A dividend is the distribution of profits to shareholders by a corporation. When a corporation makes a profit or has a surplus, it has the option of paying a portion of that profit as a dividend to its shareholders. Any money that is left over is taken out and put back into the business.

The total dividend is divided by the number of outstanding shares to determine the dividend per share.

A corporation may choose to disperse a portion of its income in one of four different ways. Your monthly brokerage statement may include information about dividends paid on CASH, STOCK, HYBRID, or PROPERTY investments.

Shares issued= 456,000

Per share cash dividend = $0.55

Dividends Payable = 456,000 x $0.55 = $250,800

Debit Retained Earnings $250,800, credit Common Dividends Payable $250,800

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4 0

1 year ago

Flem is an employee of Glo Goods, Inc. Flem reports to state officials that Glo is illegally shipping unsafe goods to unsuspecti

Anika [276]

Answer:

With respect to the employment-at-will doctrine, this is "An exception based on public policy"

Explanation:

Under the public-policy exception to employment at will, an employee is wrongfully discharged when the termination violates an explicit, well-established public policy of the state. For example, in most states, an employer can't terminate an employee for filing a workers' compensation claim after being injured on the job, or for refusing to engage in illegal activity at the request of an employer.

Public policy may be found in a state constitution, statute, administrative rule, or other state policy. The public-policy exception is the most commonly accepted exception, recognized in the vast majority of states.

4 0

3 years ago

Recently, many organizations have added __________ to their mission statements.

ehidna [41]

The answer to this question is (<span>b.) a social element to reflect what is morally right and worthwhile.
The companies use this tactic in order to gain favour from potential customers by aligning their value with the customers'. When customers feel that a company is reflecting all the values that they believe in, they will be more likely to be loyal to that company and keep buying their products</span>

8 0

3 years ago

The following is the post-closing trial balance for the Whitlow Manufacturing Corporation as of December 31, 2015.

pishuonlain [190]

Answer:

See explanation section

Explanation:

See the images to get the answer

4 0

3 years ago