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Arithmetic by Grades; For Inductive Teaching, Drilling and Testing Volume 7

Arithmetic by Grades; For Inductive Teaching, Drilling and Testing Volume 7


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About the Book

This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1897 edition. Excerpt: ...your share of the profits or dividend amount to? What dividend will the president, Mr. Sampson get? 1. After this dividend is declared (see page 49), others want to buy the stock, and are willing to pay more than the par value. Mr. Sampson decides to sell 100 of his shares for $54 apiece. What per cent premium does he get? During the second year business was not so good, the dividend being reduced to 5% of the capital stock. What was the entire dividend? What dividend did Mr. Sampson get? What dividend did you get? 2. At the end of the third year the dividend was passed, and the stock sold at 5% discount. If you sell your shares at this price, what is your loss or gain? 3. What is a corporation or stock company? Name different kinds of corporations. What is the difference between a partnership and a stock company? What is a charter? What is a stock certificate? Who are the shareholders? What is par value? What is premium? What is a dividend? 4. The board of directors of a railroad company decided to extend their road, for the construction of which $100,000 would be needed. The stockholders at a meeting approved the plan, and authorized the directors to borrow the money for a term of twenty years. Notes or bonds were issued, for sale in amounts varying from $100 to $1000, and bearing interest at 5% per annum. Each bond had interest coupons attached, indicating the amount of interest for 6 months. How were these bonds or notes worded? The principal was payable to whom? What was printed on each coupon? How many coupons were attached to each bond? Could the bonds be transferred from one person to another? When would the bonds be likely to sell at or above par? When below par? Suppose at the time of their issue you buy one of the five hundred...


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Product Details
  • ISBN-13: 9781155017020
  • Publisher: Rarebooksclub.com
  • Publisher Imprint: Rarebooksclub.com
  • Height: 246 mm
  • No of Pages: 30
  • Spine Width: 2 mm
  • Width: 189 mm
  • ISBN-10: 1155017021
  • Publisher Date: 12 Oct 2012
  • Binding: Paperback
  • Language: English
  • Returnable: N
  • Weight: 73 gr


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