Answer:
Journal Entries:
1) October 20, 2016:
Debit Retained Earnings with $84,564,000
Credit Dividend Payable with $84,564,000
Being $0.58 dividends payable on 145.8 million shares
2) December 2, 2016:
No journal entries are rquired. The most important is the closure of the shares register to ensure that shareholders of record at this date are only those entitled to receive the dividend payment.
3) December 20, 2016:
Debit Dividends Payable with $84,564,000
Credit Cash with $84,564,000
Being cash payment of dividend.
Explanation:
The dividend declared on October 20, 2016 is payable to shareholders of the outstanding shares of 145.8 million, which represent the issued shares. It is not calculated based on the number of authorized shares.
The company's stock par value of $2.50 is not a factor in calculating dividends.
I believe the answer is, <span>it is often more than 90% in academic analyses. Experiments need to be accurate as possible to prove a study or a theory. This serves as basis and support that can help other studies as well.
An experiment may vary in different settings that have different variables, it means that it can change.</span>
What's on the list? I need to know so I can answer :)
Answer:
Consider the following explanation
Explanation:
1. Option C.
Structural unemployment is a type of unemployment which occurs naturally when the economy shifts in time.
This forces certain job skills to become obsolete, due to which mismatch of skills and the jobs available in the economy.
Many workers are also laid off as their jobs no longer match their current skills.
2. Option D.
A laffer curve is a curve which shows a relationship between the taxes imposed within an economy and the tax revenues collected from the imposed taxes.
Above the optimal tax rate, a reduction in tax rates along the downward sloping portion of the laffer curve would increase the tax revenue's.
Answer:
a. 12%
b. 2% and 10%
Explanation:
a. The computation of the realized return is shown below:
= {(Ending share price - initial price) + Dividend} ÷ (Initial price) × 100
= {$1 + ($55 - $50)} ÷ $50
= 12%
b. The computation of the dividend yield and the capital gain is shown below:
Dividend yield
= (Dividend) ÷ (initial price) × 100
= $1 ÷ $50 × 100
= 2%
For capital gain yield:
= (Ending share price - initial price) ÷ (Initial price) × 100
= ($55 - $50) ÷ ($50) × 100
= $5 ÷ $50 × 100
= 10%
