Answer:
<u>December 31, 2018</u>
Debit : Dividend $40,000
Credit : Shareholders for dividends $40,000
Explanation:
When dividends are declared, we Debit an Equity Element - Dividend and Credit the Liability - Shareholders for dividends.
Calculation of this dividend is made on the stockholders in existence at the on a stated date (January 15 in this case) and at par value ($2) as follows :
Dividend = 100,000 x $2.00 x $0.20 = $40,000
When selecting a media vehicle, a media planner calculates the total cost of using a particular medium at the cost per thousand persons reached. Option A
This is further explained below.
<h3>What is
the total cost?</h3>
Generally, When discussing economics, the phrase "total cost" refers to the least amount of money spent on creating a certain amount of product.
In conclusion, A media planner will determine the entire cost of utilizing a given medium by calculating the cost per thousand people reached prior to making a decision on which media vehicle to use. Alternative A
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complete question
When selecting a media vehicle, the media planner looks both at the total cost of using a medium and at the ________.
A) cost per thousand persons reached
B) cost of premium offers
C) cost of the magazine it is using
D) profit margin
E) continuity cost
Answer:
nope but thanks for asking
Explanation:
Answer:
β of the stock = 1
Explanation:
Given:
α of a stock = 0%
Return on the market index = 16%
Risk-free rate of return = 5%
Required rate = 11% + 5% = 16%
β of the stock = ?
Computation of β of the stock:
Required rate = Risk-free rate of return + [β (Return on the market index - Risk-free rate of return)]
16% = 5% + [β (16% - 5%)]
16% - 5% = β (16% - 5%)
11% = [β (16% - 5%)
11% = [β (11%)
β of the stock = 1
Answer:
Prepare the year-end closing entries.
Explanation:
d Sales revenue 841310
d Interest revenue 14260
c Cost of goods 531407
c administrative expense 181980
c Income tax expense 37617
c Retaining earnings 104566
Retaining earnings 18198
Dividens payable 18198
