1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Rashid [163]
3 years ago
7

The board of directors declared cash dividends totaling $160,000 during the current year. The comparative balance sheet indicate

s dividends payable of $43,200 at the beginning of the year and $38,900 at the end of the year.
Required:
What was the amount of cash payments to stockholders during the year?
Business
1 answer:
Nikitich [7]3 years ago
8 0

Answer: $164,300

Explanation:

Cash payments to stockholders shows the total amount that the shareholders of a company got during the year. It includes the money owed to them at the start of the year in addition to cash paid during the year.

= Beginning dividends payable + Dividends for the year - Ending dividends

= 43,200 + 160,000 - 38,900

= $164,300

You might be interested in
Which of the following businesses describes a branch?
Sergio [31]
I believe that it’s C
ANSWER =C
4 0
3 years ago
Which of the following is not an example of safeguarding inventory? a.storing inventory in restricted areas b.returning inventor
Katen [24]

Answer: Option B

       

Explanation: Safeguarding inventory refers to keeping proper records of inventory and protecting it from any kind of damage that may result in loss to the organisation.

The main objective behind safeguarding inventory is to minimize loss of the organisation that is keeping it.

In the given case, second option is the purchase return and it could not be considered a default of the purchaser of inventory.

Hence from the above we can conclude that the correct option is B.

8 0
3 years ago
the financial system consists of financial _____, such as commercial banks, and financial markets, such as the stock market.
vazorg [7]

The financial system consists of financial intermediaries, such as commercial banks, and financial markets, such as the stock market. This is further explained below.

<h3>What are financial intermediaries?</h3>

Generally, financial intermediaries are simply defined as Banks, building societies, and unit-trust companies are all examples of financial intermediaries.

In conclusion, Institutions like commercial banks and marketplaces for trading financial instruments like stocks and bonds make up the financial system.

Read more about financial intermediaries

brainly.com/question/2494552

#SPJ12

5 0
2 years ago
When bonds are converted into common stock____.
nexus9112 [7]

Answer:

When bonds are converted into common stock____.

a. the market price of the stock and the bonds is ignored when recording the conversion.

Explanation:

This is because the conversion price, which is the price at which the convertible bond is converted into the common stock of the entity, is usually set initially when the conversion ratio is first decided on.  Therefore, the market prices of the stock and the bonds are not taken into account when the conversion recording is being done.

4 0
3 years ago
The first step a domestic firm takes when entering an international arena is usually to create an international division.
vodomira [7]

Answer:

The answer is: False

Explanation:

Whenever a company wants to go international it has a lot work to do before creating an international division. Several things must be done before, mostly research, for example:

  • Research if your product is know overseas, is there any possible market for it, are there any restraints for your products in those new markets.
  • Any legal constraint or logistical problem you have to consider.
  • Any local competition you have to worry about.
  • Does your product fit in a new culture.
  • And very many etceteras.

That should all be done before considering spending money on creating an international division.

Probably when the internet didn´t exist, communications were scarce, no Tv existed, people in one country didn´t know anything about other cultures, etc., a comp nay would have first created an international division to scout foreign markets but right now it doesn´t make sense.  

4 0
3 years ago
Other questions:
  • Sheridan Company sells office equipment on July 31, 2017, for $20,320 cash. The office equipment originally cost $84,510 and as
    13·1 answer
  • Companies engaged in a single line of business most commonly utilize an organizational structure that can be:
    15·1 answer
  • Manual pipetting creates a musculoskeletal load on the neck, shoulders, and upper limbs. Which types of injuries can this lead t
    14·2 answers
  • What type of contractual system describes a situation where assistance in selecting the location, setting up the store or facili
    14·1 answer
  • Which of the following is prepared first? A. Balance sheet B. Income statement C. Statement of owner’s equity D. Trial balance
    13·1 answer
  • Among the following traits which trait is most likely to be present in the second identical twin if it is present in the first?
    9·1 answer
  • If a typical firm in a perfectly competitive industry is earning profits. True or False
    6·1 answer
  • Which of the following is a trait that effective leaders demonstrate?
    14·1 answer
  • Which of the following will cause an increase in ROI? An increase in controllable fixed costs. An increase in average operating
    5·1 answer
  • A salesperson preparing a written offer from a prospect may do so by filling in the blanks on a pre-approved broker's contract f
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!