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4 years ago

On which date are entries for cash dividends required?

1 answer:

soldier1979 [14.2K]4 years ago

6 0

<span>entries for cash dividends required on Declaration date and the payment date.A payment date is the date on which a declared stock dividend is scheduled to be paid.</span>

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Heap Corporation is considering an investment in a project that will have a two year life. The project will provide a 10% intern

german

Answer:

$77,686

Explanation:

The IRR is the discount rate that equates the after tax cash flows from an investment to the amount invested.

To find the amount invested, discount the cash flows using the IRR.

∑ 40,000 / 1.1 + 50,000 / 1.1² = $77,686 (to the nearest dollar)

The amount invested is $77,686.

I hope my answer helps you

3 0

4 years ago

3. Based on sales, what products do customers want? How accurately did the

PilotLPTM [1.2K]

Answer: Market survey

Explanation:

One of the ways to determine what customers want is my doing s survey. A survey would guide you through what they want. One of the ways to do this survey to get accurate answers is through questionnaire's, questionnaire's could be sent through mobile or advert or mails, asking what exactly what the customers want, from the feedback, the owner can predict accurately.

5 0

3 years ago

In one of the case studies in the textbook, Marcus Lane, a geologist for an environmental management and engineering services fi

aalyn [17]

Answer: The internal auditor discovered it when performing a routine audit of expense reimbursements

Explanation:

Marcus Lane, was a geologist who travelled all over North America and South America and this results in several expense reimbursements. Lane engaged in fraudulent activity by double booking his air travel.

He used cheaper ticket for the actual flight and more expensive ticket was returned for credit. But, he submitted the expensive ticket for reimbursement.

The fraud was discovered by the internal auditor while doing a routine audit of expense reimbursements. He was terminated and he agreed to pay the money back.

5 0

4 years ago

Use the following statements to answer this question:

Anastasy [175]

I believe the answer would be D. I think

8 0

3 years ago

Locus Company has total fixed costs of $121,000. Its product sells for $67 per unit and variable costs amount to $57 per unit. N

Trava [24]

Answer:

13,915 units

Explanation:

With regards to the above, we need to determine first the target or desired profit.

Desired profit = $121,000 × 15% = $18,150

The next step is to calculate the contribution margin, which is the difference between selling price and variable cost.

Contribution margin = Sales - Variable cost

Contribution margin = $67 - $57

Contribution margin = $10 per unit

Target sales is therefore;

Target sales = (Fixed cost + Target profit) / Contribution margin

Target sales = ($121,000 + $18,150) / $10

Target sales = $139,150 / $10

Target sales = 13,915 units

8 0

3 years ago