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djverab [1.8K]
3 years ago
14

Hutter corporation declared a $0.50 per share cash dividend on its common shares. the company has 25,000 shares authorized, 12,0

00 shares issued, and 10,000 shares of common stock outstanding. the journal entry to record the dividend declaration is:
Business
1 answer:
Sergio [31]3 years ago
3 0
25,000 shares authorized
12,000 shares issued
10,000 shares of common stock outstanding
0.50 per share cash dividend on its common stock outstanding

Declaration of dividends on its common shares.
10,000 * 0.50 = 5,000
                                           Debit        Credit
Retained Earnings                  5,000
             Dividends Payable                   5,000

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The Fairmont Hotels chain of hotels and resorts has a practice of inputting information about a guest's preferences into a datab
Aleksandr [31]

Answer:

Touch points

Explanation:

Touch points of a business are the points at which there are contact with the customer in the course of a business providing service to the customer.

For example a customer may encounter a business brand on its website, through add, or calls to its customer service.

In the given scenario Fairmont Hotels inputs information about a guest's preferences into a database, which is referred to by the employees the next time the guest returns to the hotel.

This is a record of touch points with customer to guage how to give him better service in the future

4 0
3 years ago
Lori purchased a home for $250,000 with an additional $5,000 in related purchase costs and then added a garage at a cost of $25,
Tanzania [10]

Answer: $10,000

Explanation:

If you purchase a house and pass the ownership test of having lived in the house for at least 2 years in the past 5, you can exclude $250,000 from the capital gains as a single person.

Lori passes the ownership test and so can claim the tax exclusion.

Capital gain:

= Cash received - Purchase costs

= (575,000 - 35,000) - (250,000 + 5,000 + 25,000)

= $260,000

After claiming exclusion of $250,000

= 260,000 - 250,000

= $10,000

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3 years ago
12. An account having a credit balance in general ledger will be classified as:
vodka [1.7K]
I believe it’s all of the above
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3 years ago
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Suppose the classical linear model assumptions hold, and the population model for log(wage) is given by:
USPshnik [31]

Answer:

Throughout the clarification segment down, the definition including its concern is explained.

Explanation:

The query presented seems to be incomplete. Please notice the full issue attachment below.

  • The classical model relies on either the calculation as well as assumption of "finite sample," suggesting that perhaps the amount of measurements "n" is defined.

Present work does not affect salary seems to be:

⇒ H₀ : B₃ = 0

  • One side of the alterbate theory would be that ceteris paribus, duration at current employment seems to harm incomes.

It is possible to state everything as:

⇒ H₁ : B₃<0

3 0
3 years ago
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