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kogti [31]
4 years ago
9

Ray Corp. declared a 5% stock dividend on its 10,000 issued and outstanding shares of $2 par value common stock, which had a fai

r value of $5 per share before the stock dividend was declared. This stock dividend was distributed 60 days after the declaration date. By what amount did Ray's current liabilities increase as a result of the stock dividend declaration?
Business
1 answer:
mars1129 [50]4 years ago
6 0

Answer: The answer is as follows:

Explanation:

We know that dividend is not a part of assets and liabilities. Stockholder's equity section includes the all types of dividend that would be divided among the share holders. Therefore, declaration of dividend is not a part of liabilities and hence, involved in the Stockholder's equity section.

∴ There will be no increase in the  Ray's current liabilities as a result of the stock dividend declaration.

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Ballooshu, a large dairy cooperative, organizes its labor force into different divisions for the manufacture of butter, cheese,
diamong [38]

Answer:

B) Product departmentalization

Explanation:

Ballooshu is using product departmentalization because it is dividing the company according to product lines.

As a diarly cooperative, management probably believes that the most efficient form of organization is according to the products that it makes.

The cheese department will focus on producing cheese, the ice cream department will focus on making ice cream, the milk department will focus on the production of milk, and so on.

3 0
4 years ago
Fatima works in a bakery and earns $120 per week. Fatima’s grandfather has given her $5,000. Fatima is going to use this money t
Brums [2.3K]

1). The four factors that would be involved in Fatima's bakery business would be:

  • Land or the place where she would prepare and pack the cakes.
  • Labor who would be involved in the production of the cakes.
  • Capital that would be invested to incur the costs of the production.
  • Entrepreneurship is the 'art of employing innovation and risk-taking in the business for making profits.'

2). The opportunity cost of Fatima's decision to run her own bakery business would be her weekly earning of $120 per week as it is the cost of the most valuable forgone opportunity.

3). Fatima's business would assist the customers in meeting their 'wants' as she assists them in fulfilling their special and personalized demands for cakes for their various occasions like weddings, festivals, or birthdays and not for regular meals.

Learn more about 'opportunity cost' here:

brainly.com/question/13036997

6 0
3 years ago
Which of these elements contributes toward globalization of the economy?
Shtirlitz [24]

Answer:

Use of foreign labor

Explanation:

A p E x Verified

5 0
3 years ago
Read 2 more answers
What is the simple interest earned on $2200 at a 4.6% interest rate for 3 years? Round your answer to the nearest cent
Vlad1618 [11]
It would be $303.60 simple interest earned
5 0
3 years ago
Low rates of capacity utilization in service organizations are never appropriate. Group of answer choices True False
Ipatiy [6.2K]

Answer:

False

Explanation:

The capacity utilization rate is found by dividing used capacity by the total capacity operating level.

Since services cannot be stocked, the ideal scenario would be to operate at full capacity every single day, but that is not possible. I'm not sure if there is any service company in the world that operates at full capacity all the time, not even Magic Kingdom or Disneyland.  

But that doesn't mean that it is always bad to operate at low capacity levels, since every service company must regularly perform maintenance operations, e.g. a hotel must be painted and other repairs must be made.

Also, many services are seasonal, e.g. you do not sky all year long, only during winter, and the opposite applies to the beaches and other parks.

5 0
3 years ago
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