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
Party a has agreed to exchange $1 million u.s. for $1.02 million canadian. what is this agreement called?
Mrrafil [7]

Party A has agreed to exchange $1 million U.S. dollars for1.21 million Canadian dollars. This agreement is called a swap.

<h3>What is swap?</h3>

An agreement for a financial exchange known as a "swap" calls for one of the two parties to commit to making a given number of payments at a specified frequency in exchange for the other party making a different set of payments. These flows often react to interest payments based on the swap's nominal amount.

<h3>What is the advantage of swap contract?</h3>

Through the use of swap, one can gain access to new financial markets for funding by analyzing the comparative advantage that the other party has in that market. As a result, exchange fully utilizes the comparative advantage that parties possess. As a result, money can be collected at a lower cost from the best source available.

Learn more about Swap: brainly.com/question/14990076

#SPJ4

3 0
1 year ago
As her business grew, Gretchen could not spend as much time individually with her employees. She wanted to make sure her values
choli [55]

Answer:

The correct word for the blank spaces are: code of ethics.

Explanation:

The company's Code of Ethics represents the moral values a firm expects its employees to perform in their day-to-day activities. Usually written in a book, the Code of Ethics represents the core of the corporate culture of an organization which is the institution's spirit and differentiates it from competitors.

The Code of Ethics establishes guidelines for the behavior of workers within the workplace avoiding major issues that could harm the operations of the entity such as fraud.

8 0
3 years ago
A workbook contains sales information for the first quarter and you are interested in finding the totals sales generated in janu
Juli2301 [7.4K]

The function that is best suited in handling the task that will help you in seeking the information needed such as the total sales generated in January is the SUMIFS. This function will help in summing the values in the cells base on the dates or numbers provided.

3 0
3 years ago
Jeremy Corporation estimated manufacturing overhead costs for the year to be $500,000. Jeremy also estimated 8,000 machine hours
Crank

Answer:

Allocated overhead= $375

Explanation:

Giving the following information:

Jeremy Corporation estimated manufacturing overhead costs for the year to be $500,000. Jeremy also estimated 8,000 machine hours and 2,000 direct labor hours for the year. It bases the predetermined overhead allocation rate on machine hours.

On January 31, Job 25 was completed. It required 6 machine hours and 1 direct labor hour.

First, we need to calculate the predetermined overhead rate:

predetermined overhead rate= total estimated overhead for the period/ total amount of allocation base

predetermined overhead rate= 500,000/8000= $62.5 per machine hour

Allocated overhead= predetermined overhead rate* actual hours= 62.5* 6= $375

4 0
3 years ago
You invest in a piece of equipment costing $40,000. The equipment will be used for two years, and it will be worth $15,000 at th
inna [77]

Answer:

The answer is given below;

Explanation:

Description            0                              1                               2

Equipment           (40,000)

Depreciation

(40,000/10,000)*4,000                       (16,000)

(40,000/10,000)*6,000                                                        (24,000)  

Savings                                                  28,000                     40,000

Salvage Value                                                                          15,000

Net Cash flows                                       12,000                       31,000

PV factor                                          1/1.1 =.91                         1/1.1^2=.83

Net present value

PV factor*net cash flows                   10,920                            25,730

(10,920+25,730)        36,650

Net present value  (40,000)+36,650=(3,350)    

                 

7 0
3 years ago
Other questions:
  • Kim, chris, and beth are all partners in a cosmetics firm. kim is leaving the partnership and wants to sell her shares of the bu
    15·1 answer
  • 4. Select an industry and consider how the industry life cycle has affected business strategy for the firms in that industry ove
    15·1 answer
  • You are a self-employed profit-maximizing consultant specializing in monopolies. Five firms are currently seeking your advice, a
    13·1 answer
  • Your bank is offering you an account that will pay 20 % interest in total for a​ two-year deposit. Determine the equivalent disc
    14·1 answer
  • On August 1, 2021, Limbaugh Communications issued $30 million of 10% nonconvertible bonds at 104. The bonds are due on July 31,
    8·1 answer
  • Abramov Inc. uses a job-order costing system in which any underapplied or overapplied overhead is closed to cost of goods sold a
    5·2 answers
  • Please help me. I will mark you as brainliest !!
    11·1 answer
  • The Finishing Department had 6,800 incomplete units in its beginning Work-in-Process Inventory which were 100% complete as to ma
    9·1 answer
  • what are the economic factors influencing the communication industry as a whole and how does this impact the economic base​
    15·1 answer
  • A company is seeking to avoid the mistakes disney made with disneyland paris. A key priority then is to?
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!