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Oksana_A [137]
3 years ago
11

The entry to record the payment of a previously declared dividend of $2.00 per share on 21,500 shares of common stock includes a

? ________.
Business
1 answer:
vovikov84 [41]3 years ago
3 0
<span>The Company has dividend payable of $43,000 upon declaration of a cash dividend.  Below is the entry to record the payment of this dividend:
Debit: Dividend Payable $43,000.00
Credit: Cash on Hand / Cash in Bank $43,000.00
<em>To record payment of previously declared dividend.  </em>
</span>
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A standardized language used to manipulate data is
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The term____ refers to a market exchange that affects a third party who is outside or external to the exchange
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The term spillover refers to a market exchange that affects a third party who is outside or external to the exchange
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Different budgeting periods and explain each one
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5 0
3 years ago
MG Lighting had sales of 500 units at $100 per unit last year. The marketing manager projects a 15 percent decrease in unit volu
kakasveta [241]

Answer:

The answer is: Projected net sales for this year are $45,254

Explanation:

The current total sales for MG Lighting are $50,000 (= 500 units x $100 per unit).

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MG Lighting net sales for this year should be $45,254 (= 46,750 - $1,496)

6 0
3 years ago
A firm's WACC can be correctly used to discount the expected cash flows of a new project when that project will: Multiple Choice
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Answer:

...when that project will have the same level of risk as the firm's current operations

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Weighted average cost of capital (WACC) is the company's cost of capital based on its proportion of equity and debt used in its capital structure. It can be used as the discount rate for calculating the present value of future expected cashflows of a project if the project is determined to be of similar risk to the company's operations; meaning that the estimated beta of the project is the same as the beta of the firm.

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