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1 year ago

The date the board of directors votes to declare and pay a cash dividend is called the?

1 answer:

5 0

The date the board of directors votes to declare and pay a cash dividend is called the date of declaration.

<h3>What does the declaration date mean?</h3>

A declaration date refers the date on which the board of directors of a company announces the next date of dividend payment. The board of directors of a company announces a cash dividend on a declaration date, which involve paying a certain amount of money per common share.

A declaration statement is issued that mainy includes the details such as the size of the dividend, the record date and its payment date.

Basically, the date on which the directors vote to declare and pay a dividend is called the declaration date.

Learn more about declaration date here:-

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Kray Inc., which produces a single product, has provided the following data for its most recent month of operations:

Ilya [14]

Answer:

$76

Explanation:

The computation of Unit product cost under variable costing is shown below:-

Unit product cost under variable costing = Direct material + Direct labor + Variable manufacturing overhead

= $47 + $21 + $8

= $76

So, for calculating the Unit product cost under variable costing we simply added the direct material, direct labor and variable manufacturing overhead.

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3 years ago

Suppose the market for pizzas is unregulated. That is, pizza prices are free to adjust based on the forces of supply and demand.

Ghella [55]

Answer:

The correct word for the blank space is: lower; buyers to offer higher prices.

Explanation:

In a market driven by supply and demand laws, shortages are caused because of excess in demand as a result of lower prices. Thus, that price is lower than the equilibrium price. Besides, if there is a need to push that price to its equilibrium level, sellers will have to increase the price implying buyers will have to offer higher prices.

5 0

3 years ago

Say that Alland can produce 32 units of food per person per year or 16 units of clothing per person per year, but Georgeland can

Ierofanga [76]

The true statement out of all is

B) Georgeland has both an absolute and a comparative advantage in producing clothing.

Explanation:

This is because Absolute advantage is when one firm or a producer is able to produce more of a product using less resources or less time or more of the product in the same resources or same time as the other.

Comparative advantage is found out at the added bonus of having the product be as viable as it is advantageous which means that the producer could also be making another product and would have the advantage in that too so either one of them is equally profitable.

5 0

3 years ago

Bee Inc. is working on its cash budget for March. The budgeted beginning cash balance is $35,000. Budgeted cash receipts total $

son4ous [18]

Answer:

$10,500

Explanation:

Bee Inc.

Cash Budget for March

Budgeted Receipts $116,000

Les Budgeted Expenses ($110,000)

Net Cash $6,000

Add Budgeted Beginning Balance $35,000

Balance $41,000

Loan ($51,500 - $41,000) $10,500

therefore,

To attain its desired ending cash balance for March, the company needs to borrow $10,500

4 0

3 years ago

Betty and Karen have been hired to paint the houses in a new development. Working together, the women can paint a house in two-t

Aliun [14]

Answer:

6 hours

Explanation:

Let k = time it takes Karen to paint the house alone

then according to the question,

(2/3)(k)(1/k + 1/12) = 1

⇒(2k/3)(1/k + 1/12) = 1

⇒(2k)(1/k + 1/12) = 3

⇒(2 + k/6) = 3

Multiplying both sides by 6:

12 + k = 18

k = 6 hours

therefore Karen takes 6 hours to complete the Task.

8 0

3 years ago