Which type of cable is required by ata/66 and above?

Mustang Corporation had 100,000 shares of $2 par value common stock outstanding. On December 31, 2018, the company's board of di

Kay [80]

Answer:

The following journal entries are required on declaration date:

Dr Retained earnings ($10*20000) $200,000

Cr Common stock distributable dividend($2*20000) $40000

Cr Paid=in share capital in excess of par value of $2 $160000

While on distribution date the entries required are:

Dr Common stock distributable dividend $40000

Cr Common stock $40000

Explanation:

First of all, the stock dividend of 20% translates to 20000 shares (100000 shares *20%)

At the declaration date the following entries are required:

Dr Retained earnings ($10*20000) $200,000

Cr Common stock distributable dividend($2*20000) $40000

Cr Paid-in share capital in excess of par value of $2

($10-$2=$8*20000 shares) $160000

Upon distribution of the stock dividend, the stock dividend in dividends distributable account needs to be reclassified to common stock account as follows

Dr Common stock distributable dividend $40000

Cr Common stock $40000

8 0

3 years ago

What is most often the cause for a change in career or lifestyle?

Margaret [11]

Answer:

Adjustment, is the right answer.

Explanation:

Adjustment is the reason that changes the career or lifestyle. For example, a girl who is working, if she gets married then there are chances that she will continue her professional life but after getting pregnant she has to adjust herself to not go outside. She will avoid going to the office, shopping malls, shopping, etc. Therefore, she has adjusted herself with the situation that changes her carrier (working professional) and her lifestyle.

4 0

2 years ago

Levelor Company's flexible budget shows $10,750 of overhead at 75% of capacity, which was the operating level achieved during Ma

zhannawk [14.2K]

Answer:

The controllable variance for the month was $1,709 unfavorable

Explanation:

Controllable variance: The controllable variance show a difference between actual overhead expenses incurred and budgeting operating level based on direct labor hour.

In mathematically,

Controllable variance = Actual overhead expenses - budgeting operating level based on direct labor hour

where,

Actual overhead expenses = $11,227

And, budgeted operating level based on direct labor hour

= budgeted operating level × direct labor per hour

= 6,160 × $2.10

= $12,936

Now, put these values on the above formula:

So,

Controllable variance = $11,227 - $12,936 = $1,709 unfavorable

Hence, the controllable variance for the month was $1,709 unfavorable

6 0

3 years ago

You work for an automotive parts distributor based in Ohio that is expanding operations in China. Management and operations empl

yKpoI14uk [10]

Answer:

b) Heightened global competition

Explanation:

Since in the question it is mentioned that working as a distributor of an automative part i.e. based on the Ohia diversifies its business operations in China. Also the employees and the management are working with this division and taking the classes on the chinese culture and their customs in order to feel comfortable

So this scenario represents that the global competition is on the peak

Therefore the option b is correct

3 0

2 years ago

When Men's Wearhouse fired a salesperson who wasn't sharing walk-in customer traffic, and total clothing sales volume among all

Reika [66]

When Men's Wearhouse fired a salesperson who wasn't sharing walk-in customer traffic, and total clothing sales volume among all salespeople increased significantly, the company reduced destructive internal competition.

<h3>What is a destructive competition?</h3>

Multiple producers being driven out of the market by competition.
When there are numerous manufacturers of a good, prices are frequently driven down to the point that nobody makes a profit, which is when destructive competition takes place.

<h3>What do you mean by internal competition?</h3>

The aforementioned components are the foundation of our concept of internal competition, which is senior management-sanctioned duplication or overlap of activity within the firm's boundaries in an effort to resolve market or technology uncertainties.

<h3>Is competition is constructive or destructive?</h3>

However, competition can really be divided into two types: healthy competition and unhealthy competition.
Two competitors may work better together or may just cause mutual stress, similar to waves crashing into one another to create a larger wave.

Learn more about destructive internal competition here:

brainly.com/question/27911918

#SPJ4

3 0

1 year ago