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VashaNatasha [74]
4 years ago
7

Li Company declared a property dividend of 20,000 shares of its investment in $1 par P Company common stock. The P stock was pur

chased for $5 per share. The fair value of the P stock was $10 per share on the declaration date of the property dividend and $12 per share on the distribution date. What is the amount of the dividend?
Business
1 answer:
kolbaska11 [484]4 years ago
7 0

Answer:

$200,000

Explanation:

DIVIDEND can be defined as the amount of cash which is been paid regularly by a company to its shareholders out of its profits or surplus.

Property dividend of 20,000 shares ×

Fair value of the P stock at $10 per share on the declaration date of the property dividend.

Therefore:

20,000 x $10 = $200,000

The amount of DIVIDEND is $200,000

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Firms will typically maintain a list of research and development projects ranked by expected rate of return. Expected rate of re
ddd [48]

Expected rate of return is defined as the amount of money an individual gets on investment.

<h3>What is expected return?</h3>

The expected return is the amount of profit or addition on money invested that an individual who is an investor is expected to get after a periods of time on the investment.

Therefore, expected rate of return is defined as the amount of money an individual gets on investment.

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4 0
2 years ago
Skills are abilities that you naturally have.<br><br><br> True<br><br> False
Vikentia [17]

Answer:

False

Explanation:

Skilles = the ability to do something well; expertise.

6 0
3 years ago
Read 2 more answers
A manufacturing company prepays its insurance coverage for a three-year period. The premium for the three years is $2,790 and is
Pachacha [2.7K]

Answer:

Product cost (Manufacturing cost) = $651

Period Cost (Selling and administrative cost)= $279

Explanation:

Calculation for What amounts should be considered product and period costs respectively for the first year of coverage

First step is to calculate the Total Insurance expense for the year

Total Insurance expense for the year = $2,790 / 3 year

Total Insurance expense for the year = $930

Now let calculate for the Product cost (Manufacturing cost) and Period Cost (Selling and administrative cost)

Product cost (Manufacturing cost) = $930 * 70% Product cost (Manufacturing cost) = $651

Period Cost (Selling and administrative cost) = $930*30%

Period Cost (Selling and administrative cost)= $279

Therefore the amounts that should be considered for product and period costs respectively for the first year of coverage are:

Product cost (Manufacturing cost) = $651

Period Cost (Selling and administrative cost)= $279

8 0
3 years ago
NEEDS TO BE RIGHT!!!!!!!!!!!!!!!!!!!!!!!!
coldgirl [10]
I believe it's D.
All of the above.
4 0
4 years ago
The transferring of business functions or processes to other companies has traditionally been known as ch12 Select one:
yuradex [85]

Answer: (D) Outsourcing

Explanation:

 The outsourcing is the one of the type of agreement between the two companies in which the one organization or company transferring all the business function into the another company. In technically terms, one organization hires the another organization.

Then, the company handle all its services and operations by proper outsourcing. The main purpose of the outsourcing is that by using the efficient strategy the one company hires another for increasing the productivity.

Therefore, Option (D) is correct.

8 0
3 years ago
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