Based on the information given the journal entry for this transaction includes a: Debit Factory Wages Payable $200,000; Credit Cash $200,000.
Based on the given details the we were told that total factory payroll of the amount of $200,000 was paid by cash by the manufacturer.
Hence:
The appropriate journal entry to record this transaction is:
Debit Factory Wages Payable $200,000
Credit Cash $200,000
(To record factory wages payable)
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Answer:
150,000 Shares
70$ per share
Explanation:
Stock split at a rate of 3 for 1 means that holder of every 1 share will have total 3 shares after the split (e.g. he will receive additional two shares for each share he owns). Thus Copper Grill Restaurant Corporation's total shares will increase from 50,000 to 150,000 (50,000 * 3).
Per share price will be divided by 3 to arrive at approximate value of per share after the split (210 / 3) = $70 / per share.
Answer:
DuPont Equation
The three factors that directly affect a company's ROE (Return on Equity) are:
1. Profit margin
2. Total asset turnover
3. Equity multiplier
Explanation:
The profit margin measures the operating efficiency of the company with higher sales leading to higher profit margins.
The total asset turnover is a financial measure that divides turnover by the total assets. It shows the efficiency achieved in the use of assets to generate sales revenue.
The equity multiplier measures the financial leverage of the company. It shows how the use of debts increases the value of the company's equity.
I believe that it is D, or the last choice.
The answer in the space provided is the progressive tax
system. The progressive tax system is the one responsible of having to provide
taxes for tax payers in each category in which is in consistent with the
sentence described above.
