Answer:
See the journal entry below
Explanation:
Retained earnings A/c Dr $500,000
Dividends payable A/c Cr $500,000
Here, cash dividend is being declared by the board on 100,000 shares hence the account of retained earnings is debited and account of dividends payable is credited.
NB.
Amount = Share × Price per share
Given that;
Share = 100,000
Price per share = $5
Amount
= 100,000 × $5
= $500,000
Answer:
The correct answer is: Management by Objectives (MBO).
Explanation:
Management by Objectives (<em>MBO</em>) is a process in which a manager an employees agree on specific performance goals and then develop a plan to reach those goals. First outlined in Peter Drucker's 1954 book "<em>The Practice of Management</em>", MBO ensures better employee participation and commitment while aligning objectives throughout an organization.
Answer:
$12,000 and $6,000
Explanation:
For computing the dividend, first we have to find out the yearly dividend which is shown below:
= Number of shares × par value per share × dividend rate × number of years
= 1,000 shares × $100 × 6% × 2 years
= $12,000
Out of $18,000, the $12,000 will be paid to preferred stockholders and the remaining $6,000 will be paid to common stockholders
Answer: The correct answer is "d. control the direction".
Explanation: Uber need to control the direction because:
a. make the plan - The plan has already been drawn up, is to withdraw from China and Singapore.
b. make the goal - The objective was not met because, despite having executed the plan, there are still losses.
c. define objectives - The objectives have already been defined and is to reduce losses.
d. control the direction - The executed plan is not fulfilling the objectives therefore it is necessary to control the direction of it.
e. carry out the plan - The plan has already been carried out, a year has passed and there are still losses.
The type of company which is required by the Sarbanes-Oxley Act to have a code of ethics available to all employee is:
- all companies that have more than a single owner.
<h3>What is Code of Ethics?</h3>
This refers to the guidelines about the way a group of people should behave in a social group or official setting.
With that in mind, we can see that the type of company which is required by the Sarbanes-Oxley Act to have a code of ethics available to all employees is one which has more than one owner.
Read more about code of ethics here:
brainly.com/question/24606527
