Suzy Bartles enters into an oral contract to purchase a tract of land from Bill Hermes. The land is considered worthless, but Ba
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Answer:
The appropriate solution is "$2.91". A further explanation is given below.
Explanation:
Seems that the given question is incomplete. Below is the attachment of the full problem.
According to the question,
Common dividend,
= 509.83
Shares outstanding,
= 175
Now,
The dividend per share will be:
=
On substituting the values, we get
=
=
or,
=
Answer:
$20,909.09
Explanation:
We have been given that Slotnick Chemical received $230,000 from customers as deposits on returnable containers during 2018. 10% of the containers were not returned. The deposits are based on the container cost marked up 10%.
The price after mark-up would be
To find the profit on the forfeited deposits, we will divide $230,000 times 10% by 110% as:
Therefore, Slotnick realize a profit of $20,909.09 on the forfeited deposits.