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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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The worker-misperception explanation of the SRAS curve is used to explain why a. SRAS curves shift to the left b. the SRAS curve
8090 [49]

The SRAS curve slopes upward.

  • We can understand how each firm in an economy reacts to price stickiness using the short-run aggregate supply curve (SRAS). The SRAS curve will have an upward slope when prices are stable. According to the SRAS curve, more output results from higher price levels.
  • The SRAS curve will move to the left as the cost of such inputs rises, signaling that, at each level of output price, greater input costs will discourage production because they will make it more difficult to turn a profit.
  • The SRAS curve moves to the right as productivity increases because more productive businesses can generate more output at all pricing points.

Thus this is the answer.

To learn more about SRAS curve, refer:brainly.com/question/26875448

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8 0
2 years ago
Who likes pickles............................
brilliants [131]
The company national and the company branstons I dont like them
7 0
3 years ago
Read 2 more answers
What are the two related, but distinct processes involved in approach-oriented emotion-focused coping??
Alekssandra [29.7K]

Answer:

Emotional Processing and Emotional Expression

Explanation:

In order to respond to emotional situations, two approaches are involved in approach-oriented emotion-focused coping:

<em>i) Emotional processing: </em>reflects how individuals process stress related events and move past them. In the event of re-occurrence of the events, the individuals will not be as disrupted as when the instance first occurred.

<em>ii) Emotional expression: </em>entails communicating and sharing emotions expressly i.e. whether verbally or non-verbally. Expressive writing on emotional disclosure e.g by use of journals, is known to help individuals to overcome previous depressive symptoms.

3 0
4 years ago
The Stinson family owns a farm. Three alternatives exist for how to use the farm: a) Grow wheat. Wheat yield would be 70 bu/acre
Lesechka [4]

Answer:

Following are the solution to the given questions:

Explanation:

Please find the complete question in the attached file.

In this question, the Stinsons would prefer the most profitable alternative  

Formula:

Profit = Income - Costs = (price \times  amount) - Costs \ of \ production

In point A:

\to Profit = (70 \times \$3.5) - \$140

              = \$245 - \$140\\\\ = \$105 \ / \ acre

In point B:

\to Profit = (50 \times \$2.5) - \$150

              = \$125 - \$150\\\\ = - \$25 \ / \ acre \ (Loss)

In point C:

\to Profit = \$80 - \$35=\$45 \ / \ acre

5 0
3 years ago
The manager of Gloria's Boutique has approved Carla's application for 24 months of credit with maximum monthly payments of $70.
bonufazy [111]

Answer:

C) $1,455.08

Explanation:

Formula = M = [P (1 + r)^n * r] / [(1 + r)^n - 1]

Putting the figures in the formula =

$70 = P [(1 + 0.142/12)^24 * 0.142/12 ] / [(1 + 0.142/12)^24 - 1]

=> $70 = P (1.326209535) * 0.142/12 / 0.326209535

=> $70 = P * 0.0156934795 / 0.326209535

=> P = $1455.08

So, the maximum initial purchase that Carla can buy on credit = $1455.08

4 0
4 years ago
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