Answer:
Dr Dividends payable ($2*42000) $84000
Cr Cash $84000
Explanation:
Initially,on July 15 2017, the necessary entries would be to debit retained earnings and credit dividends payable with $84000 to show that the company owes the shareholders dividends.
On the payment date, the entries would to debit dividends payable and to record outflow of cash used in making the dividends payment,hence cash or bank account is credited as a decrease in cash and corresponding entry posted to dividends payable.
Answer:
The total collection in December is "131150".
Explanation:
The given values are:
Credit sales,
- September: $145,000
- October: $136,000
- November: $120,000
- December: $157,000
Now,
Credit sales in December will be:
= 
= 
= 
Credit sales in November will be:
= 
= 
= 
Credit sales in October will be:
= 
= 
= 
hence,
The total collection will be:
= 
= 
Answer:
39 years
Explanation:
Under the rule of 70, the economy doubles its real GDP per capita income
In this the computation is done by dividing the 70 by the annual growth rate
So, the formula is shown below:
Time period = Rule of 70 ÷ growth rate
where,
Growth rate is 1.8%
So, the time period at which the GDP doubles is
= 70 ÷ 1.8
= 39 years
By dividing the rule of 70 by the growth rate we can find the number of years at which the GDP doubles
Answer:
They shown reckless behaviour towards hull city resident
Explanation:
Flexo is a trucking company which transports hazardous material from one place to another. In doing so, they used Garn who drives longer hours and due to that, he exceeded the speed limit and had the accident. In this scenario, Flexo acted unethically because they have shown reckless behaviour towards hull city resident. This is an unethical practice which they must avoid future contamination and losses.
The correct answer is B) ) Dayson is from a high-context culture, and Claudia is from a low-context culture.
Explanation:
The term "high-context culture" is used to refer to cultures in which implicit communication, nonverbal elements, and context are important factors of communication. This implies many words and expressions in these cultures do not have a literal meaning. According to this, it is likely Dayson is from a high-context culture, considering he focused on the implicit message in Jorge's words rather than considering the message was literal.
On the other hand, in "low-context culture" elements such as implicit meaning or context are not frequently used, this means, most communication is literal and explicit. This shows Claudia is from a low-context culture because rather than thinking Jorge's answer was just a formalism or irony, she interpreted the message literally.
