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snow_lady [41]
3 years ago
14

Albert Co. acquired 4,000 shares of Nolan, Inc., common stock on October 20, Year 2, for $66,000. On November 30, Year 4, Nolan

distributed a 10% common stock dividend when the market price of the stock was $25 per share. On December 20, Year 4, Albert sold 400 shares of its Nolan stock for $10,600. For the year ended December 31, Year 4, how much should Albert report as dividend revenue
Business
1 answer:
Naya [18.7K]3 years ago
4 0

Answer:

$10,000

Explanation:

Albert has 4,000 stocks and Nolan distributed a 10% common stock dividend on November 30, that means that Albert received 400 common stocks as dividend payments.

To calculate the amount that Albert must report as dividend income, we must multiply the total amount of common stocks received as dividend payment times the market price of the stocks at November 30 = 400 shares x $25 per share = $10,000

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Machinery was purchased for $500000 on January 1, 2022. Freight charges amounted to $13000 and there was a cost of $32000 for bu
lakkis [162]

Answer:

$247,500

Explanation:

For computing the accumulated depreciation at December 31, 2023 first we need to determine the depreciation expense using the straight line method which is shown below:

= (Original cost - residual value) ÷ (useful life)

where,

Original cost is

= $500,000 + $13,000 + $32,000

= $545,000

So, the depreciation expense is

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= ($495,000) ÷ (4 years)  

= $123,750

In this method, the depreciation is same for all the remaining useful life

So the accumulated depreciation is

= $123,750 × 2 years

= $247,500

The two years is from  January 1, 2022 to  December 31, 2023

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3 years ago
2. Describe three things that you think are important for a company to include in its personnel policies. (1-3 sentences. 1.5 po
gogolik [260]

<u>Explanation:</u>

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3.Standard on-boarding policies have to be adopted by the employees to make sure the documentation of new hires are done correctly. The background verification and other personal details of the recruits should be done correctly.

4 0
3 years ago
If a policy change causes a pareto improvement, is the outcome necessarily pareto efficient? if a policy change causes a pareto
motikmotik

If a policy change causes a Pareto improvement, is the outcome necessarily Pareto efficient if a policy change causes a Pareto improvement, then the outcome is not necessarily Pareto efficient this is because another change in the policy could cause another Pareto improvement.

A Pareto development is a development of a device whilst an alternative in the allocation of goods harms no person and advantages as a minimum one character. Pareto enhancements also are called "no-brainers" and are generally predicted to be rare, due to the plain and effective incentive to make any available Pareto development.

Factors that lie within the PPF display an inefficient or below-usage of resources – this is Pareto inefficient. A Pareto development way that output of both products can increase as we move from inside the PPF to factors at the PPF boundary.

Learn more about Pareto  here:

brainly.com/question/7304310

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1 year ago
5.ABC Company is planning to market a new model of product X. The management
Vladimir [108]

Answer:

Que

Explanation:

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3 years ago
How is granite made i will give brainliest if right ?
IRINA_888 [86]

Answer:

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