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3 years ago

Solve the following dividend problem.

Business

2 answers:

ElenaW [278]3 years ago

8 0

The answer is 150,000

AlladinOne [14]3 years ago

4 0

75,000×2=150,000
..................

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For each of the following types of indirect expenses and service department expenses, identify one allocation basis that could b

hodyreva [135]

Answer: (A) Computer service expenses of production scheduling for operating departments

Explanation:

The computer services expenses of the production scheduling is one of the type of indirect expenses and also the type of service department expenses type in the operating department.

The indirect expenses is one of the type of expenses that cannot be directly contribute with the cost object or services in the business department expenses.

According to the given question, the computer service expenses is one of the allocation basis that is used as the indirect expenses in an organization or firm and the indirect expenses are categorized into two main parts that is:

1) Fixed

2) Recurring

Therefore Option (A) is correct answer.

5 0

3 years ago

On july 1 of the current calendar year, plum co. paid $7,500 cash for management services to be performed over a two-year period

morpeh [17]

Dec 31 Management Services ....................................$1875

To Prepaid Expenses.....................................................$1875

(Being prepaid expenses recognised for the year)

6 0

3 years ago

Read 2 more answers

All of the following statements are true regarding negotiated municipal underwritings EXCEPT the:A initial offering price of eac

Sever21 [200]

Answer:

Explanation:

customer must be sent a copy of the official statement, if available

5 0

3 years ago

Sheridan Company began the year with retained earnings of $659000. During the year, the company recorded revenues of $600000, ex

Margarita [4]

Answer:

C. $737,500

Explanation:

The formula to compute the ending balance of retained earning is shown below:

The ending balance of retained earning = Beginning balance of retained earnings + net income - dividend paid

= $659,000 + $220,000 - $141,500

= $737,500

The net income is calculated below:

= Sales revenues - expenses

$600,000 - $380,000

= $220,000

3 0

3 years ago

Fev and Company has a projected balance sheet that includes the following accounts. Cash $ ? Marketable securities 228,000 Accou

Thepotemich [5.8K]

Answer:

C. $ 344,000

Explanation:

In the balance sheet, the assets, liabilities, and stockholder equity is recorded. In this the accounting equation is used which is shown below:

Total assets = Total liabilities + stockholder equity

which equals to

Total assets = $1,570,000 + $2,382,000

= $3,952,000

And, the total assets equal to

Total assets = Cash + Marketable securities + Accounts receivable + Inventory + Non-current assets

$3,952,000 = Cash + $228,000 + $860,000 + $490,000 + $2,030,000

$3,952,000 = Cash + $3,608,000

So, the cash would be

= $344,000

7 0

4 years ago