A company's board of directors votes to declare a cash dividend of $.75 per share of common stock. The company has 15,000 shares authorized, 10,000 issued, and 9,500 shares outstanding. The total amount of the cash dividend is:

Answers

Answer 1

Answer:

The total amount of the cash dividend is $7,125

Explanation:

The Dividend is declared to pay all the outstanding shares in the market. Sometime the company has some treasury shares in the stocks which is deducted from the total issued shares to find the outstanding shares. In this case, the issued shares and the outstanding numbers of shares are different.

Treasury shares are those shares that are bought back by the company that issued the shares.

Use the following formula to calculate the cash dividend

Cash Dividend = Numbers of outstanding shares x Dividend rate

Where

Numbers of outstanding shares = 9,500 shares

Dividend rate = $0.75 per share

Placing values in the formula

Cash Dividend = 9,500 x $0.75 per share

Cash Dividend = $7,125


Related Questions

2. Marcus Gardner is buying a new computer
for $1,299.50. He made a 12% down pay-
ment. How much money did he put down?
A $155.94
B $120.00
C $212.84
D $420.50
(Step by step ) plz

Answers

Answer:

A $155.94

Explanation:

A down payment is an initial payment that is paid cash to the buyer. It is the same as the deposit. Marcus must have been buying the compute of credit. The down payment or deposit shows that the customer is serious about buying the item.

The deposit that Marcus paid is 12%.

The cost of the new computer is $1,229.50

The deposit will be 12% of $1,229.50

=12/100 x $1,229.50

=0.12 x $ 1,229.50

=$155.94

Please post detailed answers to the following questions. Please use complete sentences.

You may have noticed that honesty and ethics are important in finance and business careers. Why is this so important?

Answers

Answer:

see below

Explanation:

Ethics are a set of regulations and that guide people's behaviors. They are a set of generally accepted behavior in society. Ethics in business refers to the deliberate efforts to do the right thing.

Honesty and ethics are important in finance and business careers due to the following reasons

Asset Protection and Assurance

Finance and business professionals deal with sensitive information.  They have access to financial records, accounting records, and personal shareholders and employees' records. Honesty and integrity are essential to ensure that the reports they present are accurate and reliable.

The majority of fraudulent activities originate from finance and business departments. Having employees of high integrity in those units will help protect business assets and assure the reliability of financial data.

  2. Public Image and Brand Value Increases

Honest and ethical workers add to the goods reputation of a company. Business partners and customers will feel more confident transactions with the company. The company's brand image and value increase in the eyes of the public.

3. Team Work develops:

Honest workers have a relatively easy time working with others. Teamwork increases when employees work responsibly and as expected.

Russell United has 28,500 shares of stock outstanding and has two open seats on its board of directors. Each share of common stock is granted one vote. How many additional votes are required to guarantee a seat on the board if the company were to use straight voting rather than cumulative voting

Answers

Answer:

4,750

Explanation:

Calculation for How many additional votes are required to guarantee a seat on the board

First step is to Calculate for STRAIGHT VOTING

Using this formula

Additional Votes= ((Shares of stock outstanding/2)+1)

Let plug in the formula

Additional Votes=((28,500/2)+1)

Additional Votes=14,251

Second step is to calculate for CUMULATIVE VOTING

Using this formula

Additional Votes= ((Shares of stock outstanding/(Number of seats +1))+1)

Let plug in the formula

Additional Votes=((28,500/(2 +1))+1)

Additional Votes=9,501

Last step is to calculate How many additional votes are required

Using this formula

Additional votes =STRAIGHT VOTING additional vote-CUMULATIVE VOTING additional Votes

Let plug in the formula

Additional votes = 14,251-9,501

Additional votes = 4,750

Therefore How many additional votes are required to guarantee a seat on the board if the company were to use straight voting rather than cumulative voting is 4,750

Which of the following leadership theories offers answers about whether there is an optimism way for leaders to adjust their behaviors with different followers in which factors should the leader base his behavior on?

Answers

Answer:

path-goal theory

Explanation:

The path-goal theory is one that gives the leader the possibility to adapt his behavior according to individual and collective needs in the work environment. This theory aims to ensure that the leader recognizes the needs of each employee and indicates the path necessary to achieve the objectives and goals of the organization.

