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miv72 [106K]
3 years ago
7

As a holder of a share of common stock, you are A) entitled to a portion of the firm's revenues. B) entitled to a portion of the

firm's profits. C) entitled to a standard percentage return on your investment. D) responsible for the liabilities of the corporation.
Business
1 answer:
aleksandr82 [10.1K]3 years ago
8 0

Answer:

B) entitled to a portion of the firm's profits

Explanation:

If you are the holder of the common stock share so you are entitled to the portion of the profits that related to the firm as you considered the ownership in that firm so you are eligible to get the profits of the firm based on your owning percentage

Therefore as per the given situation the option b is correct

And, the rest of the options are wrong

You might be interested in
Randy is a waiter at the silver spoon restaurant. his w-2 box 1 wages are $16,400, box 7 (social security tips) is $500, box 8 (
olga_2 [115]

Answer:

a)$16,894

Explanation:

The computation of his income is shown below:

= Wages + allocated tips for box 7 + tips that do not reported

= $16,400 + $350 + $144

= $16,894

We simply added the Wages, allocated tips for box 7, and tips that do not reported so that the exact value could come

All other information which is given is not relevant. Hence, ignored it

8 0
3 years ago
Read 2 more answers
Ajax Company purchased a five-year certificate of deposit for its building fund in the amount of $220,000. How much should the c
irina [24]

Answer:

The certificate of deposit be worth $338496.8 at the end of five years if interest is compounded at an annual rate of 9%

Explanation:

Certificate of deposit of 220000 after 5 years @ 9% is calculated as below

As per the Present and future value tables of $1 at 9% presented

FVA of $ 1 after 5 years is 5.9847 and

PVA of $ 1 after 5 years is 3.88965  

PV of 220000 will become = 220000*5.9847/3.88965

                                              = $338496.8

Therefore, The certificate of deposit be worth $338496.8 at the end of five years if interest is compounded at an annual rate of 9%

8 0
3 years ago
Total revenue:
pishuonlain [190]

Answer:

remains unchanged as price increases when demand is unit elastic.

Explanation:

Total revenue = price × quantity

Demand is elastic when a small change in price has a greater effect on the quantity demanded.

If price is increased and demand is elastic, quantity demanded would fall more than the increase in price and total revenue falls.

Demand is inelastic if a small change in price has little or no effect on quantity demanded.

If price is increased and demand is inelastic, change in quantity demanded would be less than changes in price. As a result, total revenue would increase.

Demand is unit elastic if a change in price has an equal proportional effect on quantity demanded. The elasticity of demand always sums up to one.

If price is increased and demand is unit elastic, there would be no change in total revenue.

I hope my answer helps you

5 0
3 years ago
Jim is being paid $7.25 an hour to work at a restaurant. In the circular flow, this is an example of a:
max2010maxim [7]

Answer:

The answer is household selling a resource in the factor market which is the same thing as business buying resource in the factor market

Explanation:

Factor market is a market in which factors of production e.g land, capital, labor are bought and sold.

In the question above, Jim(household or labor) is working at a restaurant (firm or business). This means Jim is selling his resource(labor) in the factor market while the restaurant is buying the resource(labor) in the factor market.

4 0
3 years ago
Which of the following professional services would be considered an attestation engagement?A. Advising management in the selecti
spin [16.1K]

Answer: Option B        

 

Explanation:

In simple words, attestation engagement refers to the preparation of reports and investigation by a third party on the order or request from the client's side.

Attestation engagement requires independence in the working of the investigator. Audit is an example of attestation engagement.

Hence from the above we can conclude that the correct option is B.

5 0
3 years ago
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