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Lynna [10]
2 years ago
8

The journal entry to record the issuance of a stock dividend is which of the following?

Business
1 answer:
Paul [167]2 years ago
5 0
Debit common stock dividend distributable
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Sears Corporation, which has a calendar year accounting period, purchased a new machine for $40,000 on April 1, 2007. At that ti
Irina-Kira [14]

Answer:

$1,000

Explanation:

The computation of gain on sales is given below:-

Depreciation per year = $40,000 - $10,000 ÷ 10

= $3,000

Life of equipment = 5.5 years

Accumulated Depreciation on equipment = 5.5 × $3,000

= $16,500

Book value of equipment = $40,000 - $16,500

= $23,500

Gain = Proceed from sale - Book value at the time of sale

= $24,500 - $23,500

= $1,000

5 0
3 years ago
which costs of inflation could the government reduce without reducing inflation? a. arbitrary redistributions of wealth b. shoel
Ilya [14]

Answer:

A is the correct answer.

Explanation:

Inflation causes an arbitrary redistribution of wealth and income. Unexpected inflation is responsible for it. The redistribution of income is caused because the wages and salaries increase rapidly the prices.  and other wages and salaries slowly than the price level. The increase in the prices of some assets more rapidly than the price level while the asset prices increase slower than the price level causes the redistribution.

4 0
3 years ago
Homer has decided to buy a trampoline. the trampoline costs $2000.00. he borrows the money from the springfield bank at an inter
Elodia [21]
Finance Charge = Balance x Interest rates

Since Philip has passed the full year since the initial credit, we use the full 19% for the calculation.

So, the finance charge is:

$ 2,000 x 19%

= $ 380
6 0
3 years ago
Danny deposits $50 in a savings account at 5 percent interest for 3 months. How much will be in the account after 3 months?
sveticcg [70]

Answer:

$ 50.625

Explanation:

Amount of deposit = $50

interest 5 percent  usually per year

Per year interest rate = 5/100= 0.05

Interest rate for 3 months= 0.05/12 x3

      =0.0125

Interest amount =0.0125 x50= 0.625

Money in the account will be

=$50+0.625

=$ 50.625

5 0
3 years ago
Tasteequik Food markets one line of food products to consumers looking for meals that are very simple and quick to prepare. Tast
Stolb23 [73]

Answer:

Letter A is correct. <u>Benefit segmentation.</u>

Explanation:

Benefit segmentation is a marketing strategy that consists of dividing your audience according to the benefits or advantages perceived by the consumer when purchasing a product or service. Segmentation can occur according to various variables such as performance, customer service, special features, quality, and more.

There are several benefits added to this benefit segmentation strategy, especially the conversion of interest in the product or service into new customers, as well as customer retention and satisfaction.

To be successful and achieve the benefits described, segmentation must be designed and targeted to create marketing and advertising that engages the customer and assists in building brand value.

4 0
3 years ago
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