Zwick Company bought 25,500 shares of the voting common stock of Handy Corporation in January 2021. In December, Handy announced $202,700 net income for 2021 and declared and paid a cash dividend of $3.00 per share on all 202,500 shares of its outstanding common stock. Zwick Company's dividend revenue from Handy Corporation in December 2021 would be:

Answers

Answer 1

Answer:

$76,500

Explanation:

Zwick Company owns 25,500 shares of Handy Corporation, which represents 25,500 / 202,500 = 12.59% of all common stocks. Since Zwick influence over Handy is not significant, all dividends received will be directly considered dividend revenue.

total dividends received = $3 per share x 25,500 shares = $76,500


Related Questions

The average number of times each dollar in the money supply is used to purchase goods and services is called:______.
a. the fractional reserve system.
b. the velocity of money.
c. the discount rate.
d. the quantity theory of money.

Answers

Answer:

o think the answer is the discount rate

The average number of times each dollar in the money supply is used to purchase goods and services is called the velocity of money.

What are the goods?

The term Goods are products and resources that satisfy people's needs and wants. A good can be a natural science object, a provided service, or some accumulation of the two. Just about anything is good if it supplies some kind of benefit to consumers.

The velocity of money refers to The frequency with which an average dollar is spent on goods and services in a certain period of time is known as the velocity of money.

As a result, When the money supply and its velocity as a product grow more quickly than real GDP, prices rise.

Therefore, The right option (B) is correct.

Learn more about goods here:

https://brainly.com/question/12802278

#SPJ6

Other Questions
What two things are contrasted in this passage?esA)positive thoughts about the Fourth of July, and negative thoughts aboutthe American foundingB)negative thoughts about the Fourth of July, and positive thoughts aboutthe American foundingnegative thoughts about America from free people, positive thoughts aboutAmerica from slavesD)positive thoughts about America from free people, negative thoughts aboutAmerican from slaves Identify the sentence that uses a linking verb correctly.Giving brainliestA) I was turning red as I listened to all the compliments.B) My mother will be a dentist ever since she was little.C) I don't know why that man is so grouchy when we were in the store.D) The music grew louder as we drew closer to the carnival. PLS HELPThe owner of a grocery store wants to mix two kinds of candy together to make 15 lb that he can sell for $5.00 per lb. He wants to use chocolate candies that he sells for $7.00 per lb and sugar candies that he sells for $2.00 per lb. How many pounds of each should the owner use?_ pounds of chocolate candies Highlight language that appeals to your senses.In the hottest summer, and coldest winter, I was kept almost naked - no shoes, no stockings, no jacket, no trousers, nothing on but a coarse tow linen shirt, reaching only to my knees.Narrative of the Life of Frederick Douglass,Frederick DouglassWhich sense does this sentence best appeal to?A. touch B.tasteC.hearing D.smell 1Select the correct answer.How does the description of the Monseigneur develop the theme?OA.He serves to help provide comic relief through exaggerated description in the story.OB.He serves to exemplify the tastes of the common people.O C.He serves to exemplify the characteristics of the French aristocratic society of his time.He serves to embody the spirit of the French revolution.OD.ResetNext In your opinion why might the study of Rock and Roll be important to understanding the 1950s? What is the main purposes of green theory? Write a function in any form that would match the graph shown below. please help :) When the closing bell rang, the great bull market was dead and buried. 16,410,000 shares had changed hands. Leading stocks had lost as much as 77% of their peak value. The Dow Jones index was off 40% since September 3. Not only the little speculators, but the lordly, experienced big traders had been wiped out by the violence of the crash and the whole financial structure of the nation had been shaken to its foundations. Many bankers and brokers were doubtful about their own solvency, for their accounting systems had broken down. . . .Jonathan Norton Leonard, Three Years DownRead the quote and then answer the question below.This passage explains that the stock market crash of 1929 damaged _____.a.only inexperienced investorsb.only big tradersc.only small speculatorsd.the nations financial structure Why was the Shawnee leader Tecumseh fighting.A) British helping Americans.B) Taxes on tradeC) British allying themselves with nativesD) American westward movement Think about how particles are arranged inside atoms. Please name and describe those three particles, and describe how the particles are arranged inside atoms. Some topics to include are: the charge of the particles, the mass of the particles, and where the particles are located. please solve this for me O*NETs Work Context section for Actors. According to O*NET, what are common work contexts for Actors? Check all that apply. a. physical proximityb. face-to-face discussionsc. deal with physically aggressive peopled. exposed to hazardous equipmente. contact with others f. work with group or team What was a major problem for most Oklahoma farmers that the Depression-era Agricultural Adjustment Administration(AAA) never addressed?A. Most Oklahoma farmers were tenant farmers, so they saw no profit from crop price gains.B. Although many crop prices increased nationwide, prices for Oklahoma's major crops stagnated.C. Due to the way Oklahoma's farm system was structured, profits benefited state governmentover individual farmers.D. The AAA lost the support of Oklahoma's state government, which refused to allow federalregulation over the state's farms. When [H+] = 4.0 109 M in water at 25C, thenKw =1.01014.b. pOH = 7.c. [H3O+] = [OH].d. pH= 7e. A-D are all correct Can I actually get help and not people saying random stuff just for points???? If What is the sample space of a single spin of the spinner What is an example of a paradigm shift that will happen now or in the future? 50 points!!! 5. Name 3 things bacteria are "notorious" for?