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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>
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Participation in sport keeps youths off the street and out of trouble. This is central to which explanation of the relationship
inn [45]

Complete/Correct Question:

Participation in sport keeps kids off the street and out of trouble. This is central to which explanation of the relationship between organized sport and delinquency?

a. labeling

b. economic strains

c. undifferentiated arousal

d. social bonding

e. differential association

Answer:

E, Differential association

Explanation:

Differential Association is a criminology term invented by Edwin Sutherland that shows how interaction between these people influence people to learn attitudes, values. characters, techniques as well as criminal behavior from each other.

To this effect, participation in sports brings youths together and as such changes their thoughts and are influenced to have discipline, ethics, etc which is an important aspect of sportsmanship. This influences helps to keep youths off the street and out of trouble subsequently.

Cheers.

7 0
3 years ago
Natalie makes $2000 per month she spends 100 on credit card payments what is her debt to income ratio
chubhunter [2.5K]
Monthly income = 2000 dollars
Debt to pay = 250 + 100 = 350 dollars
Let's find the ratio of debt to income.
=> 350 / 2000 = 0.175
=> 0.175 * 100 = 17.5 percent.
Thus 17.5% of his salary goes to his debts for credit card and auto loan.
5 0
3 years ago
Wall Street financial services firms and banks rewarded employees for developing "innovative" new financial investment vehicles
Nataly [62]

Answer:

Incentive plans

Explanation:

Incentive plans are strategies in which representatives of an association are kept persuaded for the work that they do, and are given motivators on coming to or achieving certain association objectives. The motivator plans can be for lower level workers, center administration and senior administration.  

It is the apparatus utilized by entrepreneurs to empower, perceive and reward uncommon execution in their workers.

6 0
3 years ago
Identify which of the following statements is correct as to why accounting is important. Multiple choice question. We live in an
ziro4ka [17]

Answer:

Accounting information identifies, records and communicates information about a business.

Explanation:

The accounting information identified the business records and communicate the business information to the insiders and outsiders also it does not have any effect on everyone except the stakeholders. In addition to this, it is not depend upon the valuation made for the stock market

So as per the given situation, the above statement should be correct

3 0
3 years ago
A rent ceiling is​ _______. A. a price floor in the housing market B. the opportunity cost of renting an apartment C. the mechan
GenaCL600 [577]

Answer:

D.

Explanation:

A rent ceiling is​ a government regulation that makes it illegal to charge a rent higher than a specified level. Meaning that the landlord of a building cannot charge a rent amount higher than the maximum price set forth by the rent ceiling. Landlords that violate this law are usually fined by the government as a consequence.

6 0
4 years ago
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