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mr_godi [17]
4 years ago
9

Dividends received for equity securities in which the investor lacks the ability to participate in the decisions of the investee

company are recorded with a debit to the Dividend Revenue account.A.TrueB.False
Business
1 answer:
erastovalidia [21]4 years ago
4 0

Answer:

False.

Explanation:

When the investor does not have decision- making power in the business, his dividend payment process is not different from any other shareholder.

When profits are declared the company debits Retained Earnings (profits) for the divedend amount, and credited to Dividends Payable.

Dividend Payable is then debitted and Cash will be credited to show money has gone out.

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Wyatt Oil has 8 million shares outstanding and is about to issue 10 million new shares in an IPO. The IPO price has been set at
dexar [7]

Answer: 141 million

Explanation:

8 0
3 years ago
Maura Ruiz has been working in the e-learning industry for over eight years. She is aware of the fact that in this industry, onc
Elanso [62]

Answer:

Participative.

Explanation:

Participative leadership is the process of influencing people to direct their efforts toward the achievement of some particular goal or goals. Participative leadership can be different depending on organization, purpose and situation but there are common patterns in all types:

- Leader always facilitates the conversation.

- Leaders share any information and necessary knowledge for decision-making.

- Leaders encourage others to share their ideas.

- Leader must take all information and solutions by the team and synthesize.

- The leader comes up with best solution based on group information and communicates the solution to the group.

Participative leadership consist of one of the four types of participative decision making.

* Democratic (Participative) – Encourages participation of all members but final decision is made by leader.

* Collective – All decisions are taken by the group and responsibility for the decisions also rest on entire group.

* Autocratic – Possible solutions are brainstormed collectively but leaders are responsible for final decision. Different from democratic as autocratic is goal oriented while democratic is people oriented.

* Consensus – Leader gives up responsibility and control of decision making to the group.

4 0
4 years ago
Winston Company’s high and low level of activity last year was 60,000 units produced in April and 20,000 units produced in Decem
sergejj [24]

Answer:

$36,000.

Explanation:

The computation of the fixed cost and the variable cost per hour by using high low method is shown below:

Variable cost per hour = (High Machine maintenance costs - low Machine maintenance costs) ÷ (High activity level - low activity level)

= ($52,000 - $20,000) ÷ (60,000 units - 20,000 units)

= $32,000 ÷ 40,000 units

= $0.8

The variable cost equal to

= High activity level × per unit variable cost

=  60,000 units × 0.8

= $48,000

So, the fixed cost would be

= Total cost - variable cost

= $52,000 - $48,000

= $4,000

For 40,000 units, total maintenance cost would be

= Number of units  × per unit variable cost + Fixed cost

= 40,000 units × $0.8 + $4,000

= $32,000  + $4,000

=$36,000

8 0
3 years ago
is personally responsible for all partnership debts. has no say over a firm's daily operations. faces double taxation whereas a
aleksandrvk [35]

Answer:

is personally responsible for all partnership debts

Explanation:

COMPLETE QUESTION

A general partner:

is personally responsible for all partnership debts. has no say over a firm's daily operations. faces double taxation whereas a limited partner does not. has a maximum loss equal to his or her equity investment. receives a salary in lieu of a portion of the profits.

EXPLANATION

A general partner can be regarded as a person that joins with another person or join with more than one other person to form a business. A general partner is responsible for the actions that is been taken in the business, He or she is liable personally for all the debts as well as obligations in the business and can bind the business legally. It should be noted that A general partner is personally responsible for all partnership debts.

5 0
3 years ago
Consensus ad idem means which of the following?
svet-max [94.6K]

Answer: A . Meeting of the minds

Explanation:

3 0
4 years ago
Read 2 more answers
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