The answer is: <span>Jan. 7. Paid cash dividends of $0.18 per share on the common stock. The dividend had been properly recorded when declared on Nov 30 of the preceding fiscal year for $66,600. </span> <span>Dr Common Dividends Payable 66,000 </span> <span>Cr Cash 66,000 </span>
<span>Feb. 9. Issued 50,000 shares of common stock for $600,000 </span> <span>Dr Cash 600,000 </span> <span>Cr Common Stock 400,000 (50,000 x $8 par value) </span> <span>Cr Additional Paid-In Capital 200,000 </span>
<span>May 21. Sold all of the treasury stock for $300,000 </span> <span>Dr Cash 300,000 </span> <span>Cr Common (Treasury) Stock 240,000 </span> <span>Cr Additional Paid-In Capital 60,000 </span>
<span>July 1. Declared a 4% stock dividend on common stock, to be capitalized at the market price of the stock, which is $13 per share. </span> <span>400,000 - 30,000 + 50,000 + 30,000 = 450,000 shares outstanding </span> <span>Dr Stock Dividends 234,000 (450,000 x 4% x $13 market price) </span> <span>Cr Stock Dividends Distributable 144,000 (450,000 x 4% x 8 par value) </span> <span>Cr Additional Paid-In Capital 90,000 (450,000 x 4% x 5 excess of par value) </span>
<span>Aug. 15. Issued the certificates for the dividend declared on July 1 </span> <span>Dr Stock Dividends Distributable 144,000 </span> <span>Cr Common Stock 144,000 </span>
<span>Sept. 30. Purchased 10,000 shares of treasury stock for $100,000. </span> <span>Dr Common (Treasury) Stock 100,000 </span> <span>Cr Cash 100,000 </span>
<span>Dec 27. Declared a $0.20-per-share dividend on common stock </span> <span>400,000 - 30,000 + 50,000 + 30,000 +18,000 - 10,000 = 458,000 shares now outstanding </span> <span>Dr Cash Dividends 91,600 (458,000 x $0.20) </span> <span>Cr Common Dividends Payable 91,600 </span>
<span>31. Closed the credit balance of the income summary account, $485,000. </span> <span>Dr Income Summary 485,000 </span> <span>Cr Retained Earnings 485,000 </span>
<span>31. Closed the two dividends accounts to Retained Earnings. </span> <span>Dr Retained Earnings 234,000 </span> <span>Cr Stock Dividends 234,000 </span>
Aggregate income would increase for households. They would have a rise in output.
<h3> taxes on households are decreased</h3>
When the taxes are decreased, the households would have a rise in their purchasing power. Their output would go up form q to q2.
<h3> taxes paid by firms are decreased</h3>
The cost of the firms production is going to fall. The firm would then be able to raise their production hence increasing their supply. Output would rise and price level would fall.
<h3>the value of the national currency, the snezhankan lev, declines in the international currency market?</h3>
If the value of the currency should fall, then it would cause the demand for foreign goods to rise then there would be a new equilibrium in the market.
<h3> a revolutionary new machine, the apparat, increases worker productivity</h3>
An increase in productivity would raise supply for the producer hence bringing about a new rise in the price level.
Read more on aggregate demand and aggregate supply here:
The correct answer that would best complete the given statement above would be OPENNESS TO CHANGE. Stimulation is in the openness to change part of the Schwart'z model. Other choices of this given question which you might have missed include conservation, self-enhancement and self-transcendence. Hope this answer helps.
The
statement "Because Olympic bid committees in the united states have
refused to bribe officials from the international Olympic committee, U.S.
cities have seldom been chosen to host the games,” is a False statement. The
answer to the given statement is False.
