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LenaWriter [7]
3 years ago
13

The board of directors declared cash dividends totaling $585,000 during the current year. The comparative balance sheet indicate

s dividends payable of $167,625 at the beginning of the year and $146,250 at the end of the year. What was the amount of cash payments to stockholders during the year?
Business
1 answer:
Lelechka [254]3 years ago
5 0

Answer:

$606,375

Explanation:

The computation of the amount of cash payments to stockholders is shown below:

= Beginning dividend payable  + cash dividend declared - ending dividend payable

= $167,625 + $585,000 - $146,250

= $606,375

We simply added the dividend declared amount and deducted the ending dividend payable to the beginning dividend payable so that the accurate amount can come.

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Anna71 [15]

Answer: True

It can be replaced by traditional systems, however, it is not the most appropriate, because information systems help us organize information about a company so that it can be good for reading, analyzing and making decisions, if it does not comply with these principles then we can say that the company is becoming a bit more inefficient.

Traditional systems work, however, in terms of information systems, we can also have the decrease in information errors, so it is important that they be as automated as possible.

3 0
3 years ago
Suppose you purchased 500 shares of Jet-Electro Corporation stock at a price of $22.50 per share. One year later, the shares are
viva [34]

Answer:

C) 0.0 percent

Explanation:

The net return on any investment is what we receive from the investment in addition to the purchase price paid.

In the given instance the investor pays $22.50 per share as an investment cost, to acquire such shares. Number of shares purchased = 500

Now at the end of the period the shares are sold for $21 each

Also the dividend per share received is $1.50

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This is exact same as that of the investment price.

Thus net return = Total benefits - Cost = $22.50 - $22.50 = $0

Since net return is $0 the value of return in percentage shall also be $0.

6 0
4 years ago
Key differences exist when an integrated Enterprise Resource Planning system (ERP) replaces an existing AIS or legacy system. Fo
Olin [163]

Answer:

Inventory records

Explanation:

Key differences exist when an integrated Enterprise Resource Planning system (ERP) replaces an existing AIS or legacy system. For example, inventory records are more accurate and timely, enabling sales order entry staff to provide customers more accurate information about delivery dates.

Systems Enterprise Resource Planning (ERP) information systems that integrate applications to manage all departments and functions of as production, sales, purchasing, logistics, accounting, project management, and inventory control warehouses, orders, payroll, etc.

Legacy systems can be difficult to integrate in a newer system because of their unique structure.

7 0
3 years ago
What is an example of a community that you belong to?
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I belong to a community of young moms and we stick together to prove that just because we are mothers doesn’t mean we are unable
6 0
3 years ago
​_______________ tend to carry a wide array of goods for a long period of​ time, while​ _______________ focus more on the positi
Makovka662 [10]

The answers are the following; assortment warehouse and spot stock warehouses.

It is because the assortment warehouse the capability of carrying goods in a long period of time while the spot stock warehouses only has seasonal goods that are placed or focused on.

7 0
3 years ago
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