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Alekssandra [29.7K]
3 years ago
6

Chelsie Enterprises declared a dividend to shareholders of record on Monday, February 8, that is payable on Friday, February 26.

Carla knows that her dividend check normally arrives three business days after the check is written. On which one of the following days should she expect to receive her dividend check?
A. Wednesday, February 10

B. Thursday, February 11

C. Monday, March 1

D. Tuesday, March 2

E. Wednesday, March 3
Business
2 answers:
olga55 [171]3 years ago
8 0

Answer:

E

Explanation:

Dividends check are mailed on payment date which is February 26 in this scenario.

It normally take the check three business day after the check is written to arrive to the beneficiary.

Please note that the check was issued on a Friday , which means that 27th and 28th February are non- working days. Therefore , the check will arrive on March 3 which is Wednesday.

Vikki [24]3 years ago
6 0

Answer:

D. Tuesday, March 2

Explanation:

Well the dividend was declared on February 8 but that doesn't matter here.

What matters here is the payable date i.e Friday, February 26.

Now, 3 business days mean no Saturday and Sunday involved in it.

Hence, third business working day will be on Tuesday, March 2.

Hope this helps.

Thank You.

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Dukes Corporation used a predetermined overhead rate this year of $2 per direct labor-hour, based on an estimate of 20,000 direc
astraxan [27]

Answer:

Under allocation= 1,000 underallocated

Explanation:

Giving the following information:

Dukes Corporation used a predetermined overhead rate this year of $2 per direct labor-hour, based on an estimate of 20,000 direct labor-hours to be worked during the year. Actual costs and activity during the year were: Actual manufacturing overhead cost incurred $ 38,000 Actual direct labor-hours worked 18,500

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 2*18,500= $37,000

Real overhead= 38,000

Over/under allocation= real MOH - allocated MOH

Under allocation= 38,000 - 37,000= 1,000 underallocated

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Answer:

They are guilty of nothing, what they are doing is called whistle-blowing and it is not a crime, it a way of stopping crimes from being committed.

Explanation:

A whistle-blower is an employee or any person within an organization that informs about illegal activities carried out within the organization. Sometimes whistle-blowers can even earn money form doing the right thing. For example, the IRS pays whistle-blowers up to 30% of additional money it collects by using information provided by whistle-blowers.

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Answer:

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Project Z = $4,148.00

Explanation:

Calculation are as attached in the file

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Answer:

To removes bias in the allocation of emissions rights.

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Answer:

Will switching to a perpetual inventory system strengthen Triple Creek Hardware’s control over inventory items?

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Will switching to a perpetual inventory system eliminate the need for a physical inventory count?

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