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Jobisdone [24]
3 years ago
15

The board of directors of Capstone Inc. declared a $0.90 per share cash dividend on its $2 par common stock. On the date of decl

aration, there were 41,000 shares authorized, 20,000 shares issued, and 7,000 shares held as treasury stock.What is the entry when the dividends are declared?
A. Dividends 11,700 Dividends Payable 11,700
B. Dividends 11,700 Cash 11,700
C. Dividends 36,900 Dividends Payable 36,900
D. Dividends 18,000 Cash 18,000
Business
1 answer:
Bas_tet [7]3 years ago
6 0

Answer:

A. Dividends 11,700 Dividends Payable 11,700

Explanation:

The journal entry to record the dividend declared is shown below:

Dividend A/c Dr $11,700

     To Dividend payable $11,700

(Being the dividend is declared)

The computation is shown below:

= (Number of shares issued - treasury stock) × cash dividend per share

= (20,000 shares - 7,000 shares) × $0.90

= 13,000 shares × $0.90

= $11,700

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olga_2 [115]

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$9600 / 12 = $ 800 per month

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800 + 444.44 = $ 1244.44 monthly peyment

4 0
2 years ago
What factors will determine the sizes of the​ shortages? The extent of the excess demand implied by the shortages will depend on
Juliette [100K]

Answer:

The answer is: C) the elasticity of​ demand, where the shortages will be larger if demand is more inelastic.

Explanation:

When the demand for a product is completely inelastic it means that the quantity demanded for that product will be the same whether its price increases or decreases. Rarely any product is completely inelastic, but inelasticity shows a tendency of buyers to keep buying a product even if its price rises, for example gasoline.

Inelastic products don´t follow the law of supply and demand, since the price doesn´t alter the demand.

If suppliers can produce enough goods (product shortages) and the quantity demanded stays the same, the price will rise. But if the demand for the product is inelastic then the shortage will get worse since every time more people will want to buy the product and their will be less product to buy.

6 0
3 years ago
In the movie contract, which side was the more successful negotiator? Can you think of any terms that either party left out? Are
Sergio039 [100]

In the movie contract, the artist side was the most successful navigator. The party may be left out if the artist contract with the another film.

<h3>Who is navigator?</h3>

A negotiator is a person that either gets to an agreement with another person or assists others in reaching an agreement.

When two people can't correspond on something then, it's essential to call in a mediator. When two institutions unite, they can employ a negotiator to support them iron out the terms of the deal.

The artist was a more successful negotiator in a movie contract because he/she had spelled out all of the possible provisions for acting in a film. More conditions may have been included by the producer to bind the artist to the contract.

The producer may have added the following provisions to the movie contract before signing it. It includes that, If an artist arrives late on set, the producer has the authority to remove a penny from the artist's remuneration, and

If it is discovered that an artist has signed other film contracts, he or she will be held accountable for damages.

All the decisions should be made in a good faith by the artist and  producer. If the provisions were stated at the time of negotiation by both the parties.

Therefore, the reasonable word means the usual and the ordinary circumstances.

Learn more about the navigator, refer to:
brainly.com/question/8888625

#SPJ1

4 0
2 years ago
One characteristic of a run-of-paper (ROP) advertising rate to a newspaper:____.
beks73 [17]

Answer:

a. is that the advertiser has no control over where the ad appears in the newspaper.

Explanation:

Run-of-paper (ROP) is another term for advertisement in the newspaper. The main feature of this type of advertisement is that it costs very low and the ad can be placed anywhere on the paper.

The ad is placed by the editors and publishers where they believe it would be best suited in the paper. This means that the advertisers have no control over where the ads are posted in the paper. The only option the advertisers have is to decide on the size of the ad.

8 0
2 years ago
You are constructing a test of knowledge of research methods. In doing so, you use your textbook for this class to devise 100 tr
ladessa [460]

Answer:

<em>Face validity</em>

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Face validity applies to the great extent in which an evaluation or measure tends to subjectively assess the component or construct to be measured.

In certain utterances, face validity is when an evaluation or test happens to be doing what it claims to be doing.

5 0
3 years ago
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