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3 years ago

The entry to record the distribution of the stock dividend would include

Business

1 answer:

Iteru [2.4K]3 years ago

4 0

The correct answer is B. A debit to common stock distributed.

<em>The entry will be stock dividends debit, paid-in capital which is in excess per common credit stock, stock dividends which are being distributed.</em>

In credit entry it records distribution and declaration of stock dividend which includes the debit to the retained earnings and also a credit to the common stock.

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Corporate financing comes ultimately from:_______

zhannawk [14.2K]

Corporate financing comes ultimately from savings by households and foreign investors.

Option b

<u> Explanation: </u>

The respective government will formulate the corporate financing policy according to the economic need of the country. The economic policies will also device the rules and regulations for the corporate financing either in the way of banking institution or by foreign investment.

Corporate financing done by the banking institution will have the contribution from savings of households and another type of funding is foreign investment which is carried out by joint venture agreement. This way the country’s economy will mainly depends on corporate financing.

3 0

3 years ago

Required information Kevan, Jerry, and Dave formed Albee LLC. Jerry and Dave each contributed $245,000 in cash. Kevan contribute

steposvetlana [31]

Answer: A: $0.None of the members recognize gain because their debt relief was not in excess of their bases in their LLC interest prior to any debt relief.

B: $55,000

C: $285,000

D: $625,000 Albee, LLC takes a $135,000 carryover basis in the assets Kevan contributes and a $490,000 basis in the total cash the other two members contributed.

Explanation: check attached file

3 0

3 years ago

Using the following information, prepare a vertical analysis of two years' income statements. Fees Earned is $153,500 for Year 2

ValentinkaMS [17]

Answer:

(B) Operating income has increased as a percentage of revenue

Explanation:

Conducting a vertical analysis,

Operating income (year 1) = Fees earned, less operating expenses

= 149,700 - 127,245 = $22,455

Therefore operating income as a percentage of revenue = 22,455/149,700 = 15%.

Operating income (year 2) = 153,500 - 122,800 = $30,700

Therefore operating income as a percentage of revenue = 30,700/153,500 = 20%.

Therefore, operating income as a percentage of revenue increased from year 1 to year 2.

7 0

3 years ago

Click this link to view O*NET’s Work Styles section for Executive Administrative Assistants. Note that common work styles are li

statuscvo [17]

Answer:

1,2,5,6

Explanation:

Edge 2021

Hope this Helps! :)

3 0

3 years ago

Employees who record and are paid for the exact of amount of time spent working are paid on a(n) _____ basis.

Greeley [361]

Hourly basis. Salaried employees are paid a flat fee to get the job done.

6 0

2 years ago