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
blsea [12.9K]
3 years ago
9

Blossom Corporation was organized on January 1, 2019. During its first year, the corporation issued 2,050 shares of $50 par valu

e preferred stock and 102,000 shares of $10 par value common stock. At December 31, the company declared the following cash dividends: 2019, $4,625; 2020, $13,500; and 2021, $28,500.
Required:
Journalize the declaration of the cash dividend at December 31, 2021.
Business
1 answer:
kifflom [539]3 years ago
5 0

Answer:

December 31, 2021

Debit : Dividends $28,500

Credit : Shareholders for Dividends $28,500

Explanation:

The Dividends declared present a present obligation by the entity to its shareholders.

You might be interested in
Dowkkwvjwun2fsgzvzejqk82293o3o3oi​
exis [7]
Answer:What is this?
3 0
3 years ago
Men who tried the Gillette Fusion razor were so satisfied with it that 60 percent of them adopted the product permanently. Men w
Reptile [31]

Answer: Repeat

Explanation:

 When the customers are adopting the product permanently and use in their daily life routine then, they known as the repeat purchasers. The repeat purchaser basically purchase the products very frequently.

The process of repeat purchasing basically indicate that the customer loyalty towards the particular brand and it maintain the customer relationship.

Therefore, if more than 60% of men purchasing the product Gillette fusion razor then they known as the repeat purchaser as they adopted the given product permanently.

6 0
4 years ago
Flo is considering three mutually exclusive options for the additional space he plans to add to the K-State Superstore. The cost
Dima020 [189]

Answer:

B) Children’s clothing only

Explanation:

cost of the expansion $148,000

three mutually exclusive projects:

  • NPV $221,000 for children’s clothing ≥ $148,000 (initial investment)
  • NPV $178,000 for exclusive gifts ≥ $148,000 initial investment
  • NPV $145,000 for decorator items ≤ $148,000 initial investment

The projects whose NPV is positive should be considered (this eliminates decorator items)

Since the projects are mutually exclusive, only one can be chosen. So the project with the highest NPV is the best project for the store ⇒ children's clothing

3 0
3 years ago
A farmer decides she wants to grow certified organic corn and sets out to meet all usda standards to do so. her crop grows well
disa [49]
<span>Crop rotation. Crop rotation is growing a series of dissimilar or different types of crops in the same plot in sequenced seasons. Peas, like other legumes, are nitrogen fixing crop. They recover depleted nitrogen and other nutrients squeezed out by the organic corn, making nitrogen available to the soil for use again. This practice takes advantage of the uniqueness of each crop make use of diverse natural and ecological resources present in the soil to maximize yield and increase output. The organic corn requires a lot of nutrient for root growth and with repeated use, the available nutrients has gotten depleted. Planting legumious crops which are good nitrogen-fixers will help to recover lost nutrient.</span>
7 0
3 years ago
Personal values and work values cannot be related true or false​
morpeh [17]

Answer:

false, these two can be related

Explanation:

false

7 0
3 years ago
Read 2 more answers
Other questions:
  • Data from a small bookstore are shown in the accompanying table. a larger firm is considering acquiring the bookstore. an analys
    15·1 answer
  • A lifelong learner is committed to ________.
    15·2 answers
  • The goal of the army family team building program is to assist family members of soldiers by
    6·1 answer
  • Google: What is corporate responsibility?
    12·1 answer
  • A 3-year bond with 10% coupon rate and $1000 face value yields 8%. Assuming annual coupon payment, calculate the price of the bo
    14·1 answer
  • Neeta Landscaping Company provides lawn care services to a customer and immediately receives $45. Which of the following describ
    9·1 answer
  • The City of Bamberg, which has a fiscal year end of December 31, issued a nine month $1,000,000 bond anticipation note on July 1
    6·1 answer
  • The following data relate to the direct materials cost for the production of 2,200 automobile tires:
    13·1 answer
  • Jake Olsen has decided to put $1,000 in the bank. List several questions Jake might want to ask before ch whether to put the mon
    9·1 answer
  • If people have a high degree of _______ one is more likely to want to stay with their current company.
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!