Answer:
$89.41
Explanation:
Data provided in the question:
Dividend declared = $6.30 per share
Tax rate = 20%
Selling price of the stock = $94.45
Now,
Aftertax dividend = Dividend × ( 1 - Tax rate )
= $6.30 × ( 1 - 0.20 )
= $5.04
Thus,
Ex-dividend price = Selling price - Aftertax dividend
or
Ex-dividend price = $94.45 - $5.04
or
Ex-dividend price = $89.41
Transactional leadership
Transactional leadership is a
leadership style that deals with the function of supervision, organization, and
employee’s performance to achieve high job performance. Leaders who carryout this
style focuses on specific tasks and use rewards and punishments to motivate followers.
When researching your prospective business you should focus on your product and target customers.
Answer:
a. The Debit column is correctly stated.
b. The Credit column is understated by $17,300 ($8,650 * 2).
c. The Automobiles account balance is correctly stated in the trial balance.
d. The Accounts Payable account balance is understated in the trial balance by $17,300 ($8,650 * 2).
e. If the Debit column total of the trial balance is $200,000 before correcting the error, the total of the Credit column before correction is $182,700.
Explanation:
This mistake is an Error of Commission. It is a problem of arithmetical accuracy, for example, posting to the wrong side of one ledger account. In this case, the Accounts Payable should have been credited with the amount of $8,650. As an arithmetic error, it can only be corrected by doubling the affected amount on the Credit side of the Accounts Payable account.
