Can identity theft occur through legitimate access to your personal information? Explain.

Eastline Corporation had 11,000 shares of $10 par value common stock outstanding when the board of directors declared a stock di

andrey2020 [161]

Answer:

e. Debit Retained earning $49,280 Credit Common stock dividend distributable $35,200

Credit Paid in capital in excess of par value(Common stock) $14,080

Explanation:

The journal entry is as follows:

Retained earnings (3,520 shares × $14)

Dr $49,280

_______ Common stock dividend distributable (3,520 shares × $10)

Cr $35,200

_______ Paid in capital in excess of par value ($49,280 - $35,200)

Cr $14,080

3 0

3 years ago

he theory of efficiency wages provides a possible explanation as to why Group of answer choices workers form unions. firms shoul

Katena32 [7]

Answer:

Firms may be inclined to keep their workers’ wages above the equilibrium level.

Explanation:

The efficiency wage theory states that if an employer increases the wage of his/her employees, they will be motivated and their productivity will increase. The increase in productivity should offset the increased labor costs. So the costs of higher wages should be recouped through increased productivity. Higher wages also reduce worker turnover, reducing hiring and training costs.

4 0

3 years ago

Which of the following is a capital budgeting technique that converts a project's cash flows using a more consistent reinvestmen

yulyashka [42]

Answer:

c. modified internal rate of return

Explanation:

Modified internal rate of return ( MIRR ) -

The modified internal rate of return is used in order to rank the projects or the investment that are of unequal size.

The assumption involved is that the positive flow of cash are again invested to the firm and the initial outlays are financed during the firm's financing cost , is referred to as the MIRR.

MIRR is very accurate in comparison to the traditional internal rate of return (IRR) and gives the profit and cost of the project with more accuracy.

Hence , from the given information of the question,

The correct option is c. modified internal rate of return .

4 0

3 years ago

Break-Even Sales Currently, the unit selling price of a product is $7,520, the unit variable cost is $4,400, and the total fixed

-Dominant- [34]

Answer:

Current Break Even point = 6,500 units

Break Even point in Unit Sale = 7,500 units

Explanation:

The computation of break-even sales is shown below:-

Sale price = $8,000

Variable expense = $4,400

Contribution margin = Sale price - Variable expenses

= $8,000 - $4,400

= $3,600

Fixed expenses = $23,400,000

Current Break Even point = Fixed expenses ÷ Contribution margin

= $23,400,000 ÷ $3,600

= 6,500 units

Therefore for computing the break even point we simply divide contribution margin by fixed expenses

b. Sale price = $7,520

Variable expense = $4,400

Contribution margin =$7,520 - $4,400

= $3,120

Fixed expenses plus desired profit = $23,400,000

Break Even point in Unit Sale = Fixed expenses ÷ Contribution margin

= $23,400,000 ÷ $3,120

= 7,500 units

So, for computing the break even point we simply divide contribution margin by fixed expenses

5 0

3 years ago

Accounting software can help with which two of these tasks

Alla [95]

keeping track of bills sent to customers

keep track of after sale services owed to customers

3 0

3 years ago

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