No. of shares outstanding before stock dividend = 634000
Price per share = $46
Stock dividend issued (shares issued) = 634000 x 13%
= 82,420
Value of stocks issued as stock dividend = 82420 x $46 = $3,791,320
No. of shares outstanding after stock dividend = 634,000 +82,420
=716420
Cash dividend = 716420 x 0.60
= 429,852
Total reduction in retained earnings = total value of dividend issued
= $3,791,320 + $429,852
= $4,221,172
Answer: brave,strong, funny, short, smart, unique, beautiful, amusing, pretty
Explanation:
Answer: $13,000
Explanation:
Given that,
Beginning inventory = $10,000
Inventory purchased = $8,000
Ending inventory = $5,000
Company uses the periodic inventory method,
Cost of goods sold = Beginning inventory + Inventory purchased - Ending inventory
= $10,000 + $8,000 - $5,000
= $13,000
Answer:
Just-in-time inventory method
Explanation:
Just-in-time inventory method accurately forecasts demand for a good or service, so that it requests only for inventory it uses in production process. This method is aimed at reducing inventory storage cost and other expenses associated with having excess inventory on hand.
This method results in smooth operation at reduced cost. To be successful the business must accurately predict demand, and react fast to meet supply obligations.
Answer:
In groups
Explanation:
Brainstorming is a problem-solving technique where members of a group are encouraged to contribute ideas that could solve the problem at hand. There are right or wrong proposals. Every suggestion is discussed extensively.
Brainstorming allows for deliberations on diverse possible solutions to a problem. The idea that is acceptable by all members is considered the group's decision.
