The entries is:Debit Stock Dividend $89,760;Credit Common Stock Dividend Distributable $52,800;Credit Paid in Capital in excess of Par- $36,960.
Declaration and issuance of the stock dividendDec 1
Debit Stock Dividend $89,760
(48,000×11%×$17)
Credit Common Stock Dividend Distributable $52,800
(48,000×11%×$10)
Credit Paid in Capital in excess of Par- $36,960
($89,760-$52,800)
Dec 31
Debit Common Stock Dividend Distributable $52,800
(48,000×11%×$10)
Credit Common Stock $52,800
Therefore the entries is: Debit Stock Dividend $89,760 ;Credit Common Stock Dividend Distributable $52,800;Credit Paid in Capital in excess of Par- $36,960.
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Straight-line, declining-balance, and activity-based refer to methods commonly used to.
Answer:
depreciate
Explanation:
Straight-line, declining-balance, and activity-based refer to methods commonly used to _depreciate_ property, plant, and equipment.
Answer:
depreciate
Explanation:
Straight-line, declining-balance, and activity-based refer to methods commonly used to .... depreciate... property, plant, and equipment.
Nathan calculated his company’s economic order quantity and categorized all production costs. One cost was related to the cost of storing milk in the freezers, and another cost was related to the insurance expenses that covered the company’s inventory. To which cost category would Nathan assign these costs?
The cost category which Nathan would put the insurance expenses is in the fixed cost per order.
What is Production Cost?This refers to the sum total of all the costs which a company has when producing a good or service.
Hence, in this case, because Nathan is making calculations of the company’s economic order quantity and he has to make a category of the production costs, he would have to put the insurance expenses is in the fixed cost per order.
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What are the sales dollars required to attain a target profit of $120,000?.
The sales dollars required to attain a target profit of $120,000 is $400,000.
What are profits?The profits are the financial gains earned by a business or organization after all expenses and costs are deducted from the revenue generated from its operations.
The profits are what is left over when a business subtracts all of its costs, including the cost of goods sold, operating expenses, taxes, and other expenses, from its total revenue.
A business that earns high profits is generally seen as successful, while a business that consistently incurs losses is considered to be struggling. It is a key measure of a company's financial performance and are an important indicator of its ability to generate income.
For attaining a target profit of $120,000, the sales dollars required is $400,000.
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Years ago, American Express created the Gold Card for affluent customers. In response to recent declines, AmEx has decided to enhance the benefits of having a Gold Card by increasing the rewards and offering personalized services. This is an example of:
Based on the given scenario with Amex enhancing the benefits of having a Gold Card, this is an example of invention.
What is Invention?This refers to the creation of new things with the aim of making a process easier that has not been done before.
Hence, we can see that based on the changes made by American Express in their Gold Card for their affluent customers and the increased benefits, this is an example of an invention.
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Which is a formatting characteristic of a full-block business letter?.
Answer:
In a full block business letter, every component of the letter heading, address, salutation, body, salutation, signature, identification, enclosures is aligned to the left. Also first sentences of paragraphs are not indented.
Explanation:
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Which is an example of non-tradable good or service.
Vegetables
Soda
Hotel accommodation
Textiles
A typical example of a non-tradable good or service is; Hotel accomodation.
What are non-transferable goods and services?Traditionally, non-tradable goods include such items as electricity, water supply, all public services, hotel accommodation, real estate, construction, local transportation; goods with very high transportation costs such as gravel; and commodities characteristically produced to meet special customs or conditions of the market space.
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If a firm in a perfectly competitive market triples the quantity of output sold, then total revenue will:.
If a firm in a perfectly competitive market triples the quantity of output sold, then total revenue will: exactly triple.
What is a perfect competitive market?A Perfect competitive market is a type of market that has different manaufacturers which sell product that are slightly the same and the price of those product are also slightly the same.
Their is competition in this type of market based on the fact that each producer compete against one another.
Inconclusion If a firm in a perfectly competitive market triples the quantity of output sold, then total revenue will tripple the same.
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How does information technology impact the economic sector?
