What is a dividend in business?

Carr Corporation has provided the following information for its most recent month of operation: sales $8,200; beginning inventor

Novay_Z [31]

Answer:

$3,900

Explanation:

The computation of the inventory purchase is shown below:

As we know that

Sales - gross profit = Cost of goods sold

$8,200 - $5,300 = Cost of goods sold

So, the cost of goods sold is $2,900

Now the cost of goods sold is

Cost of goods sold = Opening stock + purchase made - ending stock

$2,900 = $1,100 + purchase made - $2,100

$2,900 = -$1,000 + purchase made

So, the purchase made is

= $2,900 + $1,000

= $3,900

8 0

3 years ago

On January 1, Pharoah Company had 87000 shares of $10 par value common stock outstanding. On May 7, the company declared a 5% st

svet-max [94.6K]

Answer: credit to Common Stock Dividends Distributable for $43500

Explanation:

Based on the information given in the question, the entry to record the transaction of May 24 goes thus:

Debit Stock Dividend = 87000 × 5% × $16 = $69600

Credit To Common Stock Dividend Distributable = 87000 × 5% × $10 = $43500

Credit To Paid in capital in excess of Par - Common Stock = $69600 - $43500 = $26100

3 0

3 years ago

You are trying to pick the least-expensive car for your new delivery service. You have two choices: the Scion xA, which will cos

PilotLPTM [1.2K]

Answer:

EAC of Scion xA= 12,429.24

EAC of Toyota = $11,922.02

The Toyota should selected because it has a lower EAC

Explanation:

Equivalent Annual cost = PV of cost/Annuity factor

<em>Scion xA</em>

PV of OCF= A × (1- (1+r)^(-n)/n

= 2,900 × (1 -(1.13)^(-3))/0.13=6847.342534

PV of total cost = 22,500 + 6847.34 = 29,347.34253

EAC = 29,347.34/ 2.361152598= 12429.24433

EAC = 12429.24

<em>EAC Toyota</em>

PV of OCF = 1500×(1 -(1.13)^(-4))/0.13= 4461.706988

PV of total cost = 31,000 + 4461.7069= 35,461.70699

EAC = 35,461.706/ 2.9744 = 11,922.02

EAC = $11,922.02

EAC of Scion xA= 12429.24

EAC of Toyota = $11,922.02

4 0

4 years ago

Let illustrate what you you know about materiality concept.

guapka [62]

Answer:

rfb rgab rko

its a study meeting of girls i am also girl here we only study boy were not allowed because he disturb here we only study its safe meeting of girl here we only study

5 0

3 years ago

Using Examples from developing countries explain the term unemployment and discuss five ways of addressing unemployment problem

Pachacha [2.7K]

Answer:

Unemployment is measured by the unemployment rate, which is the number of people who are unemployed as a percentage of the labour force (the total number of people employed added to those unemployed).[4]

Unemployment can have many sources, such as the following:

new technologies and inventions

the status of the economy, which can be influenced by a recession

competition caused by globalization and international trade

policies of the government

regulation and market

Unemployment and the status of the economy can be influenced by a country through, for example, fiscal policy. Furthermore, the monetary authority of a country, such as the central bank, can influence the availability and cost for money through its monetary policy.

In addition to theories of unemployment, a few categorisations of unemployment are used for more precisely modelling the effects of unemployment within the economic system. Some of the main types of unemployment include structural unemployment, frictional unemployment, cyclical unemployment, involuntary unemployment and classical unemployment. Structural unemployment focuses on foundational problems in the economy and inefficiencies inherent in labor markets, including a mismatch between the supply and demand of laborers with necessary skill sets. Structural arguments emphasize causes and solutions related to disruptive technologies and globalization. Discussions of frictional unemployment focus on voluntary decisions to work based on individuals' valuation of their own work and how that compares to current wage rates added to the time and effort required to find a job. Causes and solutions for frictional unemployment often address job entry threshold and wage rates.

8 0

2 years ago