Answer:
C) has no effect on Carr's earnings and profits for federal income tax purposes.
Explanation:
A stock dividend means that the corporation issues its existing shareholders more stock.
In essence, the corporation is merely diluting the proportional ownership interest of existing shares.
This has no effect on the corporation's earnings and profits for federal income tax purposes.
Therefore, the dividend has no effect on Carr's earnings and profits for federal income tax purposes.
Answer:
Letter A is correct. <u>Organizational objectives.</u>
Explanation:
A human resources manager is responsible for meeting a company's staffing needs and activities, such as the recruitment and selection process, training and development, development of policies and procedures, performance management, salaries and benefits.
For this, it is necessary to consider organizational objectives as a basis for assisting in the process of developing the function. An effective human resources manager, must base all his decisions prioritizing the strategic plan of obtaining objectives and goals of a company, ensuring that there is the correct allocation of resources and trained and motivated personnel to increase business productivity and generate a climate positive organizational structure in order to achieve organizational goals.
Answer:
A) Debit cash, credit accounts receivable
Explanation:
As the statement said, Zoono electronics made a payment which means they are debiting cash amount of $3,500 to imperial distributor who is a supplier. So the best statement that best describes the recording of this financial transaction by imperial distributor is their account receivable has been credited and cash is debited. All the other options are wrong except this.
Answer:
The expected price after 1 year would be$55.5
Explanation:
According to the given data,
Price of the stock (Po) = $50
Dividend after 1year (D1) = $2
Equity cost of capital (KE) =15%
The formula for calculating the price after 1 year i.e.,(P1 ) is
Po = (D1 + P1 )/ 1+KE $50= ($2 + P1) / (1+0.15)
P1 = [$50(1.15)] - $2 = $55.5
Answer:
"Charge off" means that the credit grantor wrote your account off of their receivables as a loss, and it is closed to future charges. When an account displays a status of "charge off," it means the account is closed to future use, although the debt is still owed.
<h2>TRUE!</h2>