Answer:
~ᴛᴇᴄʜɴᴏʟᴏɢɪᴄᴀʟ ᴘʀᴏɢʀᴇꜱꜱ ᴀʟʟᴏᴡꜱ ꜰᴏʀ ᴛʜᴇ ᴍᴏʀᴇ ᴇꜰꜰɪᴄɪᴇɴᴛ ᴘʀᴏᴅᴜᴄᴛɪᴏɴ ᴏꜰ ᴍᴏʀᴇ ᴀɴᴅ ʙᴇᴛᴛᴇʀ ɢᴏᴏᴅꜱ ᴀɴᴅ ꜱᴇʀᴠɪᴄᴇꜱ, ᴡʜɪᴄʜ ɪꜱ ᴡʜᴀᴛ ᴘʀᴏꜱᴘᴇʀɪᴛʏ ᴅᴇᴘᴇɴᴅꜱ ᴏɴ.
Explanation:
ᴍᴀɢᴀɴᴅᴀɴɢ ᴛᴀɴɢʜᴀʟɪ ꜱᴀ ᴀᴛɪɴɢ ʟᴀʜᴀᴛ!!!
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Please heart my Answer←_←Tysm #Studying is important
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Careers in the ______________ cluster work from two different angles: the arts, a/v technology, and communication pathway creates things for the public to see, read, or play, while the information technology pathway focuses on using technology to wade through information or to keep information flowing to the public.
A. Health Sciences
B. Communications and Information
C. Agriculture, Food, and Natural Resources
D. Engineering, Manufacturing, and Technology
(CAREER)
Why do consumer advocates advise against using alternative financial services?.
Consumer advocates advise against using alternative financial services because of the high cost that's associated with the loans and other services.
What is a financial service?It should be noted that a financial service simply means a wide range of activities such as banking, insurance and investing.
In this case, consumer advocates advise against using alternative financial services because of the high cost that's associated with the loans and other services.
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True or False: In the short run, changes in exchange rates are caused by relative productivity levels and preferences for domestic goods or foreign goods. True False
True: Over short periods of time, decisions to hold domestic or foreign financial assets play a much greater role in exchange rate determination than the demand for imports and exports does.
Further explanationAccording to the asset market approach to exchange rate determination, investors consider two key factors when deciding between domestic and foreign investments: relative interest rates and expected changes in exchange rates. Changes in these factors, in turn, account for fluctuations in exchange rates that one observe in the short run.
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Northeastern Health is a regional medical center. They tie pricing of services and profits to specific services in the medical center. Northeastern Health uses a __________ control system. Group of answer choices feedforward clan market bureaucratic concurrent
Northeastern Health, as a regional medical center that ties pricing to specific services, uses a market control system.
What is a market control system?A market control system is a system that an entity's management uses to identify performance deviations in order to institute corrective measures for goal achievement.
Some of the market control systems include:
Annual plan controlProfitability controlEfficiency control Strategic control.Thus, Northeastern Health, as a regional medical center that ties pricing to specific services, uses a market control system.
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Which general staff member prepares incident action.
Answer:
Operations Section Chief
Explanation:
is responsible for managing all tactical operations at an incident. The Incident Action Plan (IAP) provides the necessary guidance.
A bond issue with a face amount of $500,000 bears interest at the rate of 7%. The current market rate of interest is 8%. These bonds will sell at a price that is:
As a result of the interest rate being 8% and the coupon being 7%, these bonds will sell at a price less than $500,000.
Why would the bonds sell less than $500,000?When a bond's coupon rate is less than the market rate of interest, it is referred to as a discount bond.
This means that the bond will be sold at a price that is less than its face value amount. In this case the market rate is higher than the coupon rate so the bond will sell for less than $500,000.
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Sometimes a pay rate is raised or lowered to compensate for specific working conditions (such as working the night shift) or labor markets (such as living in a high-rent location). These adjustments are called
The adjustment of raising a pay rate or lowering it to compensate for specific working conditions are called pay differentials.
What is a pay rate?The pay rate represents the average amount that laborers are paid per period.
The pay period may be an hour, a day, a week, etc.
The pay rate is multiplied by the pay period worked by a laborer to compute the total earnings.
Thus, the adjustment of raising a pay rate or lowering it to compensate for specific working conditions are called pay differentials.
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What is collateral?
•
a type of unsecured credit
O property given as security for a loan
funds borrowed to buy property
a payment to reduce overall debt
A collateral is a property given as security for a loan. Thus, the correct answer is option B.
What is a collateral?A valuable asset that a borrower offers as collateral for a loan is known as collateral in the financial industry.
