The one who receives the benefits and profits from a joint-stock company are the shareholders, the board of directors, from the higher hierarchy to the lowest position in the company can have benefits and can profit but it only depends on where in the hierarchy they are in to identify how much will they have.
Answer:
Total 1,775,000
Explanation:
1.71m for 57,000 shares -->40% investment
$3 dividends per share
net income of 590,000
1.,710,000
+ 40% of net income 590,000 = 236,000
- 57,000 x $3 dividends per share = -171,000
The dividends under the equity method mean it is moving cash from one box (Harrison) to the main company (Puckett) so they decrease the Harrison valuation and increase cash, giving no effect on the assets of Puckett.
Total 1,775,000
d. 80% to 90%
Statistics from March 2017 indicate that the service sector accounts for 81% of employment in the United States. This is because primary and secondary sector jobs have declined in the United States since resources and manufactured goods are commonly imported from other countries. The tertiary or service sector involves industries such as entertainment, retail, tourism, dining, law, healthcare and transportation.
Answer: Option (C)
Explanation:
In discipline such as finance and economics, arbitrage is referred to as or known as practice under which one takes advantage of the price difference in commodities between two markets, i.e. striking combination of deals that tends to capitalize when there is imbalance, and the profit is difference between the two market prices of the commodity. Therefore, from the given options we can state that option (C) is correct.
Answer:
B. Compensating managers with shares of stock that must be held for a minimum of three years.
