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crimeas [40]
3 years ago
15

The Super Widget Corporation has 20,000 shares of stock outstanding. A. If it declares dividends of $42,500, what is the dividen

d per share of stock?B. What is Kevin Rainey's share of the declared dividend if he owns 50 shares?
Business
1 answer:
inysia [295]3 years ago
6 0

Answer:

A. $42,500/20,000=$2.125 per share

B. Total dividend=50*2.125=$106.25

Explanation:

A. The dividend per share of the Super Widget Corporation can be calculated using the following formula:

Dividend per share=declared dividend amount/number of shares

                               =$42,500/20,000=$2.125 per share

B.Since the Kevin Rainey owns 50 shares of the Super Widget Corporation, therefore the total dividend of Kevin Rainey will be determined using the following formula:

Total dividend=50*2.125=$106.25

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Answer:

B is Correct

Explanation:

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3 years ago
With recent reports of identity theft, Mr. Adams, the CEO of a construction company, is concerned about his employees' privacy,
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Answer:

Moral Rights

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5 0
3 years ago
If gdp is $20 trillon, how many years will it take for gdp to increase to $40 trillion if annual growth is 10 percent?
ElenaW [278]

It will take 7 years.

Given GDP is $20 trillion and increased GDP is $40 trillion.

Gross domestic product (GDP) is the standard measure of  value added generated by the country's production of goods and services over a certain time period. GDP is the total monetary or market worth of all completed products and services produced within a country's boundaries in a certain time period.

As such, it also accounts for the money generated by such output, as well as the overall amount spent on final products and services (less imports).

Time take to reach $40 trillion is to be found.

Formula to find the time taken to reach $40 trillion  is given below:

F = P *(1+i) ^t

Here,

F = 40,

P = 20,

I = 10%

Now put the values in the formula given above.

F = 0.1040 = 20 × (1+0.10) ^t(1.10)^t

  = 40 / 20

  = 2

Taking log both sides t = log 2 / log 1.10  

                                    = 7.27 yrs or 7 yrs

Therefore, it will take 7 years.

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8 0
1 year ago
plaintiff was injured when the vehicle which he was operating was rear-ended by an 18-wheeler operated by driver and owned by ow
Anton [14]
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A plaintiff is the person or entity who files a lawsuit with the court. The plaintiff is looking for a legal remedy by doing this. If the search is successful, the judge will rule in the plaintiff's favor and issue the necessary orders.

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7 0
2 years ago
Jillian has just started her first job with a $45,000 salary at a company with a 401(k) plan that has a 100% match up to 3% gros
gogolik [260]

Answer:

Jillian

What Jillian should ideally do is:

a. Contribute 1650 in a Roth IRA, and 1350 In her company’s 401(k) plan.

Explanation:

a) Data and Calculations:

Salary = $45,000

401(k) = 3% of $45,000 = $1,350

Employer's match to the 401(k) = $1,350 (100%)

Savings affordable = $3,000

b) Jillian can contribute to Roth IRA and her company 401(k) which her company will also match 100%.  Her contributions to both funds are within the allowed limits.  In 2020, the allowed limit of 401(k) plan is $19,500 while that of Roth IRA is $6,000.

4 0
3 years ago
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