Answer:
Mapleleaf Industries
Journal Entry
Debit Cash Dividend $40,800
Credit Dividends Payable $40,800
To record the declaration of $0.85 per share cash dividend.
Explanation:
This journal entry shows the two accounts involved and how they are recorded when a cash dividend is declared (declaration date).
Calculation of cash dividends is based on 48,000 shares of common stock outstanding and not on the issued shares nor the authorized. Usually, dividends are only payable to shareholders of record, who appear on the register of the company as holders of the shares on the specified date (date of records).
So, the divided equals $40,800 (48,000 x $0.85).
Answer and Explanation:
The computation is shown below:-
<u>Particulars </u> Traditional Philosophy Manufacturing
<u> Lean Philosophy</u>
Value added 2 + 6 = 8 8
Non value added 8 × (50 - 1) = 392 8 × (6 - 1) = 40
Total lead time 400 48
Value-added ratio
(as a percent) 8 ÷ 400 × 100 = 2% 8 ÷ 48 × 100 = 16.17%
"Financial Manager" would most likely require a college degree.
Financial managers are in charge of the money related well-being of an association. A four year degree in finance (bachelor), bookkeeping, financial aspects, or business organization is usually the least qualification required for Financial managers. However, numerous businesses currently look for individuals with a master degree, ideally in business studies, finance etc.
Here is the answer that best completes the given statement above:
Since Jessica has been answering the buyer's queries regarding her sales and has received positive feedbacks, what Jessica should expect when she gets to the final close is that it would be a natural part of the dialogue.
At the time of sale, Janice's adjusted basis is $405,000 computed as follows: $405,000 = $395,000 (original price) + $45,000 (for replacing old pipes and plumbing) + $34,700 (realtor's commission) + $300 (advertising) - $70,000 (depreciated amount). The amount realized is $694,000 computed as: $694,000 = $500,000 (cash paid) + $194,000 (mortgage assumed by the buyer).