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guapka [62]
3 years ago
5

The board of directors of Blue Spruce Corp. declared a cash dividend of $2 per share on 42000 shares of common stock on July 15,

2017. The dividend is to be paid on August 15, 2017, to stockholders of record on July 31, 2017. The correct entry to be recorded on August 15, 2017, will include a _________.
Business
1 answer:
lyudmila [28]3 years ago
3 0

Answer:

Dr Dividends payable ($2*42000) $84000

Cr Cash                                                          $84000

Explanation:

Initially,on July 15 2017, the necessary entries would be to debit retained earnings and credit dividends payable with $84000 to show that the company owes the shareholders dividends.

On the payment date, the entries would to debit dividends payable and to record outflow of cash used in making the dividends payment,hence cash or bank account is credited as a decrease in cash and corresponding entry posted to dividends payable.

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Answer:

1. Processing time:

Processing time = Theoretical time

Processing time is there for 6 minutes

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2. Manufacturing Cycle Efficiency (MCE):

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3 years ago
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Answer:

Expected contribution as per sales mix = $37*0.60 + $50*0.40

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Total number of products in total at break even point = Total fixed cost / Contribution per unit

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How many units each of Super and Supreme must Adams sell to break even?

<u>According to sales mix:</u>

Super = 5,400 * 60% = 3,240 units

Supreme = 5,400 * 40% = 2,160 units.

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3 years ago
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nikitadnepr [17]

Answer:

"Zero point zero zero zero three five four"

Explanation:

When you say the numbers after the decimal, you read each digit separately.

This is opposed to the number before the decimal, where you read the numbers together. (For example, 45.56 is forty-five point five six).

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