This marketing tool is called sponsorship.
The company is trying to advertise its apparel through sponsorship. Through this sponsorship, the company’s name will be prominently displayed at the event.
Answer:
D. Flow-through tax entity.
Explanation:
An organization that does not pay income tax on its profits but passes them through to its owners who pay the tax at their individual rates is called a flow-through tax entity.
He ledger contains a list of business transactions
Answer:
True
Explanation:
Because the employers are the one who decide what to do
Answer: See explanation
Explanation:
The effect on Dodd's retained earnings as a result of the above transaction will be calculated as:
Common stock = 115000
Percent of stock dividend = 10%
Stock dividend = 10% × 115000 = 11500
Price per share = $30
Stock dividend = $30 × 11500 = $345000
Therefore, there'll be a $345000 decrease on Dodd's retained earnings. The options given are incorrect.
Assuming, the common stock was 120,000, then the answer will have been (120,000 × $3) = $360,000 decrease.