Answer:
Debit Retained Earnings $12,000; credit Common Dividend Payable $12,000.
Explanation:
A cash dividend is the amount attributable to the common stockholders based on the company's performance. It is synonymous to their profit from common stock.
The cash dividend declared of $1.00 per share on its 12,000 common shares outstanding translated to $12,000 ($1.00 x 12,000 units). As at the time the company's board of directors voted to declare this cash dividend, an accrual has to be recorded in the books. And to achieve that, the above entries have to be recorded.
However, at the point of payment to the common stockholders, we have to <em>debit Common Dividend Payable and credit Cash.</em>
In order to improve Marco's cardiorespiratory fitness, he must engage in activities that will likely improve it. The cardiorespiratory fitness enables the body's respiratory and circulatory system to improve and to be able to gain energy and fuel. The best activity that will suit Marco to exercise this type of fitness is to bicycling for at least three to four times in a week. This will improve his circulatory and respiratory system.
Answer:
- ,000 new apartments will make the equilibrium price = $1,500
- 10,000 new apartments will make the equilibrium price = $1,000
- 15,000 new apartments will make the equilibrium price = $500
Explanation:
<u>Rent</u> <u>Demand</u> <u>Supply</u>
2,500.00 10000 15000
2,000.00 12500 12500
1,500.00 15000 10000
1,000.00 17500 7500
500.00 20000 5000
The equilibrium quantity is 12,500 apartments with a $2,000 rent per month. If the government wants to lower the equilibrium rent price by increasing the supply of apartments, then it must build:
- 5,000 new apartments will make the equilibrium price = $1,500
- 10,000 new apartments will make the equilibrium price = $1,000
- 15,000 new apartments will make the equilibrium price = $500
Answer:
Tater and Pepper Corp
computation of EBIT
$million
Free cash flow 51.1
Add: Tax 25.3
Investment in operating Capital 34.1 <u>59.4</u>
110.5
less: Depreciation expenses <u> 14.8</u>
EBIT <u>95.7 </u>
Explanation:
The correct option is C. Stocks offer a potentially large return on investment which is an advantage of investing in stocks.
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What is the need to invest in stocks?</h3>
Stocks can be the most valuable part of your investment portfolio. Owning stocks in different firms can help you build your savings, protect your money from inflation and taxes, and maximize the income from your investments.
Thus, investing in stocks helps you to build your savings, protect your money from inflation and taxes, and maximize the income from your investments. So, stocks offer a potentially large return on investment.
Learn more about Investing in stocks here:
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