Answer:
D. Has no effect on the Earnings Per Share for the Coming Year
Explanation:
The cash dividend declared and paid by ABC in January of the Current year represent dividend declared from the profitability of the previous year and as such it will have no effect on the calcuation of Earnings Per Share of the coming year. EPS is a measure to calculate the level of profitability of a company.
The formula for EPS
= (Net Income-Preferred Dividend)/ Weighted Average Shares Outstanding
A cash dividend on common stock only affects the determination of the Total/Weighted Average Common Shares Outsanding which is the denominator of the Formula for calculating Earnings Per Share. It is also important to state that the cash dividend that will affect the Total Average Common Shares is the the dividend declared for that year and not the previous year. Hence, the dividend of the previous year paid in January cannot affect the calculation of EPS for the coming year.
Answer:
Date Particulars Debit Credit
Inventory 40,000
Accounts Payable - Gita 30,000
Bank 10,000
Accounts Receivable - Jeewan 7,000
Sales 7,000
Cost of Goods sold 10,000
Inventory 10,000
Accounts Payable - Gita 15,000
Discount Received 1,000
Cash 14,000
Cash 6,500
Discount Received 500
Accounts Receivable - Jeewan 7,000
Explanation:
It is required to record journal entries of given transactions. It is shown on the question that transactions includes purchase, sales, cash receipts and cash payment. The first transaction describe that business purchase goods from Gita while in second transaction it shows the business sold goods on Credit. The third transaction indicates business paid cash to accounts payable and received discount. The fourth transaction indicates that business received cash from Jeewan a Receivable and received discount from them.
Answer:
b. incentives.
Explanation:
Incentives are what makes or motivates economic agents to adopt a particular behaviour.
The incentive here is the $1000 that would be given for each child born.
All things being equal ,the $1000 would motivate people to have more babies.
I hope my answer helps you
Answer:
the employee is able to return to his or her regular job or a new position