Answer:
Prisoner's Dilemma
Explanation:
Prisoner's dilemma is a situation where 2 otherwise rational individuals refuse to cooperate even if it would be in their best interests to do so.
The answer is B. the ad shows bars of soap and and a bathroom sink, i just took the test
Answer:
Date - December 14, 2020
Debit : Dividend $16,000
Credit : Shareholders for dividends $16,000
Date - January 16, 2021
Debit : Shareholders for dividends $16,000
Credit : Cash $16,000
Date - December 12, 2021
Debit : Dividend $62,000
Credit : Shareholders for dividends $62,000
January 15, 2022
Debit : Shareholders for dividends $62,000
Credit : Cash $62,000
Explanation:
Dividends are initially declared before they are paid to the respective shareholders. So it is important to first record the journal at the <em>declaration date</em> of the dividend, then the <em>payment date</em> of the dividend as shown above.
We can conclude that Michael's budget constraint will shift out but remain parallel to the old one.
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Explanation:</u></h3>
The ability of a person in spending a unit of money in purchasing a product r devices refers to the purchasing ability of that person. Purchasing power determines the quantity if goods and services that can be purchased by the individuals of an economy. The main factor that determines the purchasing power of an individual is the inflation rate.
In the given example, the ability of Michel in purchasing pizzas or submarine sandwiches is explained. When the pizza and submarine sandwiches prices gets doubled, the income of Michel triples. From this we can conclude that Michael's budget constraint will shift out but remain parallel to the old one.
Answer:
<em>Increase to Cash dividends</em>
Explanation:
The entry on declaration of dividend is Retained earnings debit and credit is given to dividend payable. The cash dividend will increase to shareholders as a result of this action. The dividend payable will increase. Cash is not affected when dividends is declared. Cash is affected only when dividend is paid on August 15, 2017. Cash dividend will not decrease since dividend is paid it will increase. There are total 2 entries passed one on July 15th for dividend declaration and on August 15th for dividend payment. The record date of July 31 is only for determining which shareholders are eligible for dividend and no entry is needed.
