Answer:
D. Flexible budgeting is the correct answer.
Explanation:
Flexible budgeting is the budget plan that changes as per the company's requirement.
The advantages Flexible budgeting are:
- It assists the management of the organization to decide about the business situation and production level.
- It helps to know the amount of product to be required for the growth of the organization and to achieve the profit level.
Answer:
true
Explanation:
A stock dividend refers to the payout to owners that is provided not in cash but in equity. The stock dividends does have the benefit of paying stakeholders without lowering the cash flow for the business.
A stock split and option split is growing a company's amount of assets. A stock split triggers a fall in the trading price of actual securities, which does not trigger a shift in the business's market capitalisation.
Thus there is no monetary gain benefits from both the methods they are just implemented to adjust price of shares.
Answer:
Explanation:
a )
Standard of living is calculated as follows
Standard of living = Real GDP / Population
Growth in standard of living = growth in real GDP - growth in population
Now given growth in standard of living = 0
0 = growth in real GDP - growth in population
growth in real GDP = growth in population
growth in real GDP = 1%
Therefore, to keep living standards from falling, production have to increase by 1 %.
b )
If workforce increases by 1 % , that means population increases by 1 % and
productivity ( MPP ) increases by 1 % that means GDP increases by 1 %
Hence
Growth in standard of living = 1 % - 1 % = 0
The living standard will remain stagnant .
Answer:
1
Cash_________60000
Common stock________60000
Issued 60000 shares of capital
2
Plane________220000
Cash________________40000
Account payable_______180000
Purchase to Utility Aircrafy
Explanation:
Capital stock is the number of common and preferred shares that a company is authorized to issue, according to its corporate charter. The amount received by the corporation when it issued shares of its capital stock is reported in the shareholders' equity section of the balance sheet
1
Cash_________60000
Common stock________60000
Issued 60000 shares of capital
2
Plane________220000
Cash________________40000
Account payable_______180000
Purchase to Utility Aircraft
Answer:
The ending balance for Retained Earnings is $850,000.
Explanation:
<u>Statement of Retained Earnings</u>
Retained Earnings balance at Start 650,000
Add: Net Income <u>400,000</u>
Total Retained Earnings 1,050,000
Less: Declared Cash Dividends (100,000)
Restriction for plant expansion (50,000)
Declared Stock Dividend <u>(50,000)</u>
Retained Earnings at end <u>850,000</u>
