Economics is the study of a society's financial institutions. true or false

A twenty-acre park was created to give residents a place to hike, bike, and enjoy other recreational activities. Kathy was hired

TiliK225 [7]

Answer:

b

Explanation:

8 0

3 years ago

Read 2 more answers

You go to the electronics store to buy 3 CDs. Each CD’s original cost is $9.99. You have a coupon for 10% off and the sales tax

g100num [7]

$28.59 is your answer happy to help (:

4 0

3 years ago

Performance is evaluated for an investment center through the comparison of actual and budgeted return on investment (ROI) based

igor_vitrenko [27]

Answer:

True

Explanation:

<em>Return on Investment (ROI) is the proportion of operating assets that an investment center earned as as net operating income. </em>

<em>ROI is measure of the returned earned by a division relative to the amount invested in the assets used to generate the return. </em>

It is calculated as follows

ROI = operating income/operating assets × 100

To evaluate a division, the division's ROI is compared to the budgeted ROI of the company. An actual ROI that exceeds the budgeted is considered a good performance and vice versa

3 0

3 years ago

Sanchez Company has 48,000 shares of 7% preferred stock of $100 par and 92,000 shares of $50 par common stock issued and outstan

galina1969 [7]

Answer:

Check Explanation.

Explanation:

The following parameters are given for dividends of three years;

Year 1 = $497,000, Year 2 = $490,000 Year 3 = $524,000.

The number of shares= 48,000 of 7%, preferred stock = $100 par and 92,000 shares of $50 par common stock issued and outstanding.

Therefore,

Year one:

=> Amount Distributed = $497,000.

=> Preferred dividend = 48,000 × 7% × $100 = 336,000.

=> Common dividend = 497,000 - 336,000 = 161,000.

=> Preferred divided per share = 336,000/ 48,000 = $ 7.

=> Common dividend = Common dividend/ 92,000 shares = 161,000/ 92,000 shares =$ 1.75.

Year Two:

=> Amount Distributed = $490,000.

=> Preferred dividend = 48,000 × 7% × $100 = 336,000.

=> Common dividend = 490,000 - 336,000 = 113,000.

=> Preferred divided per share = 336,000/ 48,000 = $ 7.

=> Common dividend = Common dividend/ 92,000 shares = 113,000/ 92,000 shares =$1.23.

Year Three:

=> Amount Distributed = $524,000.

=> Preferred dividend = 48,000 × 7% × $100 = 336,000.

=> Common dividend = $524,000 - 336,000 = 188,000.

=> Preferred divided per share = 336,000/ 48,000 = $7.

=> Common dividend = Common dividend/ 92,000 shares = 188,000/ 92,000 shares =$2.04

6 0

3 years ago

value of stock is an amount assigned per share by the corporation in its charter. In many states, this amount establishes the mi

zhenek [66]

Answer: par value

Explanation:

The __________ value of stock is an amount assigned per share by the corporation in its charter. In many states, this amount establishes the minimum legal capital, which refers to the least amount that the buyers of stock must contribute or be subject to paying at future dates.

Answer

Par value of stock

Par value for a share refers to the stock value stated in the corporate charter.

6 0

3 years ago

Economics is the study of a society's financial institutions. true or false​

Economics is the study of a society's financial institutions. true or false