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tiny-mole [99]
3 years ago
12

Rod Dall Co. reports net income of $69,000. The income ratios are Rod 50% and Dall 50%. Indicate the division of net income to e

ach partner, and prepare the entry to distribute the net income. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)
Business
1 answer:
Law Incorporation [45]3 years ago
4 0

Explanation:

Computation table;  

<u>Particulars                          Total    Rod        Dall </u>

Net Income  ($69,000)50%   $69,000 $34,500  $34,500

Journal Entry;

<u>Account title                             Debit          Credit</u>

P&L App               A/C     Dr    $69,000  

To Rod Capital A/C                                 $34,500

To Dall Capital A/C                                 $34,500

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The future earnings, dividends, and common stock price of Callahan Technologies Inc. are expected to grow 5% per year. Callahan'
Leviafan [203]

Answer:

14.06%

Explanation:

The computation of the cost of common equity using the DCF method is shown below:

Cost of Common Equity = [Ending year dividend ÷ Price per share] + growth rate  

= [$2.31 ÷ $25.50] + 0.05

= 14.06%

We simply applied the above formula by considering the ending year dividend, price and the growth rate so that the correct percentage could come

5 0
3 years ago
Depreciating assets:
tatyana61 [14]
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8 0
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The following events occurred last year for the Bronze Company: Purchase of treasury stock $50,000 Issuance of common stock 90,0
Lana71 [14]

Answer:

Net Cash Flow from Financing Activities                    $150,000

Explanation:

Data provided in the question:

Purchase of treasury stock = $50,000

Issuance of common stock = 90,000

Payment of dividends to common stockholders = 10,000

Sale of equipment = 17,000

Now,

Net cash flow from financing activities will be

Issuance of common stock                                         $90,000

Purchase of treasury stock                                          $50,000

Payment of dividends to common stockholders       $10,000

==============================================================

Net Cash Flow from Financing Activities                    $150,000

Note: Sales of equipment is not included in financing activity

6 0
3 years ago
What is codetermination?
valina [46]

Answer:

The answer is b.The inclusion of a corporation's employees on its board

Explanation:

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Short definition for business cycle ?
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