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3 years ago

Why does a stock dividend require a formal journal entry in the financial accounting records when a stock split does not?

1 answer:

4 0

A stock split will not change the general ledger account balances and ... equity remains the same, astock dividend requires a journal entry to transfer an amount ...

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What strategies should a direct response message use? Check all that apply.

sdas [7]

Answer:

The correct answer is letter "A", "B", "C", and "D".

Explanation:

Direct response messaging aims to provide customers with a clear response to a claim or concern they have. First, the letter is replied with the same subject of the previous correspondence to demonstrate the case is being followed. Then, all relevant information is provided at the beginning of the letter. The questions or doubts of the customer must be answered in the order asked. If necessary, graphics can be used to help customers understand easier. Finally, the letter must have a forward-looking statement in the closing showing willingness to provide further help if needed.

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3 years ago

A company's relevant range of production is 10,000 to 15,000 units. When it produces and sells 12,000 units, its unit costs are

DENIUS [597]

Answer:

Total indirect manufacturing cost= $75,450

Explanation:

Giving the following information:

12,000 units:

Variable manufacturing overhead $ 1.50

Fixed manufacturing overhead $ 5.00

First, we need to calculate the total fixed manufacturing overhead:

Total fixed overhead= 5*12,000= $60,000

Now, for 10,300 units:

Total indirect manufacturing cost= 60,000 + 10,300*1.5

Total indirect manufacturing cost= $75,450

7 0

3 years ago

In the private purchase of a used car, __________ places the burden on the buyer to make sure the car is worth the price, so it

Doss [256]

Answer:

Caveat emptor is the correct answer.

Explanation:

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2 years ago

Republic Resorts owns numerous hotels on each of the Hawaiian Islands. The company's performance reporting system is structured

iris [78.8K]

Answer:

The best depiction of the information level given to a department manager versus that reported to a company vice-president is:

Department Manager Company Vice-President

B. Somewhat detailed Somewhat summarized

Explanation:

At the operational level of the organization, the information requirement is for detailed data to help the department manager act on operational decisions. At the tactical level where the vice-president operates, the information requirement is for data that is somewhat summarized but not too detailed. The highest level of the organizational hierarchy is the strategic level, where information requirement concentrates on detailed reports and not detailed data but highly summarized data.

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3 years ago

The movement and storage of materials into a firm refers to:

Alexus [3.1K]

The movement of storage of materials into a firm is material management. This is a technique that concerns itself with organizing, planning, and controlling how and what materials flow from the time they are originally purchased until they reach their destination.

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3 years ago