Answer:
$31,000
Explanation:
Calculation for the cash received from Dividend
Beginning dividends receivable + Dividend revenue - dividends paid = Ending dividends receivable
Hence,
Using this formula
Dividends paid = Beginging dividends receivable + dividend revenue - Ending dividends receivable
Let plug in the formula
= 3,100+32,300-4,400
=31,000
Therefore the amount of cash received from dividend will be $31,000.
Thus the dividend revenue is not the dividends which was received in cash, but instead it is the dividends which was earned during the period.
Answer:
$907.50
Explanation:
Calculation for How much would Klemons be paid for a week in which he worked 46 hours
Amount to paid =(10 × 0.5 × $16.50)+(50× $16.50
Amount to paid=$82.50 + $825
Amount to paid=$907.50
Therefore the amount that Klemons should be paid for a week in which he worked 46 hours is $907.50
Answer:
$11,300
Explanation:
The computation of the deferred tax asset is shown below:
= 21%(20X2 Expense) + 25%(20X3 and 20X4 Expense)
= 21%($30,000) + 25%($15,000) + 25%($5,000)
= $6,300 + $3,750 + $1,250
= $11,300
Answer:
Broker must obtain the signature of the seller to effect a contract.
