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STALIN [3.7K]
2 years ago
5

Although some laws concerning cash dividends vary by state, which provision is followed by all states?

Business
1 answer:
zlopas [31]2 years ago
3 0

Although some laws concerning cash dividends vary by state, the provision followed by all states is Cash dividends may be paid out of retained earnings.

A cash dividend is the distribution of budget or cash paid to stockholders usually as a part of the company's modern-day income or gathered earnings. coins dividends are paid at once in money, as opposed to being paid as a stock dividend or different shape of value.

Cash dividends are considered property due to the fact they boom the net well-worth of shareholders via the quantity of the dividend.

Cash dividends are payments made in coins to shareholders based totally on the number of stocks they preserve. inventory dividends are bills to shareholders made in the shape of extra stocks of inventory.

Learn more about cash dividends here brainly.com/question/20374943

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Spencer Company purchased a tractor at a cost of $360,000 on January 1, 2019. The tractor has an estimated salvage value of $60,
loris [4]

Answer:

$210,000

Explanation:

Straight line depreciation expense = (Cost of asset - Salvage value) / useful life

( $360,000 - $60,000) / 8 = $37,500

Depreciation expense each year of the useful life would be $37,500.

Book value in 2023 = Cost of asset - accumulated deprecation

There are 4 years between January 1, 2019 and January 1, 2023.

Accumulated depreciation = $37,500 x 4 = $150,000

Book value = $360,000 - $150,000 = $210,000

I hope my answer helps you

3 0
3 years ago
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Answer:

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Explanation:

6 0
3 years ago
Read 2 more answers
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leonid [27]

Answer:

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If Helga accepts the offer and chooses and means to convey the acceptance, it will be acceptable as there is no specific way stated by Judith.

So when Helga responds by using a normal letter, the acceptance is effective when she dispatches the letter.

If however Judith stated an authorised means of acceptance, Helga would have to comply to make sure her acceptance is valid

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