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Andreas93 [3]
4 years ago
5

When cash payments are made to stockholders, what is the effect on the company's accounts?A. Cash decreases and dividends increa

se.B. Cash increases and dividends decrease.C. Cash decreases and common stock decreases.D. Cash increases and common stock increases.
Business
1 answer:
raketka [301]4 years ago
4 0

Answer:

A. Cash decrease and dividends increase

Explanation:

Since the company is going to pay stockholders. The cash will decrease and the dividends that are going to be paid to the stockholders will increase.

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Suppose these selected condensed data are taken from recent balance sheets of Bob Evans Farms (in thousands). 2022 2021 Cash $13
Fiesta28 [93]

Answer:

Current ratio for 2022: 0.311

Current ratio for 2021: 0.231

Explanation:

The current ratio is a liquidity ratio that indicates a company's ability to pay its current liabilities when they come due. The current ratio is calculated by the following formula:

Current Ratio =  Total Current Assets/Total Current Liabilities

In Bob Evans Farms:

Current ratio for 2022 =  $80,200/$257,500 = 0.311

Current ratio  for 2021 = $71,809/$311,100 = 0.231

​  

​

4 0
3 years ago
All managers are great leaders (4pts) true false
Vlad [161]
Nope

many managers are great but also plenty are horrible
6 0
3 years ago
In 1895, the winner of a competition was paid $150. In 2006, the winner's prize was $70,000. What will the winner's prize be in
Jobisdone [24]

Answer:

the price will grow to $ 507,571.77 If it continues with the same grow rate

Explanation:

first we solve for the rate:

2006 - 1895 = 111 years

Nominal (1+r)^{n} = FV\\150 (1+r)^{111} = 70,000\\\\r = \sqrt[111]{70,000 / 150 } -1

r =  0.06  

Now we apply this rate for the year 2040:

2040 - 2006 = 34 years

Principal \: (1+ r)^{time} = Amount

Principal 70,000.00

time 34.00

rate 0.06000

70000 \: (1+ 0.06)^{34} = Amount

Amount 507,571.77

6 0
3 years ago
What is generally one of the major differences between union and nonunion workers?
musickatia [10]

Answer:

Union workers earn more money for similar work.

Explanation:

A labour union is when a group of workers come together to form an association for the benefit of members of the union. Labour unions have a higher bargaining power when compared with non union workers. This increases their potential for higher wages and better working conditions

Examples of labour unions in the US include :

  1. American Federation of State, County, and Municipal Employees  
  2. American Federation of teachers
  3. United Food and Commercial Workers  
  4. United Auto Worker
4 0
3 years ago
Determine which costing method​ (variable costing or absorption​ costing) accounts for fixed manufacturing costs as costs of the
solniwko [45]

Answer:

The correct answer is B.

Explanation:

Giving the following information:

Determine which costing method​ (variable costing or absorption​ costing) accounts for fixed manufacturing costs as costs of the​ period:

a. at the time of​ incurrence,

b. at the time the finished units to which the fixed overhead relates are sold.

Absorption costing allocated fixed manufacturing costs to the product. Therefore, the fixed costs go to the cost of goods sold.

4 0
4 years ago
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