This model aims to achieve greater motivation and productivity with a leadership model based on the fulfillment of the employee's individual expectations in relation to their work.

In which period of industrial revolution industries experienced the need of selling function

Answers

Answer:

Industrial revolution industries experienced the need of selling function is explained below in details.

Explanation:

The Industrial Revolution converted economics that had been based on cultivation and craftsmanship into markets based on large-scale manufacturing, mechanized production, and industry arrangement. New instruments, new energy sources, and new forms of creating a product made present industries more fruitful and effective.

Hudson has to maintain confidential financial accounts in a workbook. He needs two team members to help him update data in the specified worksheet. He wants to prevent his team from deleting or updating the confidential data in certain cells. Which tab on the Format Cells dialog box will enable him to lock these cells?

A. Cell Pattern
B. Cell Protection
C. Cell Prevent
D. Cell Format

help LOLL

Answers

Answer:

option c

Explanation:

please follow me

Answer:

B

Explanation:

just took the test

I got a hair cut that I did not wanted but my parents did. Can some one give me tips or tell me a way to make my hair grow faster?

Answers

You can try to put aloe Vera and use it as a leave in conditioner, it will make your hair grow and give it shine and a healthy look. You can also try using vitamins for hair growth
You can get biotin pills or hemp oil hope this helped plz mark brainlist

Bill purchased 2,000 shares of stock for $22 per share. He sold them for $33. Express his capital gain to the nearest tenth of a percent.

Answers

Answer:

50%

Explanation:

capital gain is the difference between the selling price and the buying price

Purchase price = 2,000 x 22 =$44,000

Selling price =2,000 x 33 =$66,000

capital gain = $22,000

Gain as a percentage

= $22,000/44,000 x 100

=0.5 x 100

=50%

That realm of activity that lies between the state and the market, including the family, schools, community associations, and non-economic institutions, is known by social scientists as

Answers

Answer: civil society or civil culture

Explanation:

Civil society simply has to do with the individual in the society sharing a common interests and having a value and purpose that is different from the government and the profit motive of the market.

The actors in a civil society enhance community participation in service provision and also in policy decision making. This brings about a democratic society that is vibrant.

When Paul listened to the presidential candidate debates, he heard one candidate proposing to increase taxes and the other candidate responding that this would cause firms to decrease production. How would this be described by an economist? Group of answer choices

Answers

Answer:

as taxes increase, there is a decrease in supply

Explanation:

During a recession, a number of workers have their hours reduced by their employers. All else the same, the unemployment rate will ________ and the labor force participation rate will ________. Group of answer choices

Answers

Incomplete question. I answered from a general economic standpoint.

Answer:

stay the same; decrease

Explanation:

Remember, in this scenario, it wasn't as though the mentioned workers lost their jobs, they only had their hours reduced by their employers; so they are not unemployed. This, therefore, implies that the unemployment rate will stay the same.

The labor force participation rate in simple words refers to the percentage of those who are currently employed or looking for a job within an economy. If the working hours are reduced, it may diminish the zeal among the workforce of an economy to work or find work because they may perceive they''ll earn less.

what are the main components of parts of WTO framework agreement​

Answers

Answer:

In fact, the agreements fall into a simple structure with six main parts: an umbrella agreement (the Agreement Establishing the WTO); agreements for each of the three broad areas of trade that the WTO covers (goods, services and intellectual property); dispute settlement; and reviews of governments' trade policies.

Explanation:

Which type of interest is charged on both the original amount borrowed and
the interest that has already accumulated?
A. Corporate interest
B. Bankruptcy interest
C. Simple interest
D. Compound interest

Answers

Answer: compound interest broski

On May 31 of the current year, the assets and liabilities of Riser, Inc. are as follows: Cash $21,500; Accounts Receivable, $7,400; Supplies, $750; Equipment, $12,150; Accounts Payable, $9,500. What is the amount of owner's equity as of May 31 of the current year

Answers

Explanation:

On May 31 of the current year, the assets and liabilities of Riser, Inc. are as follows: Cash $21,500; Accounts Receivable, $7,400; Supplies, $750; Equipment, $12,150; Accounts Payable, $9,500. What is the amount of owner's equity as of May 31 of the current year

What are 2 different payments relating to insurance that are used for almost all kinds of insurance?

