Dividends yield equals
a. market price per share divided by dividends per share.
b. net income divided by dividends per share.
c. dividends per share divided by net income.
d. dividends per share divided by market price per share.
D
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Sagal Corporation has excess cash to invest and pays $200,000 to buy 7%, five-year bonds of Richmond Corporation, at face value, on June 30, 2016
The bonds pay interest on June 30 and December 31. Sagal intends to hold the bonds to maturity. The bonds are disposed of, at face value, on June 30, 2021. Prepare the journal entry for December 31, 2016 (omit the explanation). What will be an ideal response
On the cover of its catalogue, Lands End Store used a picture from a book entitled, A Summer's Evening, that was written and copyrighted by Lisa Arredondo in 1995 . Lisa still holds the copyright to the book. Lands End and Lisa are citizens of Wisconsin. If Lisa sues Lands End for $45,000 in damages for copyright infringement in violation of the federal Copyright Act, she:
a. must bring her lawsuit in state court because her damages do not exceed $150,000. b. may bring her lawsuit in either federal or state court. c. must bring her lawsuit in federal court because federal court has exclusive jurisdiction. d. must bring her lawsuit in state court because both parties are from Wisconsin
Because there are two or more people in a general partnership, bankers, suppliers, and other creditors are not concerned about unlimited liability.
Answer the following statement true (T) or false (F)
Belvedere Corporation had a balance in its Equipment account on January 1, Year 2, of $333,200. During the year, equipment originally costing $89,100 and having Accumulated Depreciation of $22,200 was sold for $68,900. The ending balance of the Equipment Account was $289,700. How much did the company spend to purchase additional equipment during Year 2?
A. $91,100 B. $45,600 C. $22,200 D. $89,100