Answer:
$2,126 million
Explanation:
Calculation for the Projected dividends for 2017
Using this formula
Projected dividends for 2017=2107 Forescated net income ×(2016 Dividends/2016 Net Income )
Let plug in the formula
Projected dividends for 2017=$5,504 million × ($2,048 million / $5,302 million)
Projected dividends for 2017=$5,504 million×0.38626933
Projected dividends for 2017 = $2,126
Therefore the Projected dividends for 2017 will be $2,126 million
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Answer:
Explanation:
First, we have to compute the accrued interest amount, then only the adjustment entry would be made.
So,
Accrued interest = (Borrowed amount) × (rate of interest) × (number of months ÷ total number of months in a year)
= $8,000 × 12% × 2 ÷ 12
= $160
The two months is calculated from May 1, 2018 to June 30, 2018
Now, we pass the adjustment entry which is shown below:
Accrued interest expenses A/C Dr
To Interest payable
(Being adjustment entry of accrued interest is recorded)
For the purpose of allocating the transaction price to multiple performance obligations, if a stand-alone selling price cannot be directly observed, the seller should estimate the stand alone price by seeing all the things that maximizes the use of observable inputs.
Seller must apply different estimation methods which are consistent to similar circumstances of the not availability of stand alone price.
Different methods which can be used for estimating the stand-alone selling price of a good or service include the following:
Expected cost plus margin
Adjusted market assessment
Residual value.
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<span>Spending more on investments in hopes of high returns will increase long term savings and decrease short term spending thus affecting the economy by affecting the law of supply and demand. The demand side of the equation would be affected as more money is put into or spent on savings.</span>
