1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Nataliya [291]
3 years ago
11

Zwick Company bought 21,500 shares of the voting common stock of Handy Corporation in January 2018. In December, Handy announced

$201,500 net income for 2018 and declared and paid a cash dividend of $3 per share on all 203,500 shares of its outstanding common stock. Zwick Company's dividend revenue from Handy Corporation in December 2018 would be:
Business
1 answer:
iogann1982 [59]3 years ago
6 0

Answer:

$64,500

Explanation:

Shareholders are entitled to returns they have made in companies  through dividends

Zwick Company is a shareholder in Handy Corporation and hence also received its dividends returns amongst other Zwick Company investors.

<u>Zwick Company's dividend revenue will be calculated as :</u>

Dividend Revenue = Dividend Payout Ratio × Number of Share held on date of announcement

                               = $3 × 21,500 shares

                               = $64,500

Therefore, Zwick Company's dividend revenue from Handy Corporation in December 2018 would be $64,500

You might be interested in
Ketchup is a complement (as well as a condiment) for hot dogs. If the price of hot dogs rises, the quantity of hot dogs demanded
-BARSIC- [3]

Answer:

Fall; lowers; falls; decrease; lower; increases; fall; away from orange juice and toward tomato juice; falls.

Explanation:

Ketchup is a complement and condiment in hot dogs. An increase in the price of hot dogs will cause its quantity demanded to fall. This will cause the demand for ketchup to decrease as well. The demand curve for ketchup will move to the left. This will cause the equilibrium quantity to fall. This will further cause a reduction in the demand for tomatoes by ketchup producers.

A decrease in demand will cause the equilibrium price of tomatoes to fall. A reduction in the price of tomatoes will lower the cost of producing tomato juice. The firms will be able to supply more at the same cost. This will cause the supply to increase. As the supply curve moves to the right, the equilibrium price of tomato juice will fall.

Orange juice is a substitute for tomato juice. The consumers will prefer the cheaper substitute. As a result, demand will move away from orange juice towards tomato juice. This will cause the demand for orange juice to fall.

4 0
3 years ago
Oriole’s Electronic Repair Shop started the year with total assets of $300000 and total liabilities of $208000. During the year,
AVprozaik [17]

Answer:

$154,700

Explanation:

The computation of the change in amount is shown below

But before that first find out the ending capital balance which is

= (Total assets - total liabilities) + (revenues - expenses) - drawings

= ($300,000 - $208,000) + ($523,000 - $319,000) - $49,300

= $92,000 + $204,000 - $49,300

= $92,000 + $154,700

= $246,700

Now the change in capital balance is

= Closing balance - opening balance

= $246,700 - $92,000

= $154,700

7 0
3 years ago
Refer to the scenario to answer the following questions. A government worker surveys a number of households and comes up with th
Vikki [24]

Answer:

Explanation:

I honestly don't know how to answer this, but I can look into it and get back to you.

3 0
3 years ago
Why do consumer advocates advise against using alternative financial services?.
spayn [35]

Consumer advocates advise against using alternative financial services because of the high cost that's associated with the loans and other services.

<h3>What is a financial service?</h3>

It should be noted that a financial service simply means a wide range of activities such as banking, insurance and investing.

In this case, consumer advocates advise against using alternative financial services because of the high cost that's associated with the loans and other services.

Learn more about financial services on:

brainly.com/question/1357912

7 0
2 years ago
Kinsi Corporation manufactures three different products. All five of these products must pass through a stamping machine in its
Rom4ik [11]

Answer:

D) generates the highest contribution margin per stamping machine hour

Explanation:

Since the stamping machine is Kinsi's constrained resource, or bottleneck resource, in order to maximize its profit, the company should manufacture the products that maximize the utility of the stamping machine. The product that maximize the utility are the one that have the highest contribution margin. Therefore Kinsi must produce the products that have the highest contribution margin per stamping machine hour.

8 0
3 years ago
Other questions:
  • Suppose that the price of product x rises by 20 percent and the quantity supplied of x increases by 15 percent. The coefficient
    15·1 answer
  • Assume France and Mali can both produce grain and dates, and that the only limited resource is the farming labor force, meaning
    10·1 answer
  • After reviewing the resources and taking notes, decide where you stand. Should the government—and schools—be able to access your
    8·2 answers
  • When you take your first job, you decide to start saving right away for your retirement. You put $5,000 per year into a saving p
    12·1 answer
  • The spouse of a brokerage firm employee wants to open a brokerage account so that he can trade individual stocks. If the account
    10·1 answer
  • At the beginning of the current season on April 1, the ledger of Kokott Pro Shop showed Cash $3,800; Inventory $4,300; and Commo
    9·1 answer
  • An organization decides to send cashiers who have a high incidence of shortages on the job to a retraining program in order to c
    14·1 answer
  • In the balance sheet at the end of its first year of operations, Dinty Inc. reported an allowance for uncollectible accounts of
    13·1 answer
  • 32. Peter must decide if he should add one more dog to his dog-walking business. What is this decision an
    8·1 answer
  • 1.All of the following are likely to be the benefits of a college graduate except:a.Earn less money overtimeb.Better job stabili
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!