A cash dividend is a payment made from the corporation's current earnings or accumulated profits to stockholders in general.
<h3>What is Cash dividend?</h3>
A cash dividend is a payment made from the corporation's current earnings or accumulated profits to stockholders in general. Instead of being distributed as a stock dividend or another kind of value, cash dividends are paid in cash.
Typically referred to as dividends, cash dividends are a distribution of a corporation's net income. Dividends are comparable to the draws and withdrawals made by a solo proprietor. The income statements will not include the withdrawals and dividends because they are not expenses.
You must have the stock in your demat account on the record date of the dividend issue in order to be eligible for dividends. To ensure that the stocks are delivered to your demat account by the record date, you should have purchased the stock at least one day before the ex-date.
Hence, The last day to purchase the stock and receive the dividend is 2 business days prior to record date or the 18th. Ex date - or the very first day the stock trades without the value of the dividend - is the 19th.
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Answer: $200000
Explanation:
It should be noted that the amount of gain that'll be excluded from the gross income under with respect to any sale should not be more than $250,000.
Therefore, the amount that'll be excluded based on this will be $200000. Therefore, the answer will be $200000.
Answer:
4.26%
Explanation:
The computation of the Laurel's effective (after-tax) cost of debt is shown below:
= Cost of debt × (1 - tax rate)
= 7.1% × (1 - 0.40)
= 4.26%
The cost of debt is also known as the yield to maturity.
For computing it, we deduct the tax rate from the cost of debt so that the accurate rate can come
All other information which is given is not relevant. Hence, ignored it
Answer:
The cost of the units transferred out and remaining in ending inventory is $ 107,250 and $ 4,000 respectively.
Explanation:
<u>Calculation of total cost of units transferred out</u>
Units transferred out = 750+ 9500- 500 = 9,750 units
Total cost per unit = material cost per unit + conversion cost
= 7 + 4
= $11
Units transferred out = 11 * 9750 = $ 107,250
<u>Calculation of total cost of closing units</u>
Total Material cost = 7 * (500) = 2,500
Total Coversion Cost = 4 * (500*75%) = 1,500
Total cost = $ 4,000
