Diversifying. It is so that they can tap into other markets.
Answer:
The Journal entries are as follows:
(i) On March 15,
Dividend [0.075×220,000,000] A/c Dr. $16,500,000
To dividend payable $16,500,000
(To record the declaration of cash dividends)
(ii) On March 30,
No Journal entry required
(iii) On April 13,
Dividend payable A/c Dr. $16,500,000
To cash $16,500,000
(To record the payment of cash dividends for its 220 million shares)
Answer:
The answer is a the interest rate to fall as there is currently a surplus of loanable funds.
Explanation:
Investors who wish to borrow $100 million represent quantity of money demand and savers who wish to save $125 million. There is surplus of loanable funds SS > DD = $125 million > $100 million
Answer:
goal incompatibility
Explanation:
Based on the information provided within the question it can be said that this is mainly an example of conflict due to goal incompatibility. This seems to be the main problem in this situation since each department is focusing on a specific goal which benefits that department only but conflicts with the goals of the other department. This causes problems and inefficient workflow within the company.
Answer:
The cost of goods manufactured during the year is $838,000
Explanation:
The computation of the cost of goods manufactured is shown below:
= Cost of goods available for sale - Beginning finished goods inventory
= $956,000 - $118,000
= $838,000
The other items which are given in the question are not relevant. So, these items are ignored and hence, not considered in the computation part.