Answers

Answer:

family insurance and life insurance

I need 5 skills needed to do this

Answers

hewwooooooooooooooooooooooo

If a salesperson notices a billing error in an order, he or she should: Group of answer choices let the finance team take a call on it. inquire about the severity of the error and act accordingly. wait until the customer notices it. correct billing problems without being prompted by the customer. leave it to the senior management to decide whether or not to rectify it.

Answers

Answer:

c. Correct billing problems without being prompted by the customer.

Explanation:

If a salesperson notices a billing error in an order, he or she should correct billing problems without being prompted by the customer. A Salesperson should act there after the notice and fix the billing problems for the customer as it may result in confusion later.

If a buyer defaulted some time ago on a written contract to purchase a seller's real estate, the seller can still sue for damages if he is not prohibited from doing so by the

Answers

Answer:

statute of limitations

Explanation:

If the buyer defaulted some time ago on a written contract to purchase a seller's real estate, the seller can still sue for damages if he is not prohibited from doing so by the

statute of limitations

Question 6
Cash flow is divided into two parts: cash
and cash

Answers

Answer: Cash Inflows and Cash Outflows

Explanation:

Cash inflows refers to those activities that are bringing cash into the company. These increase the cash balance and include things like sales revenue, share sales or loan acquisition.

Cash outflows take money out of the business and therefore reduce the cash balance. They include expenses, fixed asset acquisitions and investments in other company securities.

jetnhetnhtnhterk egrepjgjk

Answers

Answer:

jbjhh etdiuzfbv;f v;a

thx for the points

Explanation:

Jean has created a self improvement plan so she can meet her goal of getting a raise in six months. Which of these is an element of a good self improvement plan?
a.
Track goals only when they are completed
b.
Track goals in progress and revise as necessary
c.
Track goals only when they are assigned
d.
Track goals in progress and never revise

Answers

Answer:

b

Explanation:

A good self improvement plan should track goals in progress and revise as necessary. This allows for flexibility in adjusting the plan as needed to ensure progress towards the desired outcome. Therefore, option b is correct.

What do you meant by self improvement?

Self-improvement refers to the process of taking intentional actions to enhance one's skills, knowledge, and overall well-being.

It involves setting goals, identifying areas of weakness or areas that need improvement, and working on developing oneself in those areas. This could include developing new habits, learning new skills, or improving existing ones.

The goal of self-improvement is to become a better version of oneself, both personally and professionally. It can lead to increased confidence, self-awareness, and a sense of fulfillment.

Self-improvement can be achieved through various means such as reading, taking courses, seeking mentorship, attending workshops, or engaging in physical exercise, among others. It is a continuous process that requires dedication, commitment, and a willingness to learn and grow.

Learn more about self improvement here:

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Veronica had been working at Zenex Industries for eight months when her boss asked to see her in his office. When she walked in, the boss told Veronica she was being laid off as a result of company downsizing. Veronica could feel her heart pounding as she listened to the news. Veronica was able to get a new job, but every time her new boss asks to talk to her in private, Veronica feels a little faint. In this example, the unconditioned response is

Answers

Answer:

c. her pounding heart when she heard she was being laid off

Explanation:

Since in the question it is mentioned that Veronica was working with Zenex industries since 8 months and she wants to talk for the promotion but she was laid off because of downsizing of the company so here the non-conditional response example is that her heart was pounding when she heard the news of laid off

Therefore the correct option is c.

describe the problem of transportation in Nepal ​

Answers

Answer:

Nepal is a nation located in the Himalayan Mountains, bordering India and China, being a kind of buffer nation between both powers.

Given its location, it does not have access to the sea, which makes maritime transport impossible. In addition, the rivers that pass through its territory are at such an altitude that river transport is impossible.

On the other hand, its mountainous location makes the construction of routes that connect the nation with its neighbors complex, since they must avoid the highest mountains on the planet in a few kilometers of range. Even so, some routes cross the country from east to west, delivering Nepalese products to China and India.

This makes air transport the most effective within Nepalese territory, where there are some 44 airports located, the most important being that of its capital, Kathmandu.

P1 returns goods previously purchased on credit from P2.
Where will this transaction be recorded in P2’s accounting records?


