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1 year ago

What quickbooks task stores information about customers, vendors, employees, services, and more?

Business

1 answer:

Rufina [12.5K]1 year ago

8 0

List QuickBooks task stores information about customers, vendors, employees, services, and more.

vendors:

A vendor, sometimes referred to as a supplier, is a person or business that sells goods or services to another party in the chain of economic production.
A vendor is an individual or company that buys products and services from distributors and resells them to customers or other companies. Manufacturers, wholesalers, retailers, service and maintenance companies, independent vendors, and trade show representatives make up the five different categories of vendors.
A vendor is a person, group of people, or other legal entity who produces things or sells services to customers or other business owners (often under a business name). The vendor is not need to be a manufacturer and need not produce their own items.

Learn more about vendors here brainly.com/question/24852211

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3 years ago

Sunbird Theatre Inc. owns and operates movie theaters throughout Florida and Georgia. Sunbird Theatre Inc. has declared the foll

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Answer:

See the explanation below.

Explanation:

1. Calculation of total dividend for six years (2011 to 2016)

Total dividend = 2011 dividend + 2012 dividend + 2013 dividend + 2014 dividend + 2015 dividend + 2016 dividend

Total dividend = $20,000 + $36,000 + $70,000 + $90,000 + $102,000 + $150,000

Total dividend = $468,000

2. Calculation of per-share dividends declared on each class of stock for each of the six years

Note that preferred stock holders are entitled to dividend first before the common stock holders. It is what remains after paying the preferred shareholders that the common shareholders get. Therefore, the calculation is done as follows:

2011:

Preferred dividend per share = Preferred dividend rate × Preferred stock price

Expected preferred dividend per share = 1% × $30 = 0.30 per share

Expected total preferred dividend = Expected preferred dividend per share × Number proffered share

Expected total preferred dividend = $0.30 × 100,000 = $30,000

Actual dividend declared = $20,000

Preferred dividend declared per share = $20,000 ÷ 100,000 = $0.20

Preferred dividend arrears (Cumulative) = $30,000 - $20,000 = $10,000

Preferred dividend per share arrears (Cumulative) = $10,000 ÷ 100,000 = $0.10

Since preferred stock holders are entitled to dividend first before the common stock holders and the dividend declared is lower than the dividend payable to the preferred shareholders, the common stockholders will receive zero dividend in 2011.

Also, since it is stated in the question that the preferred 1% stock is cumulative

2012:

Expected preferred dividend per share = 1% × $30 = 0.30 per share

Expected total preferred dividend = Expected preferred dividend per share × Number proffered share

Expected total preferred dividend = $0.30 × 100,000 = $30,000

Total dividend declared = $36,000

Preferred dividend declared per share = $30,000 ÷ 100,000 = $0.30

To pay preferred dividend in arrears = $36,000 - $30,000 = $6,000

Preferred dividend arrears per share paid = $6,000 ÷ 100,000 = $0.06

Balance of preferred dividend arrears = $10,000 - $6,000 = $4,000

Balance of preferred dividend per share arrears = $4,000 ÷ 100,000 = $0.04.

Total preferred dividend paid in 2012 = $36,000

Preferred dividend per share paid in 2012 = $36,000 ÷ 100,000 = 0.36

Again for the same reason as stated above, the common stockholders will also receive zero dividend in 2012.

2013:

Expected preferred dividend per share = 1% × $30 = 0.30 per share

Expected total preferred dividend = Expected preferred dividend per share × Number proffered share

Expected total preferred dividend = $0.30 × 100,000 = $30,000

Total dividend declared = $70,000

Preferred dividend declared per share = $30,000 ÷ 100,000 = $0.30

To pay preferred dividend arrears = $4,000

Preferred dividend arrears per share paid = $4,000 ÷ 100,000 = $0.04

Common stock dividend = $70,000 - $34,000 = $36,000

Common stock dividend per share = $36,000 ÷ 400,000 = $0.09.

2014:

Expected preferred dividend per share = 1% × $30 = 0.30 per share

Expected total preferred dividend = Expected preferred dividend per share × Number proffered share

Actual total preferred dividend = $0.30 × 100,000 = $30,000

Preferred dividend declared per share = $30,000 ÷ 100,000 = $0.30

Total dividend declared = $90,000

Common stock dividend = $90,000 - $30,000 = $60,000

Common stock dividend per share = $60,000 ÷ 400,000 = $0.15.

2014:

Expected preferred dividend per share = 1% × $30 = 0.30 per share

Expected total preferred dividend = Expected preferred dividend per share × Number proffered share

Actual total preferred dividend = $0.30 × 100,000 = $30,000

Preferred dividend declared per share = $30,000 ÷ 100,000 = $0.30

Total dividend declared = $102,000

Common stock dividend = $102,000 - $30,000 = $72,000

Common stock dividend per share = $72,000 ÷ 400,000 = $0.18.

2015:

Expected preferred dividend per share = 1% × $30 = 0.30 per share

Expected total preferred dividend = Expected preferred dividend per share × Number proffered share

Actual total preferred dividend = $0.30 × 100,000 = $30,000

Preferred dividend declared per share = $30,000 ÷ 100,000 = $0.30

Total dividend declared = $150,000

Common stock dividend = $150,000 - $30,000 = $130,000

Common stock dividend per share = $130,000 ÷ 400,000 = $0.33.

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3 years ago

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3 years ago

anufacturers consider selling and administrative costs to be A. prime costs. B. conversion costs. C. inventoriable costs. D. per

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Answer:

D. period costs.

Explanation:

The period cost is the cost which is incurred during the passage of time. It includes the major part of the ling and administrative expenses of the income statement. This cost is not capitalized. It is to be allocated based on the expenses that are against the revenue.

Example - Depreciation on delivery trucks, advertising expense, etc

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3 years ago

Hi there !

Zanzabum

Answer:

Capital expenditures are typically one-time large purchases of fixed assets that will be used for revenue generation over a longer period while revenue expenditures are typically referred to as ongoing operating expenses, which are short-term expenses that are used in running the daily business operations.

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2 years ago

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