Answer:
b. Dividends and a credit to Dividends Payable for $824,000
Explanation:
Dividends payable = 2,060,000 shares * $0.40 per share = $824,000
Journal entry on February 16
Dividends $824,000
Dividends payable $824,000
Answer:
an increase in equilibrium price and an indeterminate effect on equilibrium quantity.
Explanation:
An inferior good is a good whose demand increases when income falls and reduces when income rises.
If ramen is an inferior good, when income falls its demand would increase. This would lead to a rise in quantity and price.
An increase in the price of wheat would increase the cost of production of ramen. As a result, the supply of ramen would fall. Price would increase and supply would fall.
The combined effect would be an increase in equilibrium price but an indeterminate effect on equilibrium quantity.
I hope my answer helps you
<span>What does the project management office do?
Answer:</span>
<span>A project management office,(PMO) is a group or department within a business, agency or enterprise that defines and maintains standards for project management within the organization. </span>
It should be noted that Researchers assess the value of a project by comparing the benefits of answering some of their questions as well as the cost associated with conducting the research.
<h3>What is a project?</h3>
A project can be regarded as an undertaking which is been carried out collaboratively and entail research or design, that is carefully planned to achieve a goal.
It is necessary for a Researchers to assess the value of a project by comparing the benefits of answering some of their questions .
Learn more about a project at;
brainly.com/question/4771644
