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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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n​ mid-2017, an article in the Wall Street Journal noted​ that: ​"The Federal​ Reserve's interest-rate increases​ aren't having
telo118 [61]

Answer:

No

Explanation:

When Congress enacted the Federal Reserve Act in 1913, they stated the FED's mandates:

  1. promote maximum employment
  2. promote stable price

The FED's main objective is to conduct monetary policy in order to stabilize the economy and promote economic growth.

By stabilizing the economy the FED will lower inflation rate, therefore stabilizing prices. When the FED promotes economic growth, the unemployment rate should decrease, hopefully reaching a full employment.

7 0
3 years ago
What are the costs of “freebie” items?
Oliga [24]

Answer:

The costs of a “freebie” item includes resources to make, a person's labor, and the cost to the store to offer it to us as free.

Explanation:

3 0
3 years ago
Kijijo Auctions runs an online auction company. Its end-of-year financial statements indicate the following results. Total asset
katrin [286]

Answer:

40%

Explanation:

Total assets. $240,000

Less total liabilities ($130,000)

$110,000

Less common stock ($24,000)

Retained earnings at end $86,0000

Less Retained earnings at the beginning ($29,000)

Addition to retained earnings $57,000

Add dividends $6,400

Net profit earned $63,400

Add expenses $94,000

Revenue. $157,400

Therefore, company's net profit margin expressed as a percentage = Net profit earned / Revenue

= (63,400/157,400) × 100

= 40%

6 0
3 years ago
A weekly report for new agents at a vacation sales company is shown in the histogram. A histogram titled Vacation Packages has n
Natalija [7]

Answer:

6 salespersons

Explanation:

A histogram shows the graphical representation of the distribution of numerical data using bars of different lengths.

From the histogram:

The number of salespersons who sold 11 - 12 packages = 1

The number of salespersons who sold 13 - 14 packages = 2

The number of salespersons who sold 15 - 16 packages = 3

Therefore the new agents who sold more than 10 vacation packages = 1 + 2 + 3 = 6 salespersons

5 0
3 years ago
Read 2 more answers
How will an increase in the percentage of older Americans affect the healthcare field? 1.There will be far fewer qualified worke
Troyanec [42]
I think it's 3 (The healthcare field will create new jobs because more people will need care)



I hope it helped you!
7 0
3 years ago
Read 2 more answers
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