Answer:
Option (b) is correct.
Explanation:
The Journal entries are as follows:
(i) On November 1, 2015
Retained Earnings [$3 × 20,000] A/c Dr. $60,000
To Dividend Payable $60,000
(To record the declaration of dividend)
(ii) On November 30, 2015
Dividend Payable A/c Dr. $60,000
To cash A/c $60,000
(To record the payment of dividend)
Answer:
it would take 30 weeks if you got paid 200$
Explanation:
Answer:
ok I'll give you what I know monopolies are one business operating so try and use that
Answer:
The correct answer is letter "B": Short-term lenders.
Explanation:
Liquidity Ratios are financial metrics that calculate the capacity of a company to pay its short-term debt. Such ratios are a significant source of financial stability for the company. Liquidity ratios compare the most liquid assets of a company or those that are quickly converted to cash with their short-term liabilities. Examples of liquidity ratios are the <em>acid test ratio </em>and <em>current ratio.</em>
Answer:
Account B will generate 1.6 times as much interest as Account A assuming initial investment values are equal
Explanation:
Annual interest is determined by multiplying the principle amount by the interest rate. In this case, if amount X is deposited in account A and amount Y is deposited in account B, the interest generated in each account will be:
As absolute values of investment are not specified, exact difference in amount of interest cannot be determined. However, ratios can calculated.
If it can be assumed that the investment in both accounts is equal (X = Y), the equation can be simplified as below:
Thus, Account B will generate 1.6 times more interest than Account A