Find the Rate When the Portion Is 27 and the Base

question 73

Multiple Choice

Find the rate when the portion is 27 and the base is 60.

• A)61.7%
• B)162%
• C)45%
• D)222%

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Definitions:

Stock Dividends Distributable

A portion of a company's earnings decided by the board of directors to be distributed to its shareholders in the form of additional shares.

Retained Earnings

The portion of net earnings not distributed as dividends to shareholders but retained by the company for reinvestment.

Noncumulative Preferred Shares

Type of preferred stock where dividends not paid in a particular year do not accumulate and must be forfeited.

Stock Split

A corporate action in which a company divides its existing shares into multiple shares to boost the liquidity of the shares.