1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
finlep [7]
3 years ago
14

A company declared a cash dividend of $8,560 on december 5, 2015. the company made a cash dividend payment on january 8, 2016. w

hat is the cumulative effect of the declaration and payment of the cash dividend on the company's financial statements?​
Business
1 answer:
vodka [1.7K]3 years ago
3 0
Provided that the company is using a calendar year in preparing their financial statements, the financial statements would be prepared at year end. Upon the declaration of the cash dividend, the company would be recognizing a liability. This would be considered as a non-adjusting event since it can be clearly concluded that the payment happened after the reporting period<span>. This would not affect the financial statements of the year 2015.</span>
You might be interested in
Research notes that 60 percent of employees say dealing with their boss is the most stressful part of their job. What type of pr
Dimas [21]

According to research, dealing with a boss is the hardest part of working for 60 percent of employees. The study of professional interactions is focused on superior-subordinate relationships.

<h3>Superior-subordinate relationships</h3>

On this topic, a great lot has been written and a great many investigations have been done. In earlier writing and study, first-line supervisors and their employees received a lot of attention. This chapter will primarily focus on the relationships between managers and people who are hired for their brains, also known as "knowledge workers," as well as between superior-subordinate relationships within the management structure. The goal of this chapter is to provide a quick overview of the issues surrounding the superior-subordinate relationship, to explore what research has found about them, and to discuss how the structure of the organization can influence how this relationship develops. It emphasizes interpersonal connections rather than the relationship between a supervisor and a group of subordinates.

Learn more about superior-subordinate relationship here:

brainly.com/question/14368766

#SPJ4

7 0
2 years ago
Efficiency is ________, while effectiveness is ________.
AnnyKZ [126]

Efficiency is the ability to produce the result with minimal utilization of resources to get maximum benefits, while effectiveness is the ability to produce a better result.

<h3>What is Efficiency?</h3>

Efficiency is the ability to work with the least usage of resources in the best possible manner, which means with the minimum usage of resources we get maximum benefits.

Thus, efficiency is the ability to produce the intended result in the best possible manner with the least waste of resources, time, and effort, while effectiveness is the ability to produce the best result that delivers more value or achieves a better outcome.

Learn more about Efficiency here:

brainly.com/question/13828557

#SPJ1

3 0
2 years ago
Select the correct answer from each drop-down menu.
choli [55]

Answer:

1st one: Raw data

2nd one: Financial planning

Explanation:

I saw another question where the OP gave the answer saying that they posted it for people so that they could answer it, and the answer was indeed correct. Thanks BanditCrusher06

Question: brainly.com/question/18519269

6 0
3 years ago
Suppose that the demand for money increases as people anticipate upcoming economic problems. to offset this increase in money de
devlian [24]
<span>The money supply should be increased. This will put downward pressure on nominal interest rates because there is more money circulating in the system. As more money is involved, there is less cost that goes along with holding the money, and the interest rate associated with it will fall.</span>
3 0
3 years ago
Which of the following is true of normal costing? a.Actual direct labor cost is traced to products, but estimated direct materia
KengaRu [80]

<u>C) </u><u>Actual direct materials and direct labor costs are traced to products, but estimated overhead costs are assigned using predetermined rates.</u>

<u />

<h3><u>What Are the Normal Costs?</u></h3>

The cost of a product is determined using standard costing. This method includes a standard overhead rate and actual direct costs applied to a product. It includes the actual cost of labor, materials, and a standard overhead rate that is calculated based on the product's actual consumption of the allocation base in question (such as direct labor hours or machine time).

You can prorate the difference between the cost of goods sold and inventory if there is a discrepancy between the standard overhead cost and the actual overhead cost, or you can charge the difference to the cost of goods sold (for lesser discrepancies).

<u />

Learn more about the costs of the product with the help of the given link:

brainly.com/question/15506611?referrer=searchResults

#SPJ4

7 0
1 year ago
Other questions:
  • Too much socializing in the workplace can
    11·2 answers
  • ​Kim's Retail had 800 units of inventory on hand at the end of the year. These were recorded at a cost of $ 13 each using the la
    5·1 answer
  • Given question three, what is the equilibrium quantity​
    8·1 answer
  • Fill in the missing information. Your broker faxed to you the following information about two semiannual coupon bonds that you a
    10·1 answer
  • Sunland Co. uses the retail inventory method. The following information is available for the current year. Cost Retail Beginning
    7·1 answer
  • 21. What are the benefits that may accrue to a community from busi
    13·1 answer
  • Help plzzzzzzzzzzzz! I need help with this
    6·2 answers
  • HELP
    10·1 answer
  • Define organization and explain three of the characteristics of organization. Give three examples of organizations, try to inclu
    11·1 answer
  • Subdivision regulations imposed by developers in an effort to maintain control of the development of the subdivision are an exam
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!