All categories

4 years ago

When does a corporation record an increase in Dividends Payable?

Business

1 answer:

Gnoma [55]4 years ago

4 0

Answer:

B. On the declaration date

Explanation:

Dividend payable are usually advised by management but must be ratified by the shareholders (usually in the annual general meeting) for such to be come recognizable in the books. The date of ratification is the declaration date

As such a corporation record an increase in Dividends Payable on the declaration date.

The right option is B. On the declaration date

You might be interested in

As a result of immigration, the demand for labor would _______, thesupply of labor would ______, and the real wage would _______

otez555 [7]

Answer:

The correct answer is option c.

Explanation:

As a result of immigration the population will increase. This will further cause the supply of labor to increase. The increase in supply of labor will further lead to a rightward in the labor supply curve. Consequently, wage rate will fall.

The demand for labor will not be affected by influx of workers.

So, option c is the correct answer.

6 0

4 years ago

Bill is a yacht broker in the southeastern United States. For years he has had difficulty selling large yachts locally because t

Phoenix [80]

Answer: OPTION D

Explanation: In simple words, competitive parity products refers to those products which are necessary for an organisation to have in their operations so they can effective compete with other participants in the market.

In the given case, Bill was having problem regarding selling Yachts as he did not have any space, Thus, due to lack of one product he was having difficulty in operating the business of some other product.

Hence yachts and docks are an example of competitive parity products.

3 0

3 years ago

Read 2 more answers

Your company provides diversity training programs to ensure that employees realize the importance of working with a diverse work

mamaluj [8]

Answer: The answer is that motivation is influenced by the value attached to an outcome by an individual's.

Explanation:

Motivation can be defined as the process of arousing the interest of the subordinates towards the achievement of a desired objectives of the organization. The expectancy theory is of the view that an individual will be motivated to perform well as a result of the value attached to an outcome by such an individual known as the valence for the outcome and the probability that it will occur. In the expectancy theory, two probabilities are important, these two probabilities are that, effort will in fact produce the desired performance and that this level of performance will produce the desired outcomes and rewards.

The reinforcement theories on the other hand, explain that an individual tend to exhibit some behaviour when they had been involved in some actions. It shows that an individual will do some action when the result for such an action performed is seen to be positive,but will be unwilling to show some level of interest and enthusiasm in their participation in some actions when they see that the result for such an action is negative. This theory is however, of the view that the positive result that comes out of the actions performed by an individual is capable of influencing a change in the behaviour of such an individual's .

Therefore, we can conclude from the two theories that, employees are not really motivated to perform well in the training program because they do not attached any value to the outcome of the training program.

5 0

3 years ago

Prepare summary journal entries to record the following transactions for a company in its first month of operations. Raw materia

Whitepunk [10]

Answer:

Journal Entries

Raw Materials $108,000 (debit)

Accounts Payable $108,000 (credit)

Being purchase of Raw Materials on Account

Work In Process ; Direct Material Cost $44,000 (debit)

Work In Process ; Indirect Material Cost $19,800 (debit)

Raw Materials $63,800 (credit)

Being Raw Materials requisitioned for Production

Work In Process ; Direct Wages and Salaries $46,000 (debit)

Work In Process ; Indirect Wages and Salaries $24,000 (debit)

Cash $70,000 (credit)

Being Wages and Salaries Paid in Cash

Overheads $8,750 (debit)

Cash $8,750 (credit)

Being Cash paid for Overheads

Work In Process $55,200 (debit)

Overheads $55,200 (credit)

Being Overheads Applied to Work In Process at 120% of direct labor cost

Finished Goods $86,000 (debit)

Work In Process $86,000 (credit)

Being Goods transferred to Finished Goods

Trade Receivable $123,000 (debit)

Revenue $123,000 (credit)

Being Sale of Jobs on Account

Cost of Sales $86,000 (debit)

Finished Goods $86,000 (credit)

Being Cost of Jobs Sold

Explanation:

Costs incurred for Manufacturing are accumulated In the Work In Process Account.

This account is de-recognized as the goods are transferred to Finished Goods.

The Finished Goods Inventory Account is then de-recognised as the Jobs are sold to the Customers.

7 0

3 years ago

Explain how to identify fraudulent links in emails.

Harrizon [31]

Don’t open any at all, scammers only get smarter

6 0

3 years ago

Read 2 more answers