a. Paid the stockholder a smaller dividend per share than another common stockholder.
c. Rejected the stockholder's request to vote via proxy because she was homesick.
d. The company did not provide all stockholders with timely financial reports.
<h3>
Who is the stockholder?</h3>
- A stockholder is someone who has invested in a company's equity and who owns shares as proof of ownership.
- Investors have the same right to dividends as other ordinary shareholders. Dividend payouts can only differ when the opposite party owns a larger number of shares.
- In the event that they are not there, they also have the option to vote by proxy. The shareholder has legitimately appointed the proxy.
- All stockholders must receive timely financial reports from the company.
- However, shareholders are not involved in the day-to-day operations of the company. Therefore, they are powerless over employee hiring and dismissal.
- Following the company's settlement with the holders of preference shares, dividends are also paid to common shareholders.
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Answer:
1. Limited liability
2. Shareholder
The concept of limited liability is one of the main characteristics of a corporation. Limited liability means that the owners are responsible for the debts of the company only to the extent of the money they've contributed to the company.
When an investor purchases shares of a corporation, becomes a shareholder of a corporation. He can then benefit from the growth in the company since he is also the owner of the company.
I don’t believe that government interventions
are sustainable over a long time.<span>
<span>Government interventions such as social welfares are in
reality good policies to aid deprived people sustain themselves for a short
period of time. Howeveri in order to entirely eradicate their poverty, they
have to ultimately get a decent job to maintain their own living, otherwise,
the Government just keep on spending and increases national debt over time.</span></span>
Answer:
According to the straight-line depreciation, this number can be obtained by dividing the difference between an asset's cost and its expected salvage value.
<u>Depreciation</u> = Asset's Cost - Expected Salvage Value ÷ Expected Years of use
Explanation:
In the case of Tops Co., they purchase equipment for $12,000 - $500 of Salvage Value expected ÷ 5 Expected years of use
The estimated depreciation will be $2,300 for 5 years
At the beginning of the third year Tops Co. decided to use the equipment for 6 years and no salvage value.
The remaining purchase value will be $12,000 - $2,300 (x3) = $5,100
Apply again the formula described above and our answer will be:
The revised estimated depreciation is $1,700 for the remaining three years.
Answer:
The correct answer is $23,33 per share.
Explanation:
According to the scenario, the given data are as follows:
Net income for 2019 = $280,000
Number of shares in 2018 = 10,000
Number of shares in 2019 = 14,000
So weighted average number of shares = (10,000 + 14,000) ÷ 2
= 12,000
So, we can calculate the earnings per share by using following formula:
Earning per share = Net income for 2019 ÷ weighted average number of shares
By putting the value, we get
$280,000 ÷ 12,000
= $23.33 per share
