taxes you are subjected to. Calculate your average annual tax payments to your municipality.
DENIUS [597]

Answer:

I conducted an online research on the state of Virginia. The state of Virginia has 95 counties, 39 independent cities, and 190 incorporated towns. Only elected governing bodies can impose local taxes in this state of Virginia. A bulk of the local tax money comes from property taxes.

The following is the list of municipal taxes a consumer in all counties and cities of the state of Virginia is subjected to:

Items Tax Percentage Districts

Retail sales tax 0.7%

Occupancy tax 2.1% only for the Northern Virginia Planning District

Fee on grantors of real estate $0.15 to $100 of the value of property sold only for the Northern Virginia Planning District

Wholesale distributors of motor fuel 2.1% Hampton Roads Planning District

Restaurant meal 1%

Communication taxes 1.05%

Motor vehicle rental tax 4%

Explanation:

I conducted an online research on the state of Virginia. The state of Virginia has 95 counties, 39 independent cities, and 190 incorporated towns. Only elected governing bodies can impose local taxes in this state of Virginia. A bulk of the local tax money comes from property taxes.

The following is the list of municipal taxes a consumer in all counties and cities of the state of Virginia is subjected to:

Items Tax Percentage Districts

Retail sales tax 0.7%

Occupancy tax 2.1% only for the Northern Virginia Planning District

Fee on grantors of real estate $0.15 to $100 of the value of property sold only for the Northern Virginia Planning District

Wholesale distributors of motor fuel 2.1% Hampton Roads Planning District

Restaurant meal 1%

Communication taxes 1.05%

Motor vehicle rental tax 4%

7 0
3 years ago
Alex has saved $30 per week to buy a new Blu-Ray player. He compares two different models: a Panaview that is priced at $130 and
podryga [215]

Answer and Explanation:

The classification is as follows:

Alex could easily measured that Panaview have the less price - Unit of account as the money represent the measurement of unit of price  

Alex saved $30 per week - Store of value as Alex is saving for use the money in near future  

Alex pays $140 - Medium of exchange. In this alex would pay the money to purchase the Blu-ray

7 0
2 years ago
Instead of canceling their contract, William, Laverne, and Laverne's mother, Irma, form another contract in which they all agree
polet [3.4K]

Answer:

yes it is novation

Explanation:

6 0
3 years ago
Read 2 more answers
Crane Company purchased $1080000 of 8%, 5-year bonds from Swifty, Inc. on January 1, 2021, with interest payable on July 1 and J
nasty-shy [4]

Answer: $27,864

Explanation:

The amount that should be recorded as other comprehensive income is the fair value less the sales price and the amortized premiums to reflect the true value of the investment,

= 1,164,000 - 1,129,896 - 3,048 - 3,192

= $27,864

$27,864 is the amount Crane Company should report as other comprehensive income and as a separate component of stockholders’ equity.

6 0
3 years ago
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