A shareholder's interest is in ____________ to the # of shares out of the number of shares issued.
Fill in the blank(s) with the appropriate word(s).
Ans: proportion
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The following transactions of Windsor Enterprises occurred in 2016 and 2017
Jul. 31, 2016 Purchased a delivery truck at a cost of $14,000, signing a six-month, 8% note payment for that amount. Aug. 31, 2016 Recorded the month's sales of $105,000 ($40,000 for cash and the balance on credit). Sales amounts are subject to a 6% state sales tax. Ignore cost of goods sold. Sept. 20, 2016 Paid the August sales tax to the state. Dec. 31, 2016 Accrued warranty expense, which is estimated to be 3% of sales of $748,500. Dec. 31, 2016 Accrued interest on the outstanding note payable. Feb. 1, 2017 Paid off the note from July 31, 2016 Journalize the transactions in Windsor's general journal. Explanations are not required. Round to the nearest dollar. What will be an ideal response
An insurance company collected $31.0 million in premiums and disbursed $28 million in losses. Loss adjustment expenses amounted to $5.0 million. The firm is profitable
A. if dividends paid to policyholders is $4 million and income generated on investments is $4 million. B. if dividends paid to policyholders is $10 million and income generated on investments is $14 million. C. if dividends paid to policyholders is $6 million and income generated on investments is $2 million. D. if dividends paid to policyholders is $10 million and income generated on investments is $4 million. E. if dividends paid to policyholders is $4 million and income generated on investments is $2 million.