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svet-max [94.6K]
3 years ago
8

Hutter Corporation declared a $0.50 per share cash dividend on its common shares. The company has 30,000 shares authorized, 15,0

00 shares issued, and 12,000 shares of common stock outstanding. The journal entry to record the dividend declaration is:
Business
1 answer:
Natasha_Volkova [10]3 years ago
5 0

Answer:

Dr Retained Earnings $6,000

Cr Common Dividends Payable $6,000

Explanation:

Preparation of the journal entry to record the dividend declaration

Based on the information given we were told that the Corporation declared the amount of $0.50 per share cash dividend on common shares in which 12,000 shares of the common stock are outstanding, hence The journal entry to record the dividend declaration is:

Dr Retained Earnings $6,000

Cr Common Dividends Payable $6,000

(12,000*$0.50)

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E. In cell L16, enter a formula using the AVERAGEIF function that averages the budget amounts for Action movie projects
mrs_skeptik [129]

The purpose of an AVERAGEIF function is to help one find the average of numbers that meet a certain criteria within a dataset.

<h3>What does an AVERAGEIF function do?</h3>

The full question is not provided so the best I can do is to provide a general overview.

An averageif function is available in spreadsheets and is used to find the average of numbers in a range of data that meet a certain criteria.

For instance, if you want to average the budget amounts for Action movie projects, a relevant formula would be:

= AVERAGEIF(Projects, "Action movie", Projects[Budgets])

Find out more on the Averagif function at brainly.com/question/19595618.

8 0
3 years ago
You have been accepted into college. The college guarantees that your tuition will not increase for the four years you attend co
butalik [34]

Answer:

You must deposit "$74,806.25" today.

Explanation:

The given values are:

Periodic payment,

P = $10,300

Rate of interest,

r = \frac{4.4 \ percent}{2}

 = 2.2 \ percent

Number of periods,

n = 4\times 2

  = 8

Now,

The PV of annuity will be:

=  \frac{P\times [1 - (1 + r)^{-n}]}{r}

On substituting the given values, we get

=  \frac{10,300\times [1 - (1 + 2.2 \ percent)^{-8}]}{2.2 \ percent}

=  \frac{1,645.73}{2.2 \ percent}

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8 0
3 years ago
ABC Motors, a car manufacturing company, is organized in four divisions according to the four different models of the vehicle th
il63 [147K]

The structure that ABC Motors uses in that they have divisions according to the vehicle produced is the Product Structure.

<h3>What is the Product Structure?</h3>

This is a structuring technique in companies where they come up with departments based on what those departments produce.

Departments that produce the same product are put into one division to ensure efficiency. This is what ABC Motors did by setting up divisions based on vehicle model.

Find out more on division structures at brainly.com/question/6369558.

8 0
2 years ago
Look at the scenario Technological Progress and Productivity Growth in Techland. What share of the growth rate of real GDP per c
yan [13]

You for got to give the scenario. So, I will put the scenario below so the question is complete and then give the explanation and answer:

(Scenario: Technological Progress and Productivity Growth in Techland)

In Techland , from 1980 to 2010, holding technology and human capital fixed, increasing physical capital per worker from $25,000 to $100,000 would have led to a doubling of real GDP per worker, from $40,000 to $80,000. However, not only did physical capital per worker increase from $25,000 to $100,000, but technological progress shifted the productivity curve upward so that real GDP per worker actually increased from $40,000 to $320,000.

Explanation:

Total factor productivity represents the increase in total production which is in excess of the increase that results from increase in inputs. Productivity is a measure of the relationship between outputs and inputs. This means it equals output divided by input. There are two measures of productivity that consist of labor productivity, which equals total output divided by units of labor and total factor productivity, which equals total output divided by weighted average of the inputs

Thus, we should have, based on the scenario, that 5% share of the growth rate of real GDP per capita was attributable to higher total factor productivity

Answer:

5%

6 0
3 years ago
The person who assumes the leadership role in a small group because of his or her ability, personality, or talkativeness is term
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Emergent leader.

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The fundamentals of being able and ready to inspire others are captured by leadership. Original and borrowed ideas that are effectively communicated to others in a way that engages them enough to act as the leader wants them to are the foundation of good leadership.

A leader both motivates and directs others' actions. They must possess the interpersonal qualities necessary for others to obey them, as well as the critical thinking abilities necessary to know how to make the most use of the resources available to a company. The management structure of an organization can also be referred to as leadership.

To know more about leadership visit:

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#SPJ4

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