Answer and Explanation:
The Journal Entry is shown below:-
Mar-01
Cash dividends Dr, $98,250
(131,000 × $0.75)
To Dividends payable Dr, $98,250
(Being declaration of dividends is recorded)
Mar-10
No entry required
Mar-31
Dividends payable Dr, $98,250
To Cash $98,250
(To record payment of dividends)
<span>So the total ratio amounts to 3,2,1 which add up to 8. At liquidation the total capital amounts to 178,000 - 124,000 = $56,000. Initially Nettle's share amounts to 3/6 * 56,000 = $28,000. Nettles doesn't receive anything. He still owes $48,000 - 28,000 = $20,000 while King receives 2/6 * $56,000 = $18, 667 and Tanaka 3/6 * $56,0000 = $28,000</span>
The purchasing function helps to gain competitive advantages by reducing costs associated with the value chain, increasing efficiency and total quality.
<h3 /><h3>What is a Strategic Sourcing Plan?</h3>
It corresponds to an approach of aligning the organizational purchasing strategy to the objectives stipulated by the planning, helping in the management of the supply chain for greater effectiveness in the use of information associated with purchases.
Therefore, a sourcing plan will help to reduce purchasing costs, speed up deliveries and choose the ideal suppliers for the business.
Find out more about supply chain here:
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Answer:
<u>The correct answer is D. US$ 1,750.</u>
Explanation:
The data we have is the following:
Anne's employer matches 25% of her contributions up to US$ 2,000
She contributed to her 401(k) plan with US$ 7,000 last year
Therefore, her employer contribution is calculated this way:
Employer contribution = Anne's contribution * 0.25 (up to US$ 2,000)
Employer contribution = 7,000 * 0.25
Employer contribution = US$ 1,750 (below the limit of US$ 2,000
<u>Anne's employer contribution last year to her 401(k) was US$ 1,750</u>
These actions support the notion of capitalism, an example of <u>"non-material culture".</u>
Non‐material culture alludes to the nonphysical thoughts that individuals have about their way of life, including convictions, values, rules, standards, ethics, dialect, associations, and foundations. For example, the non‐material social idea of religion comprises of an arrangement of thoughts and convictions about God, love, ethics, and morals. These convictions, at that point, decide how the way of life reacts to its religious subjects, issues, and occasions.