Answer:
A decrease in cash flows from financing activities
Explanation:
When cash dividend is paid,
It is an outflow of cash as paid, therefore it will decrease the cash flows.
Further dividend is paid to equity, or preference capital raised for business, which is a financing activity.
Therefore, a cash dividend paid to shareholders will result in decrease in cash flow from financing activities.
Whereas cash dividend received is investing activity.
Final Answer
A decrease in cash flows from financing activities.
The difference in height between the hill 973 feet above sea level and the crack 79 feet below sea level is:
Difference in height = 973 - (-79)
Which is equal to 1052 feet.
Answer:
Sept 1,
DR Stock dividends $52,500
CR Common stock $9,000
CR Additional paid in capital $43,500
Sept 1,
DR Stock dividends $90,000
CR Common stock $90,000
Sept 1,
No journal entry required.
<u>Workings</u>
Small Dividends
<em>Stock dividends</em>
= 15,000 * 10% * $35
= $52,500
<em>Common stock </em>
= 15,000*10%* $6
= $9,000
<em>Additional paid in capital</em>
= 52,500 - 9000
= $43,500
Large Dividends
<em>Stock dividends</em>
= 15,000 * $6
= $90,000
<em>Common stock </em>
= 15,000 * $6
= $90,000
<em>No entry for stock splits.</em>
She would probably be best suited for jobs where she would meet a lot of customers, something in retail mostly. She has had a lot of experience of meeting clients so she mostly knows how to work with people and knows what people want, so she should work as a salesman of some kind because of her experience.
Answer:
a. All three statements are true when discussing the term commercial paper
Explanation:
A commercial paper is an unsecured debts instrument used by large corporations to finance short-term credit needs. They have a maturity of 9 months or less and are usually issued at a discount. Commercial paper pay a fixed interest rate.
Commercial papers are issued by large and highly rated corporations, which make them relatively safe. Commercial papers or CP's offer a higher interest rate compared to secured investments and have a short maturity period making them attractive to investors. In some cases, wealthy individuals, commercial institutions, or banks may back a commercial paper.
