If the Owner of Microsoft Moved into Your Neighborhood, Which

question 43

Multiple Choice

If the owner of Microsoft moved into your neighborhood, which of the following statistical indexes for the income in your neighborhood would become radically larger?

• A) Mean
• B) Median
• C) Mode
• D) Percentile rank

Calculate and allocate dividends to preferred and common stock accurately.

Understand and apply the accounting treatment for stock dividends.

Prepare the stockholders' equity section of the balance sheet.

Calculate earnings per share and understand its significance.

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Definitions:

Disposable Income

Earnings left after subtracting taxes and social security contributions, which can be either saved or spent according to one's preferences.

Savings

The portion of income that is not spent on consumption or taxes, and is therefore available for investing or setting aside for future use.

Disposable Income

The net income available to an individual or household after all taxes have been deducted, available for spending or saving.

Savings

The portion of income that is not spent on consumption but rather set aside for future use or investment.