Answer:
The correct option is B, the part share of the profits or earnings of a company paid to each shareholder on the basis of the number of shares
Explanation:
The shareholders are paid dividends from the distributable profits of the company and distributable profits imply profits recorded after other providers of finance such as preferred shareholders and bond-holders have been paid dividends and interest on bonds respectively.
The dividends paid can be in cash or in shares.Paying dividends in cash is known cash dividends while paying in shares is called stock dividend.
It is imperative to pay dividends in form of shares if there are viable investment projects the company intends to invest with the cash that have otherwise be paid out as dividends.
Answer:
The materials and supplies in the planning budget for November
= $2,090 + $15 per vehicle
= $2,090 + $15 x 89 vehicles
= $2,090 + $1,335
= $3,425
The correct answer is D
Explanation:
The materials and supplies in the planning budget are comprised of a fixed cost of $2,090 plus a variable cost of $15 per vehicle. The number of vehicle budgeted for was 89 vehicles. Thus, the materials and supplies in the planning budget will be $2,090 plus $1,335 x 89 vehicles.
Answer:
Please see explanation
Explanation:
The transactions shall be recorded in the general ledger in the following way:
Debit Credit
Cash $13,000
Common stock $13,000
(Received $13,000 cash from the issue of common stock)
Accounts receivable $45,000
Revenue $45,000
(Performed services on account for $45,000)
Utility expense $1,100
Cash $1,100
(Paid the utility expense of $1,100)
Cash $33,000
Accounts receivable $33,000
(Collected $33,000 of the accounts receivable)
Salaries expense $6,250
Salaries payable $6,250
(Recorded $6,250 of accrued salaries at the end of the year)
Retained Earnings $1,000
Cash $1,000
(Paid a $1,000 cash dividend to the stockholders)
Answer and Explanation:
a. The net long term capital loss would be $7,000
And, the net short term capital gain would be $14,000 ($21,000 - $7,000)
So as a result the overall net short term capital gain is $7,000
b. Since there is a loss arise from the personal residence of $28,000 so the blank would be filled by the amount i.e. $28,000 and the rest of the things would be alright.
Answer:
to have part of the stock such as let’s say you had Walmart and you had some of the stock well you own part of the company and make money from it
Explanation:
