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3 years ago

Dividends cause a(n) ____ in equity and are recorded directly in the _ account.

Business

1 answer:

earnstyle [38]3 years ago

3 0

Answer:

Dividends cause a decrease in the equity account and are recorded directly in the dividend account.

Explanation:

When dividends are paid out, owners equity decreases as dividends are paid out of retained earnings and after the dividends have been paid the share holders are left with less equity. Also they are directly recorded in the dividend account.

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If Ed=2 and price decreases by 1%, by what percentage and in what direction will quantity demanded change?

Arte-miy333 [17]

Given:

Elasticity of Demand = 2

Decrease in price = 1%

To find:

Change in quantity demanded

Solution:

The percentage change in quantity demanded is the mathematical product of the percentage change in price and elasticity of demand. This can be mathematically represented as,

$\% \text{ change in quantity demanded }=\% \text{ change in price }\times\text{Elasticity of demand }\\\\ \Rightarrow \% \text{ change in quantity demanded }=1\times2\rightarrow 2\%$

Since, there is a decrease in price, the demand for the product will increase. Therefore, we can conclude that there will be 2% increase in quantity demanded

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3 years ago

Shortly after recording street survivors, this group was involved in a fatal plane crash:

KengaRu [80]

Street Survivors was the fifth studio album of the rock group Lynyrd Skynyrd, recorded in 1977. In October of that year, a small plain carrying members of the band as well as managers and support personell, crashed near Gillsberg, Mississippi. Lead Vocalist Ronnie Van Zant, guitarist Steve Gaines, and backup vocalist Cassie Gaines were among the six killed.

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4 years ago

Fill in the gaps using second conditional. /2

zavuch27 [327]

Answer:

knew

were

had

understood

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3 years ago

The Havard Heating Company has been very successful in the past four years. Over these years, it paid common stock dividend of $

Snowcat [4.5K]

Answer:

$102.34

Explanation:

to be able to use the Gordon growth model, we must first determine the growth rate:

(4.15 - 4) / 4 = 3.75%

(4.35 - 4.15) / 4.15 = 4.82%

(4.58 - 4.35) / 4.35 = 5.29%

we can assume that the company will expect the growth rate to be 5.29%

stock price = (dividend + growth rate) / (required rate of return - growth rate)

= ($4.58 x 1.0529) / (10% - 5.29%) = $4.82 / 4.71% = $102.34

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4 years ago

The accounts of Melissa Manufacturing showed the following balances at the beginning of December: Account Debit Raw Materials In

maw [93]

Answer:

$120,000

Explanation:

Calculation to determine What should be the balance in the Work-in-Process Inventory following these transactions

Beginning balance in WIP $75,000

Add: Direct materials transferred $39,000

Direct factory labor cost $6,000

Ending balance $120,000

($75,000+$39,000+$6,000)

Therefore What should be the balance in the Work-in-Process Inventory following these transactions is $120,000

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3 years ago

Dividends cause a(n) __________ in equity and are recorded directly in the _______ account.

Dividends cause a(n) ____ in equity and are recorded directly in the _ account.