On January 1, Year 1 you bought 100 shares of Universal Exports Inc It is now January 1 of Year 2. You have recorded stock price and dividend information for Universal in the table, below. You want to calculate your return on the investment
After digging through your records you realize that Universal executed a 3-for-1 stock split late in Year 1. Use this information to adjust the data in the table and calculate the split-adjusted annual return on the investment in Universal shares.
Selected Financial Data
Universal Exports Inc
Price Dividend
Jan 1, Year 1 $12
Jan 1, Year 2 $8 0.40
A) -30%
B) 100%
C) 103%
D) 110%
E) 200%
D
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Which of the following best defines a corporation?
A) It is an entity created and authorized by federal law that raises capital by issuing stock to limited partners. B) It is an entity created and authorized by state law that raises capital by issuing stock to investors, who own the corporation. C) It is an entity created and authorized by federal law that raises capital by issuing stock to investors, who own the corporation. D) It is an entity created and authorized by state law that raises capital by issuing stock to limited partners.
An increase in size usually makes the organization more decentralized for some decisions
Indicate whether the statement is true or false