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schepotkina [342]
3 years ago
11

Novak Corp. has 44,000 shares of $11 par value common stock outstanding. It declares a 11% stock dividend on December 1 when the

market price per share is $19. The dividend shares are issued on December 31.
Required:
Prepare the entries for the declaration and issuance of the stock dividend.
Business
1 answer:
Aleonysh [2.5K]3 years ago
3 0

Answer:

in my best defence, the answer is 22

Explanation:

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Dmitri has insurance with Hysterical Coverage Insurance Company, Inc. (Hysterica Coverage). Dmitri has a wreck with Susie. The a
VLD [36.1K]

Answer:

For this situation agent isn't right in any way. The back up plan should acknowledged the essential duty to pay for all the harms that are brought about by the Dmitri. As this isn't an instance of misrepresentation as the safety net provider would consent to pay on the behalf of Dmitri on the off chance that he failed to pay.

6 0
3 years ago
Both production lines can produce all the different types of nozzles. The bronze machines needed for the bronze sprinklers requi
dsp73

Answer:

Demand for plastic sprinklers for year 1 Year 2 Year 3 and Year 4 is 98 (33 + 14 + 51) , 111 , 133, 136.  

Explanation:

The Production line capacity requirement for the next four years will be equal to the demand for the next four years. The production line needs to meet the annual demand for the plastic sprinklers. The production line is extended and economies of scale is introduced with helps the company save additional cost of extension in the production line.

5 0
3 years ago
On January​ 1, 2018, Jordan Company acquired a machine for​ $1,090,000. The estimated useful life of the asset is five years. Re
anyanavicka [17]

Answer:

$206000.

Explanation:

Given: Asset purchase value = \$ 1090000

          Residual value after five years= \$ 60000

          Estimated useful life of asset= five years.

Now, we will calculate depreciation per year using straight line method.

Depreciation= \frac{(purchased\ value\ of\ asset - residual\ value)}{estimated\ useful\ life\ of\ asset}

⇒ Depreciation = \frac{(1090000 - 60000)}{5} = \frac{1030000}{5}

∴ Depreciation expense per year = \$ 20600

3 0
3 years ago
Bayside Marina just announced it is decreasing its annual dividend from $1.48 per share to $1.45 per share effective immediately
sleet_krkn [62]

Answer:

the stock price <u>has decreased in the same proportion as the dividend. </u>

Explanation:

Since we are told that the dividend yield remained the same, and the dividend decreased by 2.03%, we know that the price of the stock decreased by 2.03%.

= [($1.45 - $.148) / $1.48] x 100 = -2.03%

5 0
3 years ago
For each part below, write a short essay (around 8 sentences) to provide arguments for and/or against the claim presented in tha
9966 [12]

Explanation:

a) A free market would allow the laws of demand and supply to flourish; prices of commodities will be set by manufacturers based on demand. However, Government regulations which interfere with the free market is going to result in feeling the pain of monopoly.

b) Indeed, the price mechanism when controlled by the government can result in efficient provision of public goods.

One such example of a public good ls PMS (premium motor spirit) used as petrol in most vehicles. Controlling the price of petrol by the government in most cases helps avoid excessive charges from petrol stations per pump price.

4 0
3 years ago
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