Answer:
The number of new shares = 6
Explanation:
Dividend is the proportion of profit paid by a company to its shareholder as a form of return on their investment. Another form of return on share investment is the capital gain; which is the difference between the selling price of a share now and its cost when it was purchased.
<em>For Jodi, we need to first calculate the amount of dividends earned on the total shares she owns. And then divide the result by the current purchase price of a share to arrive at the number of shares she can buy more.</em> This is done as follows:
Total dividends = 112× 0.80 = $89.6
Current price of a share = $16.20
THe number of shares that can be purchased= 89.6/16.20=5.5
The number of new shares = 6
Business comunication main purpose is to improve organizational practices, eliminate silos, keep employees informed and reduce errors.
<h3>What is
Business comunication?</h3>
Business communication is the exchange of information between personnel both inside and outside of an organisation. The manner in which employees communicate and conduct themselves within a firm is critical to the company's success in the commercial world.
Business communication is critical for conveying clear, compelling signals about strategy, customer service, and branding. A company that is developing a brand sends out a consistent message that is suited to its target audience. Internal communication fosters rapport between employees and management while also encouraging teamwork and collaboration.
Clarity is a rule that every business must follow. Clarity is the first and most important rule of all business communication. The ideals of brevity and objectivity underpin business communication. The goal of business communication should always be consistency.
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Answer:
Skysong Corporation
Statement of Retained Earnings
Retained earnings balance January 1, 2020 $691,300
Add:
Adjustments to 2019 Income Statement $88,390
Net profits 2020 $1,552,100
Less:
<u>Dividends declared and distributed ($82,000) </u>
Retained earnings balance December 31, 2020 $2,249,790
Since the land purchase was recorded as maintenance expense by error, the 2019 income statement must be adjusted by adding that amount.
Answer:
Dr Factory Overhead 15,030
Cr Materials 3,040
Cr Wages Payable 5,340
Cr Utilities Payable 1,490
Cr Accumulated Depreciation—Factory 5,160
Explanation:
Preparation of Journal entry to record the factory overhead incurred during August.
Dr Factory Overhead 15,030
(3,040+5,340+1,490+5,160)
Cr Materials 3,040
Cr Wages Payable 5,340
Cr Utilities Payable 1,490
Cr Accumulated Depreciation—Factory 5,160
In a large open economy, the source of the demand for loanable funds comes from domestic investment and net capital outflow.
<h3>What is an Open economy</h3>
An open economy refers to a type of economy where not only domestic factors but also entities in other countries participate in trade of goods and services.
Trade in an open economy can be in the form of managerial exchange, technology transfers, and all kinds of goods and services.
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