The joint-stock company
Answers are for parents and teachers.
1
A shareholder has 400 ordinary shares. A dividend of 2 500 so‘m per share was paid. How many so‘m is the total dividend?
1000000
2
Find the annual dividend for a preferred share with nominal value 15 000 so‘m and a fixed annual dividend of 8 % (in so‘m).
1200
3
Table: compare an individual entrepreneur, an LLC and a JSC briefly by founders, liability and the way funds are raised.
Individual entrepreneur: one citizen, personal liability, own funds/credit. LLC: one or several founders, liability within the contribution, pooling shares. JSC: shareholders, liability within the contribution, issuing shares.
4
Why may the JSC form suit building a large factory better than individual entrepreneurship? Write 3 sentences.
Because large funds are needed and a JSC can collect contributions from many shareholders; liability is limited to the contribution; a legal entity is also needed for a large project.
5
Why might it be wrong to advise someone that buying or selling shares “will be profitable”? Write your view in 2–3 sentences.
Because share prices and dividends are not guaranteed and everyone’s financial position differs, so personal financial advice is given by a qualified professional. The textbook only teaches concepts.