Answer:
A. For the dividend, John incurred a cost of $0.00 since he was not listed as the shareholder of record by August 15th. As a result, the dividend allocation was made to the stock's former owner.
Explanation:
The settlement date refers to when the buyer officially takes ownership of the shares, typically occurring two days after the trade date.
Hope this will help, please do comment if you need any further explanation. Your feedback would be highly appreciated.
Response:
=IF(C5>35000,IF(C5>25000<35000,IF(C5<25000,0.05*C5),0.04*C5),0.02*C5)
Justification:
Below is the formula intended to be entered in cell C8:
=IF(C5>35000,IF(C5>25000<35000,IF(C5<25000,0.05*C5),0.04*C5),0.02*C5)
This formula computes the bonus based on the provided data, utilizing the IF function. The formula begins with an equal sign, followed by IF and the application of all relevant terms.
The equilibrium quantity after adjusting the demand curve yields Q = 10.
Response:
The total value of Treasury stock at the end amounts to $85,000
Clarification:
Data Provided:
The amount of treasury stock purchased = 15,000 at $17 each
and the number of treasury stock sold = 10,000
Calculations:
Total cost of purchased treasury stock = 15,000 × $17
which equals $255,000
The proceeds from selling the treasury stock = 10,000 × Purchase price
which is 10,000 × $17
leading to $170,000
To compute the final dollar amount of Treasury stock:
Dollar amount of Treasury stock at the end = Total purchased - Total sold
which simplifies to $255,000 - $170,000
thus resulting in a final amount of $85,000