Answer:
3. Dividend distribution to shareholders
Explanation:
The type of transaction that would be reported on a company's Statement of Changes in Equity is Dividend distribution to shareholders. The Statement of Changes in Equity is not regarded as part of the Financial Statements of a company but it is usually presented annually as a separate statement.
The Statement of Changes in Equity shows the details about changes in a company's assets, liabilities, and the owner's equity. The Statement of Changes in Equity is necessary because it shows important details about equity reserves that are not usually stated in financial statements. It shows the details about changes in the share capital of the company and the total income and loss of the company and the impact of it on the company, additional money invested into the business and details of the investment done, the dividend distributed and/or paid to shareholders and if there is any change in accounting policy of the company. It will also show the proceeds from any sale made by the company, unlike the financial statements.
Some of the transactions that will be reported in the Statement of Changes in Equity will include
The Net/total profit or loss of the shareholders.
The changes in share capital reserves either increase or decrease.
The dividend distributed and/or paid to shareholders.
Whether there is a change in the accounting policy of the company.
Answer:
The maximum contribution Herb and Alice can make to their traditional IRAs are:
C. $7,000 for Herb, because he is over 50, and $0 for Alice because she had no earnings.
Explanation:
Formerly instead of contributing to the traditional IRAs, Herb can contribute $7,000 maximum to the Roth IRA and Alice $0 since they are above 70 1/2 and Alice does not earn any income. However, under the terms of the SECURE Act of 2019, all retirees, like Herb and Alice, can now contribute to traditional IRAs if they earn income. As retirees, Herb and Alice can continue to contribute earned funds to their Roth IRA indefinitely.
Answer:
B. be lower
Explanation:
the present value of the future amount will be lower
Answer:
1. Enhanced customer service.
2. Employee retention.
Explanation:
1. Enhanced customer service - motivated employees always take ownership of their job. In hospitality, it is important to provide best quality customer service. Having motivated employees mean employees are ready to serve customers in the best possible way.
2. Employee retention - since a new hotel has just opened up, they will be looking for hiring people locally, to retain her current employees it is important for Sasha to keep her employees motivated.
