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2 years ago

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

1 answer:

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.

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Tanner-UNF Corporation acquired as a long-term investment $240million of 6% bonds, dated July 1, on July 1, 2018. The marketinte

horrorfan [7]

Answer:

Journal Entry

01 July Debit Investment $240 million Credit Bank $200 million Credit Discount on investment $40 million

31 Dec Debit Bank $7,2 Million Debit Discount on Bond $0.8 million Credit Interest Income $8 million

Debit Fair Value loss on investment $30 million Credit Investment $30 million

Explanation:

Interest is received semiannually

6%/2 = 3%

interest = $240 million * 3% =7,200,000

8%/2 = 4%

Interest market $200 million * 4% =8,000,000

Fair value loss = 240 million - 210 million

= 30 million loss because cost is greater than fair value

8 0

3 years ago

What are the criticisms of fiscal policy

vesna_86 [32]

Answer:

Fiscal policy is the adjustment of tax rate and government spending that is used to handle current economic situation.

There are several of criticism that usually found on fiscal policies.

- Time Lags.

The effect of fiscal policies could only be felt years after the policies are made. Often times, this goes unnoticed by the citizens of the country, making it look like that the government took no action to handle their economic issues.

- Strengthening foreign influence

One of the things that the government can do to reduce the inflation is by selling government bonds to the public. These bonds can be bought by companies from another countries. This will strengthen that country's influence over US economy.

- It could create a budget deficit for the next government officials.

Government in United States were reshuffled between 2-4 years. While the effect of fiscal policies could need more than 10 years before it actually can be felt. Sometimes, fiscal policies taken by previous government could create a deficit that had to be handled by the next government after the election.

4 0

3 years ago

Contribution Income Statement and Cost-Volume-Profit Graph Picnic Time produces a picnic basket that is sold for $100 per unit.

Ira Lisetskai [31]

Answer:

Graph Picnic Time

Contribution Income Statement

For the Month of July

Sales $400,000

Less variable costs:

Direct materials $100,000

Direct labor 60,000

Manufacturing overhead 20,000

Selling and administrative 16,000

Total variable costs $196,000

Contribution margin $204,000

Less fixed cost:

Manufacturing overhead $36,000

Selling and administrative 68,000

Total fixed costs $104,000

Profit $100,000

Explanation:

a) Data and Calculations:

Selling price per picnic basket = $100

July Production and sales = 4,000 baskets

Variable Costs per Unit:

Manufacturing:

Direct materials $25

Direct labor 15

Manufacturing overhead 5

Total $45

Selling and administrative 4

Total $49

Fixed Costs per Month

Manufacturing overhead $36,000

Selling and administrative 68,000

Total $104,000

Contribution Income Statement

For the Month of July

Sales $400,000 ($100 * 4,000)

Less variable costs:

Direct materials $100,000 ($24 * 4,000)

Direct labor 60,000 ($15 * 4,000)

Manufacturing overhead 20,000 ($5 * 4,000)

Selling and administrative 16,000($4 * 4,000)

Total variable costs $196,000

Contribution margin $204,000

Less fixed cost:

Manufacturing overhead $36,000

Selling and administrative 68,000

Total fixed costs $104,000

Profit $100,000

8 0

3 years ago

Gilda has an idea that would streamline operations, reduce costs, and increase profits. Her idea requires the cooperation of s

Jet001 [13]

Answer:

Evidence based.

Explanation:

Evidence: It is something that furnishes proof or testimony or something legally submitted to ascertain in the truth of matter.

Evidence basedis the conscientious (effort), explicit (clarity) and judicious (critical of quality) use of the best available evidence from multiple sources to increase the likelihood of a favourable outcome.

Characteristics:

- It’s about the process

- It’s not about certainties (this will work)

- It’s is about probabilities and likelihoods

- It is about reducing uncertainty (given our context this is more likely to lead to the outcome we want than doing something else or doing nothing)

7 0

3 years ago

Which of these products is an example of perfect competition?

Helen [10]

A. correct me if im wrong

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3 years ago