What are we supposed to do?
Answer:
Jia's fashions recently paid a $2 annual dividend
Jia's Fashions recently paid a $2 annual dividend. The company is projecting that its dividends will grow by 20 percent next year, 12 percent annually for the two years after that, and then at 6 percent annually thereafter.
Explanation:
Earning a profit may not be a companies only responsibility
Answer:
The correct answer is letter "C": Pay $250 per month until it’s paid off.
Explanation:
While paying a debt on a credit card, it is recommended for the cardholder to <em>select the shortest length for payoff</em> possible because choosing the largest implies adding more interest and fees to the debt.
In the example, if the principal -the quantity of debt without interest- is $1,000 and the cardholder decides to make $250 payments, it implies the debt will be paid off in 4 months ($1,000/$250 = 4). Then, that is the choice to select if the intention is paying less.
Explanation:
The journal entry to close the books is
Cost of Goods sold A/c Dr $1,200
To Manufacturing Overhead A/c $1,200
(Being the under-applied overhead is recorded)
Since the jobs were undercosted, that means the overhead is applied under overhead so we debited the cost of goods sold account and credited the manufacturing overhead account. Both the items are recorded for $1,200