How do you create your own bank account?

Most economists say a little inflation is healthy for an economy.

sesenic [268]

Answer:

Yes.

Explanation:

5 0

4 years ago

Gault Corporation had the following shares of stock outstanding on December 31, 2018: Common stock, $50 par value, 200,000 share

Tcecarenko [31]

Answer:

Dividends paid to preference and ordinary shareholders are

$480,000 and $120,000 respectively

Explanation:

Common stock holders are the real risk bearers as they receive as dividends the residual amount after all other claims have been settled.

Preference shares entitles the holders to participate in a fixed dividend out of the profit made by the company. The divide is always a fixed percentage of the nominal value of the preference shares

Cumulative preference shares: Cumulative simply implies that should the company misses the payment of dividend in a particular year such unpaid dividend would be carried carried forward and paid in arrears in the following year/

Non-cumulative is the exact opposite of the case . Here, unpaid dividends are not paid in arrears in fact such are forfeited for life.

Preference dividends

2016 - 8% × $100 × 20,000= $160,000

2017 - 8% × $100 × 20,000 = $160,000

2018 - 8% × $100 × 20,000 = $160,00

Total paid in 2018 480,000

Dividends paid to common stock = $600,000 -480000

= $120,000

Dividend paid to preference and ordinary shreholders are

$480,000 and $120,000 respectively

6 0

3 years ago

Bears Inc. sells football helmets to local schools and warrants all of its products for one year. While no helmets sold in 2018

Serggg [28]

A. A decrease in assets and decrease in Stockholders' equity.

B. No journal entry in necessary until products under warranty are returned.

C. An increase in stockholders' equity and a decrease in liabilities.

D. A decrease in stockholders' equity and an increase in liabilities.

Answer: D. A decrease in stockholders' equity and an increase in liabilities.

Explanation: Liability can simply be described as debt or what is owed by a firm, whereas the equity of the stockholders refers to assets or possession of a firm once liabilities have been deducted. In the scenario above, the expected returns have not been made as envisaged based on data from previous years, the 3% expected return which is covered by warranty will be added to liability which means liability increases as the buyers are either refunded or issued new helmets. Once liability increases, stockholders equity will also decrease as it involves the deduction of liabilities.

3 0

4 years ago

A plan to enter a career is an example of a (an)

Anastasy [175]

Career plan? Action plan? I'm not sure.

5 0

4 years ago

On Wake Tech’s Blackboard login page, you will find a link to Blackboard’s Browser Compatibility Chart, which can be used to det

prohojiy [21]

Answer:

The correct answer is True.

Explanation:

Blackboard: is a software company based in Washington, DC, USA. UU. Founded in 1997, Blackboard was formed as a consulting firm with a contract with the non-profit organization IMS Global Learning Consortium. In 1998, Blackboard LLC merged with CourseInfo LLC, a small company that provides course management programs originally from Cornell University. The new company became known as Blackboard Inc. The first line of online learning products (e-learning) was called Blackboard Courseinfo, but then the name Courseinfo was discontinued in 2000. Blackboard became a company with shares to the public in June 2004. In October 2005, Blackboard announced plans to merge with WebCT, a rival company of online learning programs. The merger was completed on February 28, 2006, the resulting company retained the name of Blackboard, led by Blackboard President and CEO Michael Chasen.

As of 2005, Blackboard developed and licensed applications of business programs and related services to more than 2,200 educational institutions in more than 60 countries. These institutions use the Blackboard program to manage online learning (e-learning), transaction processing, e-commerce (e-commerce), and online (online) community management.

4 0

3 years ago