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stepladder [879]
4 years ago
5

A feature common to both stock splits and stock dividends is

Business
2 answers:
ella [17]4 years ago
8 0

Answer: There is no effect on total stockholders' equity

Explanation:

Stock splits is an when new shares are issued by a company to existing shareholders based on their current holdings. Stock split leads to an increase in the number of shares in a company. It also causes a reduction of market price of the individual shares.

Stock dividend is a dividend that is paid to shareholders as additional shares in the company but not as cash and they are not taxed until the owners sell the shares. The main feature of stock splits and stock dividend is that there is both has no effect on the total stockholders' equity.

borishaifa [10]4 years ago
7 0

Answer:

Is that there is no effect on total stakeholder's equity.

Explanation:

When existing shareholders are being paid dividends as shares rather than in cash it is known as stock dividends.

Stock split can be defined as the issuance of new shares to peculiar shareholders to create multiple shares and its always in proportion to their holdings in that particular firm.

A feature common to both stock splits and stock dividends is that there is no effect on total stakeholder's equity meaning that both parameters do not reduce it.

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The bank statement reported an ending balance of $43,860 after deducting $660 in service charges and an addition of $13,500 for
Jet001 [13]

Answer:

Question 1

B. $41,910

Question 2

C. Debit to interest receivable for $90

Explanation:

Question 1

Calculation for the adjusted cash balance

Using this formula

Adjusted cash balance = Cash balance per books +Deposits in transit - Outstanding checks

Let plug in the formula

Adjusted cash balance= $43,860+$16,800-$18,750

Adjusted cash balance= $41,910

Therefore Adjusted cash balance is $41,910

Question 2

Based on the information given The Appropriate journal entry to record accrued interest at the end of its fiscal year on December 31, 2019 will include a:

Debit to interest receivable for $90 which is calculated as:

Interest receivable=[(6%*$18,000*90days/360)/3]

Interest receivable=$270/3

Interest receivable=$90

7 0
3 years ago
What is an organizing approach used by labor where employees sign a card of support if they want unionization, and if 50 percent
kumpel [21]

Answer:

Card check (also called majority sign-up) is a method for employees to organize into a labor union in which a majority of employees in a bargaining unit sign authorization forms, or "cards", stating they wish to be represented by the union.

if 50 percent of the workforce plus one worker sign a card, the union considers it a victory? Yes

Explanation:

the unionization process is:

The process of organizing the employees of a company into a labor union which will act as an intermediary between the employees and company management. In most cases, it requires a majority vote of the employees to authorize a union.

Authorization Card Law and Legal Definition. An authorization card is a form signed by an employee to designate a union as his or her bargaining agent. ... If the union gets cards signed by 30% of the employees in an appropriate voting unit (i.e. within a store), it can petition the NLRB for an election.

4 0
4 years ago
Boise, a division of Price Enterprises, currently performs computer services for various departments of the firm. One of the ser
Vlad1618 [11]

Answer:

irrelevant costs in Boise’s outsourcing = $25500

Explanation:

given data

variable costs = $80,000

fixed operating costs = $25,000

administrative overhead = $18,000

fixed operating costs reduced = 70%

to find out

The irrelevant costs in Boise’s outsourcing decision total

solution

we get here first reduction in traceable cost that is

reduction = 30% of $25,000

reduction = $7500

so irrelevant costs in Boise’s outsourcing will be

irrelevant costs in Boise’s outsourcing = administrative overhead + reduction cost

irrelevant costs in Boise’s outsourcing = $18000 + $7500

irrelevant costs in Boise’s outsourcing = $25500

7 0
4 years ago
ou are considering a project with cash flows of $16,500, $25,700, and $18,000 at the end of each year for the next three years,
aleksandr82 [10.1K]

Answer:

Total PV= $50,032

Explanation:

Giving the following information:

$16,500, $25,700, and $18,000

Cf1= $16,500

Cf2= $25,700

Cf3= $18,000

Discount rate= 9.7%

<u>To calculate the present value, we need to use the following formula:</u>

PV= FV/(1+i)^n

Cf1= 16,500/(1.097)= 15,041

Cf2= 25,700/1.097^2= 21,356

Cf3= 18,000/1.097^3= 13,635

Total PV= $50,032

5 0
3 years ago
Martin Company incurred the following costs for 70,000 units: Variable costs $420,000 Fixed costs 392,000 Martin has received a
Rasek [7]

Answer:

Sales price = $8.1

Explanation:

<em>The units sale price should be that that equated the total revenue to the the total relevant cost of the special order</em>

<em>The relevant cost of the special order includes;</em>

<em>1. Variable cost</em>

<em>2. Additional shipping cost </em>

<em>Note the fixed costs are irrelevant for this decision because they would be incurred either way</em>

Variable cost per unit = Total variable cost /Number of unit

= 420,000/70,000 units = $6 per unit

                                                                                                      $

Total variable cost of special order

( 3,000× $6)                                                                    =  $18,000

Shipping cost                                                                        <u> 6,300  </u>  

Total relevant costs of special order.                                <u>24,300 </u>

Minimum Sales price = Total relevant cost /number of units

Sales price = $24,300/3,000 units =$8.1

Sales price = $8.1

7 0
4 years ago
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