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Svetllana [295]
2 years ago
9

If a corporation offers 1,000 shares of stock and you buy 300 shares:

Business
1 answer:
LuckyWell [14K]2 years ago
5 0

you own 30% of the shares issued.

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Chocolates R' Us, Inc is owned equally by Desi and his wife Lucy, each of whom hold 550 shares in the company. Lucy plans to red
soldi70 [24.7K]

Answer:

Chocolates R' Us, Inc.

Family hostility cannot be used as an argument to void the family attribution rules.

Lucy is still legally married to Desi.  What the husband, Desi, therefore, owes, she owes equally despite their separation and her intention to reduce her ownership in their joint company.

Explanation:

Family Attribution Rules:  Section 318 of the Internal Revenue Code says an individual shall be considered as owning the stock owned, directly or indirectly, by or for his spouse and his children, grandchildren, and parents, including legally adopted children.

3 0
2 years ago
Mountain Top Markets has total assets of $48,700, net working capital of $1,100, and retained earnings of $21,200. The firm has
spin [16.1K]

Answer: 2.63

Explanation:

The Market to Book ratio is also referred to as the price to book ratio. It is a financial evaluation of the market value of a company relative to its book value. It should be noted that the market value is current stock price of every outstanding shares that the company has while the book value is the amount that the company will have left after its assets have been liquidated and all liabilities have been repaid.

The market-to-book ratio will be the market price per share divided by the book value. It should be noted that the book value per share is the net worth of the business divided by the number of outstanding shares. The book value will be:

= [(12500 ×1) + $21200]/12500

= ($12500 + $21200)/$12500

= $33700/12500

=$2.70

The market-to-book ratio will now be:

= $7.10/$2.70

=2.63

6 0
2 years ago
Morgan Technologies sells a single product at $20 per unit. The firm's most recent income statement revealed unit sales of 100,0
AlladinOne [14]

Answer:

income will decrease by $240,000 or 30%

Explanation:

current income:

revenue = $2,000,000

variable costs $800,00

fixed costs $400,000

operating income $800,000

income after change:

revenue = $1,920,000

variable costs $960,00

fixed costs $400,000

operating income $560,000

income will decrease by $240,000 or 30%

7 0
2 years ago
Which statement is an example of post-secondary education?
chubhunter [2.5K]
<span>The answer is C. Postsecondary alternatives are differed and may incorporate open or private colleges, universities, junior colleges, profession/specialized schools, professional/exchange schools, habitats for proceeding with instruction, grounds progress projects, and apprenticeship programs.</span>
3 0
2 years ago
Read 2 more answers
An upset forging plant will be built to produce 2,000,000 parts per year. The plant will operate for three 8-hour shifts per day
miv72 [106K]

Answer:

A. 16

B. 57.14

Explanation:

forging presses = 20

setup time = 3 hours

Time required to produce 1 batch = 600 *45 s = 7.5 hours

total workforce = 7 in all;

a. no of forged parts produced in a month ;

total time required to produce 1 forged part = 3 + 7.5 = 10.5 hours;

working hours a day = 8 ;

total no of working days = 21/month;

total no of batches produced n= 21*8/10.5;

n = 16;

so no of parts = 16 * 600 = 9600;

b. labor productivity P= parts /work hour;

P = 9600/21*8 = 57.14

3 0
2 years ago
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