Answer:
900 shares
Explanation:
Given that
Dividend per share = 1.25
Number of shares owned = 720 shares
So, the earning made due to dividend would be
= Number of shares owned × Dividend per share
= 720 shares × 1.25 per share
= 900 shares
We simply multiplied the number of shares with the dividend per share so that the correct value could come
Answer:
1. Debit Accounts recievable $10,600
Credit Allowance for uncollectable amounts $10,600.
2. Debit Cash $10,600
Credit Accounts receivable $10,600
Explanation:
Preparation of the journal entries to Record the cash collection on September 9.
Based on the information given the appropriate journal entries to Record the cash collection on September 9 will be:
September 9
1. Debit Accounts recievable $10,600
Credit Allowance for uncollectable amounts $10,600
2. Debit Cash $10,600
Credit Accounts receivable $10,600
Answer:
Option (D) is correct.
Explanation:
Overhead rate = Budgeted overhead ÷ budgeted direct labor hour
= $300,000 ÷ 30,000
Overhead rate = $10 per labor hour
Overhead applied:
= Overhead rate × Actual direct labor hours worked
= $10 per labor hour × 36,000
= $360,000
Therefore, the amount of overhead applied for the year is $360,000.
Answer:
A. True.
Explanation:
Making a comparison among countries of GDP per capita and Ireland and Singapore show higher values than the United Kingdom and France and this is because these two countries have experienced long periods of rapid growth with ratas higher than growth population. The United Kingdom and France, as mature economies economically growth also, but at a lower rate