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:
Effect on income= $15,000 favorable
Explanation:
Giving the following information:
It has just determined that another $40,000 of repair work is required. Alternatively, it has found a newer used lift that is for sale for $170,000. The company estimates that both lifts would have useful lives of 6 years. The new lift is more efficient and thus would reduce operating expenses by about $20,000 per year. Darcy Roofing could also rent out the new lift for about $10,000 per year. The old lift is not suitable for rental. The old lift could currently be sold for $25,000 if the new lift is purchased.
Year 0= -170,000 + 25,000 + 40,000= -105,000
Year 1 trough 6= 20,000*6= 120,000
Effect on income= $15,000 favorable
Answer:
sales orientation
Explanation:
Sales Orientation -
It is the business method to make profit just by selling the products to the customer rather than considering the needs of the customer , is known as sales orientation .
This method is adapted by to increase the profit margin.
Hence , from the question , the company is using , sales orientation .
because that would make you spoiled, and no one will like you. And some things aren't buyable
Price and non-price competition, depends what your choices are though
