Explanation:
You will have to compare the Accounts payable of the <em>current and previous year,</em> and check the diference.
If the current year Account Payable is higher then the previous year, this means Google didn't pay as much, so it "save" cash for that diference so the diference will be positive.
If the opposite ocours, then Google pay more than previous year, so the diference will be posted as negatinve in the cash flow statment.
Accrued Expenses for this account, when doing the comparrison, if current is higher this means Google didn't pay as much expenses as it should be, so it save cash, the diference will be posted as positive.
If the actual is smaller, then Google pay more and the diference is posted as negtive.
Resuming, compare current with previous for each account,
- when current is higher then adjustment is positive (save cash)
- when previous is higher then adjustment is negative(use cash)
Answer and Explanation:
The journal entry to record the given transaction is as follows
Retained earning Dr (0.30 million × $54) $16.2 million
To Common stock (0.30 million × $1) $0.3 million
To Additional paid in capital in excess of par (0.30 million × $53) $15.9 million
(Being the stock dividend is declared)
The computation of the shares after declaring the dividend is
= 30 million × 1%
= 0.30 million
The measure of a product, service, or company's profitability is its profit margin. The bigger the percentage representing the profit margin, the more profitable the company is.
Profitability is gauged by profit margin. Finding the profit as a proportion of revenue is used to calculate it.
Profit margin=44.9%
Explanation to the answer:
Profit margin =Net income / sales
=7,050,000 / $ 15,700,000
=0.44904
=44.9%
Profit margin =44.9%
Learn more about profit margin here brainly.com/question/24161087
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