Answer:
Shondra should be sure she will have enough in her account to be able to make the monthly payments.
Explanation:
Answer:
25 percent.
Explanation:
Given that,
Net Income =$200,000
Paid dividends to common stockholders = $50,000
Weighted average number of shares outstanding in 2022 = 2,000 shares
Selling price of common stock = $80 per share
Dividend pay-out ratio:
= (Dividend paid to Common Stockholders ÷ Net Income) × 100
= ($50,000 ÷ $200,000) × 100
= 0.25 × 100
= 25%
Therefore, the company’s payout ratio for 2022 is 25 percent.
Answer:
1) completed and transferred 293,000
<u><em>Equivalent units under W/A method:</em></u>
EU materials 338,500
EU conversion 306,000
Explanation:
Beginning WIP 33,000
started and completed <u>260,000</u>
completed and transferred 293,000
Ending WIP 65,000
EU under weighted-average methood:
complete and transferred plus percentage of completion ending WIP
293,000 + 65,000 x 70% = 338,500
293,000 + 65,000 x 20% = 306,000
Answer:
1. Physical control
2. Segregation of duties
3. Pre-numbered documents
4. Segregation of duties
5. Establishment of responsibility
Explanation:
1. As this shows that someone locked cash in safe, so this will be physical control.
2. As this shows the division of duties among employees, so this will be segregation of duties.
3. As this shows documents are pre numbered so it comes under pre-numbered documents.
4. As this shows the division of duties for bookkeeper, so it comes under segregation of duties.
5. This shows the responsibility of any work on a person, so this will be establishment of responsibility.
Answer:
For more than 180 minutes of phone use.
Explanation:
Let m represent number of minutes of phone use in a month.
We have been given that in Plan A, there is no monthly fee, but the customer pays $0.06 per minute of use.
The cost of using m minutes in plan A would be 
.
We are also told that in Plan B, the customer pays a monthly fee of $4.80 and then an additional $0.03 per minute of use.
The cost of using m minutes in plan B would be 
.
To find the amounts of monthly phone when Plan A will cost more than Plan B, we will set cost of plane A greater than cost of plan B as:
Let us solve for m.
Therefore, Plan A will cost more than Plan B for more than 180 minutes of phone use.
