A dividend is a payment made by a corporation to its shareholders, usually as a distribution of profits. When a corporation earns a profit or surplus, the corporation is able to re-invest the profit in the business (called retained earnings) and pay a proportion of the profit as a dividend to shareholders.
Your insurance carrier might have to raise your rates to pay for the vehicle's damage or medical if a person involved needs it.
Answer:
Debit Rent expense and credit prepaid rent for $3,250.
Explanation:
When rent is paid in advance, cash is exchanged for another asset known as prepaid expense. This entry is recorded as
Debit Prepaid expense
Credit Cash account
As the rent is used up, the entries required are;
Debit Rent expense
Credit Prepaid expense
Hence as at January 31, rent expense incurred
= 1/12 × $39,000
= $3,250
Answer:
The answer is: Expected return
Explanation:
Expected return refers to the estimated profit (or loss) than an investment will yield considering that the investor knows the potential rates of return (RoR) of that investment.
To determine the expected return, the investor multiplies the potential RoR of the investment by their chances of occurring.