Answer:
Please see below
Explanation:
a. A 5% stock dividend is declared and distributed when the market per share was $39.
Common stock par value($10) 500,000
Retained earning = 50,000 × 5% × 39
= $97,500
Common stock dividend distributed
50,000 × 5% × $10
= $25,000
See attached further explanations.
Answer:
9.09% and 5.263%
Explanation:
The computation is shown below:
a. The current rate of unemployment is
= Number of Unemployed people ÷ labor force
= 10 ÷ 110
= 9.09%
b. The natural rate of unemployment is
= Separation rate ÷ Separation rate + finding rate
= 0.01 ÷ 0.01 + 0.18
= 0.01 ÷ 0.19
= 5.263%
These both should be expressed in a percentage forms
Answer:
It will be reported as accrued expenses (c)
Explanation:
Accrued expenses represents amount owed for either serviced that has been enjoyed or goods that have been delivered but yet to be paid for.
Income statement is prepared on accrual basis, hence, these expenses will be recognized in the current period and matched with revenues generated.
Answer:
D: increase investment projects by firms
Explanation:
When interest rates are lowered, it is a green signal for small and medium size enterprises to borrow money for their investment projects.
