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1 year ago

Which of the following is TRUE about owning a share of stock?

Business

1 answer:

MAVERICK [17]1 year ago

6 0

Answer:

The correct answer is letter "B": Owning a share means you own a percentage of the company.

Explanation:

A share which is also called a stock is a <em>corporate or financial asset ownership unit</em>. Owning some shares in the business entitles the holder to a proportionate amount of the company's profits. Profits are called dividends when they are paid to shareholders.

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The Reid Co. acquired a piece of land for a new factory paying $100,000. Reid demolished the old building at a cost of $20,000,

Julli [10]

Answer:

A$118,000 B.$333,000

Explanation

Land$100,000

Demolition20,000

Scrap value(5,000)

Title insurance1,000

Paving assessment2,000

Total land cost($118,000)

B. The cost of the building recorde

d by Reid

Archirectfees$25,000

Construction interest8,000

Building cost300,000

Total building cost. $333,000

3 0

2 years ago

Read 2 more answers

A hospital benchmarked against a ferrari racing team in an effort to:

Rus_ich [418]

<span>improve patient handoff quality</span>

5 0

1 year ago

Roughly two-thirds of all lobbyists in the nation's capital represent

lapo4ka [179]

Answer:

Explanation:

7 0

2 years ago

Real GDP per capita Multiple Choice 1. can grow either more slowly or more rapidly than real GDP. 2. cannot grow more slowly tha

Nat2105 [25]

Answer:

1) can grow either more slowly or more rapidly than real GDP.

Explanation:

Real GDP per capita is the result of dividing real GDP by the total population of a country. Real GDP per capita changes are determined by both the changes in the real GDP and the changes in the population.

If real GDP grows at a slower rate than the population, then real GDP per capita will decrease. But if real GDP grows at a faster rate than the population, then real GDP per capita will increase.

For example, real GDP grows at 3% while population grows at 2%, real GDP per capita will grow by 1%. But some countries have positive economic growth and negative population growth, so the real GDP could grow by only 2%, but since the population growth is -1%, the real GDP per capita will grow at 3%.

7 0

2 years ago

Assuming the cost of direct materials used is $1,500,000, compute the total manufacturing costs using the information below. Raw

melomori [17]

Answer:

$2,960,000

Explanation:

Raw Material Used in production:

= Raw Material Inventory Beginning + Purchases of Raw Material - Raw Material Inventory Ending

= $30,000 + $1,500,000 - $60,000

= $1,470,000

Total Manufacturing Cost:

= Raw Material Used in production + Direct Labor + Manufacturing Overhead applied to Work in process

= $1,470,000 + $690,000 + (225,000 + 75,000 + 500,000)

= $1,470,000 + $690,000 + $800,000

= $2,960,000

6 0

1 year ago