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3 years ago

Which of the following statements about property dividends is not true?

Business

1 answer:

weqwewe [10]3 years ago

3 0

Answer:

c. The accounting for a property dividend should be based on the carrying value (book

value) of the non-monetary assets transferred.

Explanation:

As per the Generally Accepted Accounting Principles which states the basic laws for accounting any transaction, states that,

The property dividends that is dividend distributed not in cash but dividend in the form of property like land and building, securities, other assets, etc: shall be recorded at net fair value.

These dividend are not recorded at carrying book values of the property given.

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What words come to mind, both positive and negative, when you think about budgeting?

Svetlanka [38]

Answer:

Positive:

-Managing money

-Saves money for other things

Negative:

-May be hard to budget if you need a lot

Hope this helps! These are just what come to mind in my opinion.

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2 years ago

Human resource (HR) management includes activities such as: A. Analyzing competitors B. Disciplining, promoting, transferrin

natita [175]

Answer:
The answer is B. Disciplining, promoting, transferring, and demoting.

Hope This Helps!
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3 years ago

Suppose a company is financed with $20 million of equity and $60 million of debt. That is, the company obtained $20 million from

alexgriva [62]

Answer:

Existing Equity = 20 million

Existing debt = 60 million

Total capital = 20 million + 60 million = 80 million

a. Given company issued 30 million of equity to retire debt

Equity after raise = $20 million + $30 million = $50 million

Debt = $60 million - $30 million = $30 million

Total capital size remain at $80 million

Capital structure, Equity = $50 million/$80 million = 0.625 = 62.50%

Debt = (1-0.625) = 0.375 = 37.50%

b. The market would welcome the new issue as the risk of the firm would be reduced.

6 0

3 years ago

Which types of postsecondary education are examples of traditional academic education? Check all that apply.

SOVA2 [1]

Associate degree is a 2 year college degree & a Bachelors’s degree. They would be considered a traditional education.

An apprenticeship studies under a master of a trade.

A technical school degree is training in a field specific to what you want to get a job in, like air conditioning repair.

5 0

3 years ago

Rayya company purchases a machine for $105000 on january 1, 2019. Straight-line depreciation is taken each year for four years a

klio [65]

Answer:

Journal entry For Depreciation

Date Account and explanation Debit Credit

July 1 Depreciation expense $7,500

(105000/7)*6/12

Accumulated depreciation-Machine $7,500

(To record Depreciation)

1) Journal entry

Date Account and explanation Debit Credit

July 1 Cash $45,500

Accumulated depreciation-Machine $67,500

Machine $105,000

Gain on Sale of Machine $8,000

(To record sale of Machine)

2) Journal entry

Date Account and explanation Debit Credit

July 1 Cash $25,000

Accumulated depreciation-Machine $67,500

(105000/7*4.5)

Loss on sale of machine $12,500

Machine $105,000

(To record sale of Machine)

6 0

3 years ago