The house is used as collateral for the financing when a home buyer gets a mortgage. The automobile is the security for a car loan. When a company seeks bank financing, it may use valuable assets like real estate or machinery as collateral for the loan.
An unsecured loan has a higher interest rate than one that is backed by collateral. If there is a default, the lender has the right to transfer the collateral to make up the difference.
Therefore, property given as security for a loan is a collateral
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Currently the FTC and industry leaders are discussing measures to curb robocalls, or the use of autodialers to deliver a prerecorded message, further impeding the use of
There will be an impediment of telemarketing when industry leaders are discussing various measures to curb a robocalls or autodialers to deliver a prerecorded message.
What is an telemarketing?It is a form of direct marketing because network promotes a goods or services to potential customers over the telephone or through the Internet.
In conclusion, because the industry leaders are discussing various measures to curb a robocalls or autodialers to deliver a prerecorded message, then, there will be an impediment of telemarketing.
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Fidelity investments is one of the largest mutual fund and brokerage services providers worldwide. it has various offices in cities across the united states. in each office customer, contact personnel have a well-groomed, professional appearance. the inside of the office is clean and attractive. these visible cues are an attempt to deal with the problem of _______ common to service organizations
These visible cues are an attempt to deal with the problem of trust common to service organizations. Hence, the purpose of these cues is to generate much trust from the customers.
Common Customer Service ProblemsThe following are the common customer service problems encountered by the customers:
Long time in responseImpatience on the part of the Customer representative to Listen to the Needs of the customerCustomer Transfer from one department to anotherRudeness on the part of Customer Service agent towards the ClientsInability to offer a solution to the CustomerInability of the Customer Service agent to fulfil Promises.Therefore, these cues are in place to earn trust from the customers.
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Economists have determined that the economy goes through a cycle of
growth and decline how often?
O A. Every 80-95 years
O B. Every 6-10 years
O C. Every 25-31 years
O D. Every 54-60 years
Economists have determined that the economy goes through a cycle of growth and decline Every 25-31 years. Thus the correct option is C.
What is the economy?The economy of any country is determined by the ratio of production and consumption that takes place within a year and evaluates the flow of funds in the market by analyzing the purchasing parity of an individual.
The economic cycle is ditributed into four stages in which there are stages as expansion, peak, contraction, and trough which indicate the status of the economy in the country.
According to economists, the economy has cycles of expansion and falls every 25–31 years. This is dependent on both the development of technology and the rise in the income of an individual.
Therefore, option C Every 25-31 years is appropriate.
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Hi!
1) What is contrct of partnership deed ?
Answer:
Partnership Deed
Explanation:
A Partnership Agreement is a contract between two or more business partners. The partners use the agreement to outline their rights responsibilities, and profit and loss distribution. The agreement also sets the general partnership rules, like withdrawals, capital contributions, and financial reporting.
You have $55,000 in a savings account that pays 2% interest per year.
The inflation rate that year is 3.24%.
To calculate simple interest: Principal x Rate x Time = Interest
How much do you make in interest in a year?
Answer:
1. the interest make in a year is $1100
2. the spending power need to make to keep up with inflation in that year is $1782.
3. the buying power lose in that year because of inflation is $682. the buying power lose in that year because of inflation is $682.
Explanation:
In a savings account, amount $55,000 which pays 2% interest each year and the rate of inflation is 3.24% gives,
1.The interest make in a year is $1100
2. Spending power need to make to keep up with inflation in that year is $1782.
3. Buying power lose in that year because of inflation is $682
1. the interest make in a year is $1100
2. the spending power need to make to keep up with inflation in that year is $1782.
3. the buying power lose in that year because of inflation is $682. the buying power lose in that year because of inflation is $682.
Duncan is creating records for inventory products in QuickBooks Online. Which field will he fill in that is not used for noninventory products
The field that Duncan is not going to have to fill that is not used for non inventory products would be all of the options in the question.
What is inventory?This is a term that has to do with the stock of goods that a company or a business has.
The purpose of the inventory is in oerder for the business to resale the stock. All of the options in the question are used for inventory.
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A company’s _____ specifies the media vehicles to be used and the schedule for running advertisements.
The factor that specifies the media vehicles and methods to be used by a company to run advertisements is it's media plan.
What is a media plan?This refers to a structured plan that a company comes up with and implements in order to meet their marketing goals.
