Answer:
in my view the most applicable answer is task method of budgeting.
There is a reason why I'm saying this. In task method budgeting, the amount allocated is specific and is related with a specific marketing objective. this budget can be flexible of course and this is a good way to measure the performance and the progress of the marketing campaigns as well.
because this budgeting is forward looking, well planned, has room for change and improvement along with specific goals and objectives, this can save money for the company and reduce wastage and impulsive marketing spending of managers.
so in a way, we can say that this is good from the long term prospect for the company.
Explanation:
Answer: A. decrease stockholder's equity and increase liabilities
Explanation:
When Stock is declared, the relevant entries include;
DR Retained Earnings
CR Dividends Payable
Retained Earnings is an Equity account that the dividends will be taken from and will reduce as a result. This is why it is being debited.
Dividends Payable is a liability account that will be credited to show that the company owes its shareholders dividends. Liabilities will therefore increase.
Answer:
True
Explanation:
The Sarbanes Oxley Act (SOX) is a federal law in the United States that applies to listed or public companies i.e. companies whose shares are traded freely on the stock exchange. The law, which was established in 2002 following several corporate scandals, put in place comprehensive financial and auditing regulations for listed companies.
Answer:
e. -$835.
Explanation:
Cash Flow to Stockholders is the difference between dividend paid and net new common equity raised. The Company X has paid $150 as dividend. The additional capital raised is included in common stock amount. The difference between common stock account of 2017 and 2018 is additional paid in capital.
Cash flow to Stockholders = Dividend paid - (Common stock in 2017 - Common stock in 2018)
Cash Flow to Stockholder = $150 - ($5,460 - $4,475)
Cash Flow to Stockholder = -$835.