Answer:
$6,000
Explanation:
The computation of the dividend amount distributed to preferred shareholders is shown below:
= Number of non-cumulative preferred stock shares × par value per share × dividend rate
= 10,000 shares × $10 × 6%
= $6,000
In the case of the non-cumulative preferred stock, if there are dividend arrears, the same is not paid.
Simply we multiplied the preferred stock share by the par value and the dividend rate so that the estimated value can come
I don’t get what your saying
But could u give more explanation
Learning strategy is the <u>independent </u>variable and word retention is the <u>dependent </u>variable.
A dependent variable is the thing that is being measured or tested by changes in the independent variable. Spurling wanted to test how word retention <em>depended </em>on different learning strategies.
Answer:
The MCB Manufacturing's total product costs is $170,560
Explanation:
The computation of the total product cost is shown below:
Total product cost = Indirect Labor + Direct Labor + Indirect Materials Used + Direct Materials Used + Factory Utilities + Factory Janitorial Costs + Manufacturing Equipment Depreciation
= $53,000 + $40,000 + $7,500 + $65,000 + $760 + $1,200 + $3,100
= $170,560
Thus, the product cost is that cost which includes all types of direct and the indirect costs which are used to ready the product.
Answer:
The normal balance of liabilities is a credit.
Explanation:
In the double entry system one account must be debited in order for the other to be credited.
There are different balances for each account. For the accounts with normal credit balance a credit causes it to increase while a debit decreases it.
For accounts with negative balance a credit reduces its balance while a debit increases its balance.
- Asset: Debit
- Expense: Debit
- Dividends: Debit
- Liability: Credit
- Owner’s Equity: Credit
- Revenue: Credit
- Retained Earnings: Credit
Liabilities are debt owed by a business. When payment is given out to settle a debt (a debit) it reduces to amount a business owes.
If more loans are collected (a credit) the liability figure increases.
So liability has a normal credit balance