It involves things like the schedules of adverts to be run, the media vehicles to be engaged, and the type of content that would be most effective.
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Joelle purchased 100 shares of PAC stock for $20 per share and sold this same stock one year later for $25 per share. She paid commissions of $60 when she purchased the stock and $70 when she sold the stock. Dividends of $2 per share were paid during the year. The total rate of return on this investment was
The total rate of return on this investment made by Joelle, who purchased 100 shares of PAC stock for $20, is 26.8%.
What is the rate of return?The rate of return refers to the percentage of net profit or loss from an investment.
The rate of return can be computed as the total returns divided by the total cost, multiplied by 100.
Data and Calculations:Cost price of stock = $20 per share
Total cost = $2,000 ($20 x 100)
Sales price per share = $25
Total sales value = $2,500 ($25 x 100)
Commission paid = $130 ($60 + $70)
Dividends received = $200 ($2 x 100)
Total proceeds from the investment = $2,700 ($2,500 + $200)
Total cost of investment = $2,130 ($2,000 + $130)
Total returns in dollars = $570 ($2,700 - $2,130)
Total rate of returns = 26.8% ($570/$2,130 x 100)
Thus, the total rate of return on this investment by Joelle from PAC shares is 26.8%.
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Which of the following best describes the purpose of making an investment?
O A. To have control over economic activity
B. To increase profits by paying higher wages
O c. To use money to make more money
O D. To keep the money supply growing
Answer:
C. to use money to make more money
Explanation:
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Click this link to view o*net’s work styles section for helpers—production workers. note that common work styles are listed toward the top and less common work styles are listed toward the bottom. according to o*net, what are some common work styles needed by helpers—production workers? select four options.
staffing/hiring
dependability
adaptability/flexibility
attention to detail
language
cooperation
Answer:
2,3,4,6 dependability, adaptability/felxibility, attention to detail, cooperation.
Explanation:
I did it and got it right
The common work styles needed by helpers—production workers are dependability, adaptability/flexibility, attention to detail and cooperation.
Production employees are skilled personnel that maintain production by monitoring machinery to ensure product quality. They work on an assembly line, maintaining and cleaning factory machinery, and carefully assembling products in compliance with all safety regulations.
In factories, production workers create and put together goods. They run and maintain the equipment, guarantee that manufacturing requirements are maintained, finish the items, and get them ready for shipping.
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George is the ink buyer for Indigo Printing Company, a major plastic shopping bag manufacturer. One of his vendors regularly takes George to lunch and golf outings, and treats him to expensive vacations. George might have difficulty in which area of ethical concern
The area of ethical concern which George might have difficulty is fairness and honesty because his vendors regularly takes him to lunch and golf outings.
The Corporate Code of Ethics.Based on the Corporate Code of Ethics, there are six(6) universal ethical standards and these include the following;
RespectCitizenshipResponsibilityCaringTrustworthiness.Fairness and honesty.In this context, the area of ethical concern which George might have difficulty is fairness and honesty because his vendors regularly takes him to lunch and golf outinggs, and treats him to expensive vacations.
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Your manager has been asked to speak to a community group about an upcoming development project that will be demolishing an old mall and building a mixed-use space with apartments, retail, and office space—a topic that has created some controversy in the community. She’s asked for your help in putting together her presentation. Do you think that a live or virtual presentation would be most effective? Why? What types of multimedia elements do you think would be most engaging? Why?
A live presentation would be more effective, as it generates more direct communication with the audience, which can increase empathy and persuasion about the topic.
How to create an effective presentation?It is essential that the speaker prepares himself in advance, to build a consistent and reliable argument, which manages to retain the attention of the spectators.
The use of multimedia elements, such as demonstration videos and slides can be positive to engage the public and generate greater objectivity on the subject.
Therefore, it is essential that in a presentation, the speaker uses elements that help to reduce resistance, such as an explanation of the benefits of an action, to create greater adherence to the proposed ideas.
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What must owners of agricultural land do each year in order for it to qualify for protection under the Green Belt Law
In order for the land to qualify for the green belt law, it has to be used primarily for the sake of agriculture or good faith commercial agricultural purposes.
What is the Green Belt law?This is an exemption that is given to land owners in the state of Florida if the land is used for the bona fide purpose of agriculture.
The law has it that the land owner applies for classification if they want the law applicable to them.
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