Answer:
The $12,000 dividend declaration is made during its recent year of operation
Explanation:
In this question, we have to apply the formula which is shown below:
The ending balance of retained earning = Beginning balance of retained earnings + net income - dividend paid
$80,000 = $65,000 + $27,000 - dividend paid
$80,000 = $92,000 - dividend paid
So, the dividend paid equals to
= $92,000 - $80,000
= $12,000
These items would be displayed in the retained earnings statement
A corporate bond is a bond issued by a corporation in order to raise financing for a variety of reasons such as to ongoing operations, M&A, or to expand business. The term is usually applied to longer-term debt instruments, with maturity of at least one year.
Answer:
<em>Increase to Cash dividends</em>
Explanation:
The entry on declaration of dividend is Retained earnings debit and credit is given to dividend payable. The cash dividend will increase to shareholders as a result of this action. The dividend payable will increase. Cash is not affected when dividends is declared. Cash is affected only when dividend is paid on August 15, 2017. Cash dividend will not decrease since dividend is paid it will increase. There are total 2 entries passed one on July 15th for dividend declaration and on August 15th for dividend payment. The record date of July 31 is only for determining which shareholders are eligible for dividend and no entry is needed.
Answer:
Strength:
Further strengthening the brand name and will be able to capture the market share by staying open for 24 hours.
Increasing the efficiency of the franchise by selling additional products. (Sales to capital employed ratio)
Excellent location will add up value to the franchise which makes it more prior to the other pizza offering franchises.
Weakness
Staffing and inventory management would be required for the additional working hours and at night shifts the employees demand more for the services they offer.
Opportunity
There is additional demand for the products of the Domino's to sell the customers at night. Usually in the weekends, Americans go to bed late night.
Threats
We are promoting late night eating which is not good for health so this is threat to our brand image.
Their is the threat that the existing competitors must react to our offerings by lowering their cost or by increasing the quality of their offerings.
Answer:
Buy in-store.
Explanation:
The Polya technique suggests the following steps to solve a problem:
Step 1: Understand the problem.
Nathan is facing two options for buying a new sweatshirt. We need to calculate and compare both prices in order to determine the better buy.
Step 2: Devise a plan.
To calculate and compare the prices we need to discount the coupons on both options and then buy the sweatshirt with the lower price.
Step 3: Carry out the plan (solve).
<h2><u>
Option A</u></h2>
Price: $36
Discount: -30%
Final price option A : 36 × ( 1 - 30%) = 25.2
<h2><u>
Option B</u></h2><h2><u>
</u></h2>
Price: $32
Discount: -25%
Final price option B: 32 × ( 1 - 25%) = 24
Step 4: Look back (check and interpret).
Final price option A < Final price option B.
<h2><em>With this analysis in cosideration, we deduce that the better buy is the option A. In-store purchase.</em></h2>
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