Answer:
<u>Germany</u> and <u>Japan</u>
Explanation:
Financial intermediaries refer to the institutions which serve as a link between spenders and savers. Examples of financial intermediaries are banks, investment banks, pension funds, etc.
Securities markets refer to the markets which deal with the issuance of equity, debt and derivatives securities. Such issue of securities facilitates the raising of capital by businesses.
Direct finance usually takes place in capital markets dealing in securities with maturity period of more than an year, such as equity and bonds.
Indirect finance takes place through financial intermediaries such as banks, pension funds, etc. Such intermediaries remove the operation of middlemen between lenders and borrowers.
Germany and Japan have utilized their nation's bank credit based financial system.
Answer:
On November 27
Debit Retained earnings $12,750
Credit Dividend payable $12,750
<em>(To record the dividend declared)</em>
On December 24
Debit Dividend payable $12,750
Credit Cash $12,750
<em>(To record dividend paid) </em>
Explanation:
- Dividends on gains on shares bought by the shareholders. They arise due to appreciation in share price and improvement in company's net income.
- The dividend payable was calculated as $.5 x 25,500 shares = $12,750.
- Dividends are usually paid out of retained earnings.
- The dividend payable account is debited when payment is to be made.
Answer:
Expected unit sales.
Explanation:
Production budget can be defined as a report or plan that measures the amount of units that will be produced during a particular period of time. It is used by manufacturers to measure what it would cost to manufacture a particular product.
Production budget is used by managers of different organisations to estimate the number of units that they have to produce in future periods which would be in the basis of the future estimated sales numbers. Managers also utilize this report as a planning tool for future production development, machine times, and planning.
Answer:
A Growth miracle can be something that tremendously changes your buisness in a good way. A Growth Disaster can be something that sets a company back to square one such as overdue bills or drowning in debt.
Explanation:
Answer:
A) $6,745.20
Explanation:
The total warrant liability should equal to the number of units sold times the estimated warranty repairs per unit = 2,044 units sold x $11 per unit = $22,484
Current year's warranty expenses = total warranty liability x 30% = $6,745.20
Research company must debit $6,745.20 to the warranty expense account (which is included in the income statement).
