Commercials during high visibility events like the World Series cost more than during non-peak times,
Answer:
Stockholders Equity
Preferred Stock 375,000
Common Stock 562,500
Additional Paid-in Capital 81,900
Retained Earnings <u> 306,000 </u>
Total Equity 1,325,400
Explanation:
We look into the list only for the equity accounts:
Which are the preferred stock, the common stock
and the additional paid-in caital.
We will also include the retained earnings account
All this accounts increase the equity, so we ujust need to add them together.
Answer:
The correct answer is option (e).
Explanation:
According to the scenario, the computation of the given data are as follows:
Capital budget = $1,000,000
Debt = 60%
Equity = 40%
Net income = $550,000
So, we can calculate the total dividend by using following formula:
Total dividend = net income - ( Equity × Capital budget )
= $550,000 - ( 40% × $1,000,000 )
= $550,000 - $400,000
= $150,000
The correct answer is false. It is because it is not true that there are only few exports that exist for U.S. firms to sell goods and their services to asian consumers as they are likely to expand their goods and services all throughout by which few exports doesn't seem to be true.
Answer:
Debit Interest Expense, credit Cash and Discount on Bonds Payable.
Explanation:
The journal entry that a company needs to record for payment of interest is: a debit to the interest receivable account and a credit to the interest income account.
The journal entry that a company needs to record for interest expense is: a debit to interest expense and a credit to cash.
The journal entry that a company needs to record for interest expense is: a debit to interest expense and a credit to discount on bonds payable.
