Answer:
d) increases, and the labor -force participation rate decreases
Answer:
Cash flow will be $12750
So option (B) will be correct answer
Explanation:
We have given return on equity = 15 % = 0.15
Total equity = $85000
We have to find the cash flow
Equity is given by
So
So cash flow will be equal to $12750
So option (B) will be correct option
Answer: Please check in the explanation column for answer
Explanation: The entries on the appropriate dates to record the declaration and payment of cash dividend in Sheffield Corporation is given as
Nov 1.
Debit: Cash Dividends 84,000
Credit: Dividends Payable 84,000
Dec 31.
Debit: Dividends Payable 84,000
Credit: Cash 84,000