_____ signs tell you how to drive safely in work zones.

Sanders Corporation has the following shares outstanding: 7,000 shares of $50 par value, six percent preferred stock and 45,000

nadya68 [22]

Answer:

For the declaration of cash dividends Sanders Corporation will credit dividends payable because it is a liability and we will debit retained earnings , because Sanders Corporation are using our retained earnings to pay the dividend.

preferred dividend = 7,000*3= $21,000

common stock dividend= 45,000*2.2=$99,000

Entries for declaration of dividend

Debit Credit

Retained Earnings 120,000

Preferred dividend payable 21,000

Common stock dividend payable 99,000

For recording the payment of cash dividend we will debit the dividend payables because when we pay the dividend the liability is finished, and we will credit cash because we are paying the dividends using cash and that is an asset that is decreasing so we will credit it.

Entries for payment of cash dividend

Debit Credit

Preferred dividend payable 21,000

Common stock dividend payable 99,000

Cash 120,000

Explanation:

3 0

3 years ago

Suppose that the demand rate is 500 units per week. The fixed ordering cost is $60 per order. The unit inventory cost is 20% of

Amanda [17]

Answer:

Optimal order quantity is 17,664 units

Explanation:

Optimal order quantity is the quantity at which business incur minimum cost. This is the level of order where the holding cost equals to the ordering cost of the business.

As per given Data

Demand = 500 units per week = 500 units x 52 weeks = 26,000 units

Ordering Cost = $60

As the limit of the is 2,300 or below the product cost is $0.05 and the inventory cost is 20% of the product cost.

Inventory cost = $0.05 x 20% = $0.01

Optimal order quantity = $\sqrt{\frac{2 X Ordering cost X Annual Demand}{Inventory cost} }$

Optimal order quantity = $\sqrt{\frac{2 X 60 X 26000}{0.01} }$

Optimal order quantity = 17,664 units

6 0

3 years ago

7. Explain one way to protect yourself from online or cyber predators.

k0ka [10]

Answer:

Don't click random pop ups because that could be a way people could try to get into your device and could take money or do something that could be bad for you.

6 0

3 years ago

A new per unit subsidy for almond production in the United States increases the world supply of almonds. If almonds are inelasti

grin007 [14]

Answer:

total revenues would fall

Explanation:

Demand is inelastic if a small change in price has little or no effect on quantity demanded. The absolute value of elasticity would be less than one. If demand is inelastic, there would be little or no change in the quantity demanded.

Due to the subsidy, there would be an increase in supply.

The increase in supply would lead to excess supply and a fall in price. Since demand is not sensitive to price. there would be no change in demand as a result of the fall in price.

Thus, price would be lower and quantity would remain the same. This would lead to a fall in price.

5 0

3 years ago

Who collects Federal Taxes? a. IRS b. INS c. Treasury d. Federal Reserve

OleMash [197]

Hey friend!

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<u>The answer is A.</u> I hope this helps, also, please give brainiest to whoever answers first. I didn't answer first, so you should give brainiest to the other person. (not forcing you to!)

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Have a great Tuesday! (o3o)

- <em>HannaTheGurls</em>

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5 0

3 years ago