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Ksivusya [100]
3 years ago
8

Mustang Corporation had 100,000 shares of $2 par value common stock outstanding. On December 31, 2015, the company's board of di

rectors declares a 20 percent stock dividend. This stock dividend will be distributed on January 20, 2016 to the stockholders of record on January 15, 2016. The market price of the company's stock is $10 per share on December 31, 2015. Required:Complete the necessary journal entry to record the declaration of the stock dividend by selecting the account names and dollar amounts.
Business
1 answer:
Lynna [10]3 years ago
6 0

Answer:

December 31, 2015

DR Retained Earnings $40,000  

       CR Common Stock Dividend Distributable   $40,000

<em>(To record declaration of stock dividend)</em>

 

Working

Common Stock Dividend Distributable

= No. of shares * Par value * % stock dividend

= 100,000 * 2 * 20%

= $40,000

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Answer:

All answers are correct except Money Supply

Explanation:

Fiscal policy affects aggregate demand through government spending and taxes. Government may increase taxes to increase revenue or discourage the consumption of a product. On the flipside, they may reduce taxes to stimulate spending, redistribute income, increase aggregate demand among other objectives.

Money supply is a monetary policy and it is used by the central bank to achieve certain objectives (reduce inflation, stimulate growth, increase demand, etc.)

Government spending is a fiscal policy that government uses to achieve a set of objectives (i.e. to supply goods and services that are not provided by the market or private sector – construct bridges, provide health facilities, social programmes for the poor among others).

Taxes – Tax is a fiscal policy tool used by the government to generate revenue, encourage or discourage the consumption of certain products or affect aggregate demand through income redistribution.  

Trade policy could be in the form taxes (i.e. tariffs, import duties, custom duties among others). Trade policy is a fiscal policy as government can use it to control aggregate demand by placing embargo on the importation of certain products to reduce the demand of such products in the local economy.

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3 years ago
a common measure of implicit attitudes is the task. this assesses how quickly a person can label the valence of an attitude obje
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"Evaluative priming" refers to how quickly a person can identify an attitude object's valence when it appears right after a positive or negative image.

<h3>Define the term evaluative priming?</h3>

A technique known as a "evaluative priming exercise" (EP) uses phrases or images to prime participants before asking them to sort the words (or images) onto categories to uncover the underlying links between concepts.

  • A measure of implicit attitude based on the fact that the speed of evaluating a target attitude object is accelerated by a prime (i.e., this same prior presentation of a different attitude object)
  • Evaluatively consistent the with target and inhibited by such a prime which is evaluatively inconsistent also with target.

Thus,  the task is a typical indicator of implicit sentiments. "Evaluative priming" measures how quickly a subject can categorize the valence of the an attitude item when it appears just after a favorable or unfavorable image.

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6 0
1 year ago
When a firm or store offers a price reduction to customers who buy during off-peak periods throughout the year, we say the firm
german

Answer:

Seasonal.

Explanation:

A trade discount can be defined as a reduction in the price of goods given by a manufacturer to a wholesaler or retailer when they buy units of goods in larger quantities. This ultimately implies that, a trade discount is a percentage reduction in price given by a manufacturer to a wholesaler or retailer in order to encourage them to buy the goods in larger quantities and thus, increase revenue and profits.

Also, a seasonal discount can be defined as a reduction in the price of goods given during off-peak periods (off-season) in order to encourage customers to purchase a particular product.

Hence, when a firm or store offers a price reduction to customers who buy during off-peak periods throughout the year, we say the firm is giving a seasonal discount.

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1. A public relations manager plans to delegate crisis communications responsibilities to a subordinate. What characteristic wil
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The characteristic that the manager needs to assess of the subordinate prior to delegating responsibilities is:

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<h3>What is Situational Leadership?</h3>

Situational leadership is seen when a manager delegates tasks based on the performance readiness of his staff.

The performance readiness in this case combines the ability of the person receiving the task and their willingness to execute the assigned task.

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2 years ago
when firms manage the return of goods from consumers either because they are defective or for recycling purposes, they are invol
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Reverse logistics is the process by which businesses handle the return of consumer items for recycling or because they are defective.

Supply chain management that sends goods back from buyers to sellers or producers is known as reverse logistics. Reverse logistics are needed for procedures like returns or recycling after a customer receives a product. Reverse logistics begin at the customer and work their way backward through the supply chain to the producer or the distributor. Reverse logistics can also refer to procedures where the customer is in charge of the product's final disposal, such as recycling, refurbishing, or resale.

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1 year ago
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