1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
notka56 [123]
3 years ago
15

On January 2, 2017, the board of directors of Michael declared a 10% stock dividend to be distributed on February 15, 2017. The

market price of Michael Company's common stock was $75 per share on January 2, 2017. On the date of declaration, the retained earnings account should be decreased by
Business
1 answer:
frozen [14]3 years ago
8 0

Answer:

the decrease in the value of the retained earning is $172,500

Explanation:

The computation of the decrease in the value of the retained earning is given below:

The dividend of the stock is

= (25,000 shares - 2,000 shares) × 10% × $75

= $172,500

Since there is the stock dividend of $172,500 so it ultimately reduced the retained earning account by $172,500

You might be interested in
Hamish Life, an insurance company, defines the difference in pay between an entry-level recruiter and an entry-level assembler,
QveST [7]

Answer:

job structure

Explanation:

A job structure is the fundamental by and large progressive system that a business uses to deal with the detailing structure for every one of the situations inside the organisation. There are four essential kinds of employment structures: departmental, useful, land and speciality unit. A departmental hierarchical structure works best in organisations with unmistakably characterised division units that emphasis on future extension and development. This is the most fundamental sort of employment structure and the most widely recognised one.

6 0
3 years ago
If an economy experiences a decrease in aggregate demand due to a decline in consumer confidence and output falls below potentia
attashe74 [19]

Answer:

a. rise in unemployment

Explanation:

Aggregate demand is a term describing the total demand for goods and services in the economy. If the aggregate demand rises, it means the country's population is requesting more goods and services.  Production will increase to meet the new demand, and consequently, the GDP will grow.

Should the economy experience a fall in aggregate demand, industries will  reduce the level of production.  GDP is the total production in the economy. If the output is below the potential GDP,  it implies a decline in production. The economy is slowing down. The manufacturing and service sectors will cut down production. Reduction in production mean industries will lay-off employees. Unemployment will rise as industries will not create employment opportunities for job seekers.

7 0
3 years ago
Jasper makes a $25,000, 90-day, 7% cash loan to clayborn co. the amount of interest that jasper will collect on the loan is:
scZoUnD [109]
This a simple interest question with the principal = $25,000 time = 90 days and rate = 7%.
The simple interest in an investment after t days is given by PRT / (100 x 360). where P = $25,000 R = 7% and T = 90

S.I = (25000 x 7 x 90) / (360 x 100) = 15750000 / 36000 = 437.5

Therefore, the amount of interest Jasper will collect is $437.50
5 0
3 years ago
Youve got your budget, credit history and savings in order. Whats the nest step
Ksenya-84 [330]
Try to find a mortgage to buy a house
8 0
3 years ago
Attracting and retaining employees with the skills, abilities, and experience to help an organization achieve its goals is a key
Alenkasestr [34]

Attracting and retaining employees with the skills, abilities, and experience  is a key component of a<u> human resource</u> management system.

<h3>What is human resource management system?</h3>

Human resource management system  has to do with carrying out specific function such as effectively managing everything that has to do with human resource.

Human resource management system is important for companies as it enables them to choose employees  that has the best skills and experience to move the company forward so as to enable the company  achieve their goals.

Therefore attracting and retaining employees  is a key component of a<u> human resource</u> management system.

Learn more about Human resource management system here:brainly.com/question/21976973

6 0
2 years ago
Other questions:
  • What is the smallest unit of data on the hard drive? folders sectors gigabytes clusters?
    14·1 answer
  • Which of the following statements is true about a short term aggregate supply curve?
    11·1 answer
  • There is an income tax on the planet Bozone. Both annual income, x , and income tax, T ( x ) , are measured in the local currenc
    15·1 answer
  • Product extension and refinement:a. shorten the product life cycle. b. extend the product life cycle. c. are too costly for most
    11·1 answer
  • Jade International is a highly diversified global firm with headquarters in New Jersey. It manufactures a variety of products ra
    15·1 answer
  • A computer manufacturing company allows customers to shop in their preferred way. For example, they can gather information onlin
    13·2 answers
  • Nuno owns a recording studio with high-quality equipment. He allows artists to schedule sessions based on their flexibility, and
    5·1 answer
  • Katie had a high monthly food bill before she decided to cook at home every day in order to reduce her expenses. She starts to s
    6·1 answer
  • Flick Company uses a standard cost system in which manufacturing overhead is applied to units of product on the basis of standar
    6·1 answer
  • Karla bought her dress for the recital not because she liked the color and style, but because it made her feel good about hersel
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!