If a person owns 2,000 shares in a corporation which has issued 200,000 shares of stock, that person owns ____ of the company and is entitled to ____ of the dividends
a. 1 percent; 1 percent
b. 2 percent; 2 percent
c. 10 percent; 10 percent
d. 20 percent; 20 percent
a
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What most accurately describes what happened to earnings in the US between 1914 and 1920?
a. Both nominal and real earnings increased substantially. b. Nominal and real earnings dropped significantly as the World War I triggered a recession. c. Nominal earnings increased slightly, but real wages decreased because of the large inflation. d. A period of deflation led real earnings to increase even though nominal earnings had decreased slightly.
When Natalie in New York buys stock in Hyundai in Korea, NCO:
A. decreases. B. is unaffected. C. increases. D. is zero.
Which of the following is not a leading indicator for economic activity?
A. Orders for new equipment. B. Natural disasters. C. The level of inventories. D. Building permits.
At Tony's Restaurant, the quantity of large pizzas sold is 200 at the unit price $15. Suppose the price elasticity of demand for pizzas by the initial value method is 1.5, and you would like to increase the quantity sold to 250. Then the new price must be:
A. $13. B. $12.50. C. $11.50. D. $11.25.