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love history [14]
3 years ago
11

Fisher Company has 1,000,000 share of common stock with a par value of $10. Additional paid-in capital totals $10,000,000 and re

tained earnings is $12,000,000. The directors declare a 6% stock dividend when the market value is $5. The reduction of retained earnings as a result of the declaration will be:
A. $0.
B. $300,000
C. $600,000
D. $500,000.
E. None of the answers are correct.
Business
1 answer:
aleksley [76]3 years ago
8 0

Answer:

B. $300,000

Explanation:

The computation of the reduction of retained earning amount is shown below:

= Number of shares of common stock × stock dividend percentage × market value

= 1,000,000 shares × 6% × $5

= $300,000

Since the dividend amount is adjusted while computing the ending balance of retained earning balance and the same is to be considered in the computation part.

All other information which is given is not relevant. Hence, ignored it

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Arte-miy333 [17]
The best answer among the following choices would be B) Use a simple, easy-to-read font and decorate the border with formulas, images of planets, and books because if we do process of elimination, its not D) because without images most people wont really see the picture of what you're trying to advertise, not C) because the color green for trees has nothing to do with more chances of more people seeing your ad for a sale, and not A) because even though attractive posters bring in more people, too much attraction can draw them away from your advertisement.
5 0
4 years ago
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If a business adopts a low-cost strategy, it should build a supply chain with ________. Question 43 options: 1) product developm
Alik [6]

Answer:

5) minimized inventory

Explanation:

If a company adopts a low-cost strategy, it must build a supply chain with minimized inventory, which configures that the company is adopting a just-in-time management strategy, which is an administration system whose philosophy is a production system according to demand, avoiding wasted stock and, consequently, unnecessary costs.

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3 years ago
Goods made to order are typical of ________ and ________ approaches while goods made to forecast are typical of ________ and ___
liberstina [14]

Answer:

D. Repetitive, product product, process; repetitive, mass customisation.

Explanation:

The goods based on order will have it's qualities speficied and this may equally varies for each ofl the orders though they may go through the same process. Goods produce based on market forcast will be produce enmass based on the forcasted needs of the Consumers, while repeating the same process.

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3 years ago
How much money did the betty white challenge raise.
jeka94

Answer: On Monday, Jan. 17, which would have been White’s 100th birthday, fans honored her legacy by donating $5 each to animal rights groups for what has been dubbed the #BettyWhiteChallenge. The challenge was a massive success, with hundreds of thousands of dollars raised for shelters, zoos, and animal rights organizations across the country.

Explanation: Hope this helps :)

8 0
3 years ago
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A semiprofessional baseball team near your town plays two home games each month at the local baseball park. They split the conce
Finger [1]

Answer:

c. 41

Explanation:

The first thing we need to do is evaluate the monthly costs of the team:

Monthly Costs: $100 for the park, $1,000 for the salaries.

Total: $1,100

They play 2 local games per month, so they have costs of $550 / local game.

Now, for each ticket they sell, they get $10 for the ticket and $3.50 in concessions. Assuming these are net money from the concessions, not just sales.  So, for each ticket sold, they get $13.50 in revenues.

To cover their $550/game costs they need to sell...

550 / 13.50 = 40.74 tickets... so 41 tickets are needed to cover those monthly costs.

7 0
3 years ago
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