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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

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On January 2, 2020, Howdy Doody Corporation purchased 18% of Ranger Corporation's common stock for $52,000. Based on its ownersh
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Answer:

The Total amount is shown in the income statement $34,240

Explanation:

The computation of the amount that should be presented in the 2020 income statement is shown below:

Dividend collected by Howdy Doody corporation (18% of $68,000) $12,240

rise in Fair value of Stock credited to the income statement ($74,000 - $52,000) $22,000

The Total amount is shown in the income statement $34,240

8 0
3 years ago
Trust based on a person's competence would be summarized by this team member's affectionate statement towards another team membe
Maslowich

Answer:

The correct answer is:

I trust you to be able to accomplish this task (C)

Explanation:

First of all, you have to know the meaning of the word competence, and competence is a collection of related relevant abilities, know-how and skills required to act effectively on a job or situation. Which is a clear message passed by the speaker in the statement "I trust you to be able to accomplish this task", because the speaker knows that his team member possesses the right skills to carry out a task successfully.

The statement in option D ( "I trust you to do the right thing." ) also tells a little about competence because one of the definitions of competence highlights being sane, and one needs to be sane to do the right thing, but it is only second choice when compared to the statement in option "C".

Next time when you are faced with this kind of question, identify the keyword ( which in this case is competence), and use that to answer the question.

7 0
3 years ago
Why would an entrepreneur be best suited to opening a new business, rather than buying an existing business or franchise?
Mariulka [41]

Answer:

For example, it's really easy to finance while buying in an existing business while starting a new one. In Addition tons of bankers and investors all around the world would feel more comfortable dealing with a business that already has had a proven track record.

Explanation:

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3 years ago
Tricia is trying to decide how to spend her money. She adds and subtracts by a dollar to determine which combination of expenses
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D. I think... I could be wrong. 

















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Arrange the steps to show the effects of contractionary fiscal policy. Tiles Inflationary pressure decreases. Government increas
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<span>Government increases the tax rate.
Consumers have less money to spend.
</span>Producers manufacture fewer goods.
Inflationary pressure decreases.<span>

</span>
7 0
3 years ago
Read 2 more answers
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