Answer: The answer has been provided below
Explanation:
From the information given in the question, the number of shares that are allotted as stock dividend will be:
= 44,000 × 11%
= 44,000 × 0.11
= 4840
Stock dividend:
= 4840 × $19
= $91960
The common stock dividend shared:
= 4840 × $11
= $53240
Answer:
b. Cognitive Dissonance.
Explanation:
Cognitive dissonance can be defined as the discomfort which is caused by the post-purchase conflict. When consumers buy something, they feel satisfied with their purchase, however, every purchase involves some trade-off and compromises. Customers certainly feel unhappy on acquiring the drawbacks of the bought product and losing the benefits of the products not purchased. Consequently, consumers feel some discomfort and post-purchase dissonance for almost every purchase they make. The same phenomenon can be observed in this scenario where Sheri has enrolled in the MBA program at Macatawa State University and feeling cognitive dissonance afterwards.
The Auditing Standards Board has concluded that analytical procedures are so important that they are required during planning and completion phases.
The American Institute of Certified Public Accountants has designated the Auditing Standards Board as its senior technical committee for the purpose of issuing standards, guidelines, and auditing, attestation, and quality control statements to certified public accountants for audits of non-public companies.
The Auditing Standards Board (ASB) provides certified public accountants with standards, guidelines, and auditing, attestation, and quality control statements (CPAs). It is the senior technical committee of the AIPCA and is in charge of creating generally recognized auditing standards (GAAS) for private enterprises.
Learn more about Auditing Standards Board (ASB) here
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Answer:
The answer is: -$11,000
Explanation:
The amount of investing cash flows Ferrell Incorporated would report in January should be -$11,000. It is the amount that Ferrell paid in cash. 80% of the purchase or $44,000 is financed by Live Bank and, therefore, will not be included in the investing cash flows. The minus is included because it is an outflow. Because Ferrell Incorporated also obtained permit in January, there is no depreciation in the first month of ownership.
