Answer:
Multiple choices are as follows:
a) $333,000.
b) $407,000.
c) $74,000.
The correct option is A,$333,000
Explanation:
The stock dividend is to be valued at the market price at the date of declaration.
The declaration date is the date the company made known its intention to reward the stockholders with free stocks instead of a cash dividend,using the market price of stock at declaration date,the stock dividend is valued thus:
Stock dividend=number of stock dividend*market price
number of stock dividend is 37000 shares
market price is $9(market price at declaration date)
stock dividend=37,000*$9=$333,000
Answer:
Using the indirect method, an increase in accrued wages is not an adjustment to net income.
Explanation:
An increase in accounts receivable are subtracted from net income.
A decrease in a prepaid expense are added to net income.
A loss on equipment sold are added to net income.
An increase in accrued wages not consider. (Increase in the wages payable balance are added to net income)
An increase in plant, property and equipment.are subtracted from net income.
Answer:
Under the UCC 1-201(37) Mallon has a security enthusiasm for the generator it provided to Redford as a security under UCC 9-102(4(72)). The generator is insurance under UCC 9-102(a) (12) thus, long as Mallon documents has recorded its consummated security intrigue first under UCC 9-322(a) (1), it will have need in taking the guarantee from Garfield.
If Mallon's and Redford's liens were both idealized, at that point the first to record or claim the security has need under UCC 9-322(a)(1). Under UCC 9-322(a)(3), the first of un-perfected security interests to append has need.
A special case that Mallon should know about is under UCC 9-320(a), where in a purchaser (Garfield) of products in the customary course of the dealer's (Redford) business, the purchaser beats a secure about gathering's (Mallon) intrigue, regardless of whether idealized and regardless of whether the purchaser is aware of the security intrigue.
Answer:
The correct answer is fixed costs.
Explanation:
Fixed costs are the cost that is spent on fixed inputs. They do not vary with the level of output. For instance insurance, rent, etc. They do not change with the change in the quantity of product, unlike variable costs.
The variable costs are the cost incurred on variable inputs. They vary with the level of output produced.
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