The corporation is required to record entry for cash dividend declaration. Only the common stock outstanding or the 14,800 shares are entitled to receive dividends. Thus, the journal entry to record the dividend declaration is as follows:
Debit: Retained Earnings $7,400.00
Credit: Dividends Payable $7,400.00
<em>To record cash dividend declaration</em>
Answer:
The correct answer is: toward society assumed by business.
Explanation:
Corporate social responsibility is a business model that helps companies be socially responsible. It refers to the efforts a business makes to have a positive impact on society.
There are different types of corporate social responsibility, namely,
- Environmental Sustainability Initiatives
- Direct Philanthropic Giving
- Ethical Business Practices
- Focus on Economic Responsibility
The main aim of corporate social responsibility is to ensure that companies are operating ethically. This involves taking account of their economic, social and environmental impact.
Answer: The answer would be d-technological
Explanation:
Answer:
(a) Given that a chip passes the test, what is the probability that it is a good chip?
LetB = {the chip is good}
A={the chip passes the cheap test}.
Bc={the chip is bad}
Ac={the chip fails the cheap test}
P(A | B) = 1
P(A | B
c
) = 0.075
= 
= 
≈ 0.9751
(b) If the company sells all chips that pass the cheaper test, what percentage of sold chips will be bad?
P(B
c |A) = 1 − P(B | A) = 1 - 0.9751 = 0.0249
