1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
meriva
3 years ago
15

The board of directors of Capstone Inc. declared a $0.60 per share cash dividend on its $1 par common stock. On the date of decl

aration, there were 50,000 shares authorized, 20,000 shares issued, and 5,000 shares held as treasury stock. What is the entry when the dividends are declared? A. Dividends 9,000 Dividends Payable 9,000 B. Dividends 9,000 Cash 9,000 C. Dividends 12,000 Dividends Payable 12,000 D. Dividends 12,000 Cash 12,000 Select one: A. Option C B. Option A C. Option D D. Option B

Business
1 answer:
Vinvika [58]3 years ago
6 0

Answer

The answer and procedures of the exercise are attached in the following archives.

Explanation  

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

You might be interested in
which manufacturing strategy can be described as producing products to put into inventory based on a demand forecast
Gwar [14]

The make-to-stock manufacturing (MTS) strategy can be described as producing products to put into stock based on a demand forecast.

In this strategy, companies do not maintain productive stability over a period of time, but adjust their manufacturing strategy according to times when demand can increase or decrease.

Some advantages of the make-to-stock strategy are:

  • Economy of scale.
  • Waste reduction.
  • Efficiency in the use of resources.
  • Increased response time.

So this is an effective manufacturing strategy for companies that can accurately forecast their demand.

Learn more here:

brainly.com/question/24099922

8 0
2 years ago
A setting of plainsong with two to four notes per syllable is called:
Anon25 [30]
Neumatic gregorian chant
7 0
3 years ago
An entrepreneur would most likely be a
Alexus [3.1K]

Answer:

C) person who works well alone

Explanation:

5 0
3 years ago
Cant take big d but i suck on it....
Scrat [10]
.. huh and orange then me too and brown and green faking a red green brown
6 0
2 years ago
Read 2 more answers
Which of the following are criteria for determining whether to record an asset as a fixed asset? a.must be short-lived and tangi
Brut [27]

Answer:

The correct answer is letter "D": must be long-lived and used by the company in its normal operations.

Explanation:

Fixed assets are tangible resources used by a corporation to produce profits. To qualify as a fixed asset, the item can not be consumed or sold in less than one year and be part of the daily operations of the business. Fixed assets are listed on the balance sheet of the company and are subject to depreciation.

Examples of fixed assets include <em>buildings, factories, leasehold improvements, computers, electronic hardware, furniture, automobiles, </em>and <em>construction equipment.</em>

5 0
3 years ago
Other questions:
  • Williams &amp; Co. is a medium-sized CPA firm enrolled in the Private Companies Practice Section (PCPS). The firm is to have a p
    12·1 answer
  • You are considering building a new deck on your​ home, what factors should you consider when deciding whether to borrow the mone
    13·2 answers
  • Suppose the demand function for good X is given by:
    13·1 answer
  • All functions and departments in the enterprise have tasks that they need to complete to produce outputs or ________ in order to
    10·1 answer
  • what process include devising and maintaining a workable scheme to ensure that the project addresses the organization's need
    14·1 answer
  • Kendall Corners Inc. recently reported net income of $3.1 million and depreciation of $500,000. What was its net cash flow?
    14·1 answer
  • What is a broker?<br><br><br> Career Prep Edge
    9·1 answer
  • Medication is the most common treatment for seizure disorders.
    9·2 answers
  • A transfer payment is a payment made by a. firms, but not in exchange for capital equipment. b. foreigners, but not in exchange
    12·1 answer
  • Which of these social sciences deals most with models of behavior rather than with thought processes?
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!