Book of Prime (Original) Entry
Nominal (General) Ledger
A
Purchases Returns Journal
Credit Purchases Returns Account
B
Purchases Returns Journal
Debit Purchases Returns Account
C
Sales Returns Journal
Credit Sales Returns Account
D
Sales Returns Journal
Debit Sales Returns Account

Answers

The correct answer is d

You might be passed over for a promotion due to your image if you __________. a. Speak eloquently and without verbal tics b. Dress as well as your supervisors do every day c. Keep personal pictures publicly available online d. All of the above Please select the best answer from the choices provided A B C D

Answers

Answer:

I think it would be D but i am not for sure:]

Explanation:

Answer:

c

Explanation:

just took the test

Describe the three different ways the argument section of a cover letter can be formatted.

Answers

Answer:

i think they are personal, formal and informal

Explanation:

im not sure but i think thats it

The three different ways for formatting the argument section of a cover letter are paragraphs, bullet points, and T-form.

The formal paragraph format uses the block paragraphs ideal for a business letter, wherein the argument of the cover letter is presented in the second and third paragraphs in complete sentences.

The bullet points format lists the argument of the cover letter as bulleted points instead of in paragraph form. Using bullet points focuses on the applicant's qualifications, making them attractive to the reader.

Lastly, the argument section of the cover letter can be presented in a T-form. This format enables the applicant to compare the requirements of the vacancy notice with their qualifications.

Thus, the argument section of a cover letter can be formatted uniquely, depending on the occasion and the reader.

Read more: https://brainly.com/question/19848108

Alex and J.J. Both apply for two job openings in the same department at a law firm in Chicago. They both interview very well and the firm decides to give them both a job offer. The offers go out, and the firm offers J.J. A starting salary that is $10,000 lower than Alex's starting salary. Consider the possible explanations as to why the salaries may be different. Match the explanations with the scenarios. NOTE: Not all explanations will be matched with a scenario. Alex went to a higher tier law school. J.J. Is reentering the workforce after two years away. Alex will be working with a notoriously difficult boss. Alex is a man and J.J. Is a woman.

Answers

It is given Alex and J.J. both are applying for a job openings in a law firm at Chicago.

Both of them got the job offer but J.J. got lower salary than Alex.

The salaries are different for both J.J and Alex.

"Job Openings"

Some of the possible explanations for the difference in salaries that may be related to some scenarios are :

Alex went to higher tier law school -difference in educationJ.J. is reentering the workforce after two years away - difference in experiences.Alex will be working with a notoriously difficult- boss compensating differentials.Alex is a man and J.J. Is a woman -economic discrimination.

Learn more about "Job Application":

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Lavonda’s very wealthy grandmother recently died. After her death, everything she owned totaled $1,000,000. However, her family was only given $700,000. What MOST likely happened to the other $300,000?

It was used to cover income taxes.

It was used to cover sales taxes.

It was used to cover excise taxes.

It was used to cover estate taxes.

Answers

Answer: wrong it is estate taxes

Explanation:

The most likely event happened to the other $300,000 that It was used to cover estate taxes. Thus last option is correct.

What is the meaning of Estate taxes?

Estate Tax refers to the form of the tax in which a charge placed on a property owner's ability to transmit their possessions to others after passing away that takes the shape of a percentage of their taxable estate.

According to the above situation, the death of the Lavonda’s grandmother led to the implementation of the Estate Tax on her wealth of $1,000,000.

Therefore, the taxable estate to be included is  $300,000. Thus last option is correct.

Learn more about Estate Tax here:

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True or false?

2 best friends are one mind in 2 bodies?

Answers

Answer:

True

Explanation:

because they are I hope its right

Answer:

well i would say true because friendship is a really strong thing

but then i don't really know

The Southwest Clothing Company borrowed a sum of cash on October 1, 2016 and signed a note payable. The annual interest rate was 12% and the company's year Income Statement (accounting period ending December 31) reported interest expense of 1.260 € related to that note. What was the amount borrowed?

Answers

Answer:

$42,000

Explanation:

Calculation for the amount borrowed

Amount borrowed=$1,260/(12% x 3/12)

Amount borrowed=$1,260/0.03

Amount borrowed=$42,000

Note that October 1, 2016 to 31 December 2016 will gives us 3 months

Based on the above calculation $42,000 which is the amount borrowed x 12% x 3/12 = Interest expense amount of $1,260

Therefore the amount borrowed is $42,000

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