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
Aleksandr [31]
3 years ago
7

g A debit is used to record which of the... A debit is used to record which of the following: Multiple Choice A decrease in an a

sset account. A decrease in an expense account. An increase in a revenue account. An increase in the common stock account. An increase in the dividends accoun
Business
1 answer:
Veseljchak [2.6K]3 years ago
4 0

Answer:

An increase in dividends account

Explanation:

In accounting, a debit is used to record an increase in asset, an increase in expense and a decrease in liability.

With regards to the above, the correct option is an increase in dividends account because dividend is a current asset hence a debit records an increase in assets. Dividend is the returns paid to an investor or shareholder who invest or buys shares in a company. It is the reward paid to an investor for investing in a company.

You might be interested in
ABC owns 80 percent of XYZ Corporation’s common stock. For the current financial year, ABC and XYZ reported sales of $500,000 an
agasfer [191]

Answer:

$284,000

Explanation:

                     ABC Corporation

       Consolidate Income Statement

For the year ended, 31 December, 20XX

Particulars               ABC                   XYZ                

Sales                     $500,000         320,000                        

Less: Expenses   <u>$(280,000)      $(240,000)</u>

Net Income          $220,000          $80,000                

Consolidated Income for the year under the proprietary theory approach for ABC corporation = $220,000 + (80,000 × 80%) = $220,000 + 64,000

= $284,000

According to the proprietary theory approach, the wholly-owned company will get the same percentage it owns the proportionate of that subsidiary company or companies.

4 0
3 years ago
Job embeddedness refers to Select one: a. increasing the number and variety of tasks within a job. b. a temporary switching of j
icang [17]

Answer:

c. The array of forces attaching people to their jobs.

Explanation:

Job embeddedness is a study of employee retention. It focuses on all the forces and factors that retain an employee on the job. The theory identifies critical elements that determine a connection between an employee and their job.

These elements are Fit, Links and Sacrifice.

Fit is how the employee perceives their own compatibility with the job. Links are the number of connections the employee has in the working community. Sacrifice is the loss of potential benefits, in monetary terms or psychological, when the connections with the social community are broken.

Hope that helps.

4 0
3 years ago
Outline 4 reasons why most developing countries rely on extractive levels of production ​
Greeley [361]

Explanation:

The World Bank helps developing countries manage their natural resource wealth responsibly and sustainably, in a way that contributes to sustainable growth and development, protects communities and reduces carbon emissions.

7 0
2 years ago
Honeycutt Co. is comparing two different capital structures. Plan I would result in 12,700 shares of stock and $109,250 in debt.
irina [24]

Answer: $47.50

Explanation:

The Price per share under Plan I can be calculated by the formula;

Price per share = Value of debt / (Number of shares under all-equity plan - Number of shares under Plan)

= 109,250 / ( 15,000 - 12,700)

= 109,250 / 2,300

= $47.50

5 0
2 years ago
True or false? Evaluating the team dynamics and how each member did in the crisis along with analyzing the reactions, kpis, and
Ymorist [56]

Answer:

Evaluating the team dynamics and how each member did in the crisis along with analyzing the reactions, kpis, and overall response to the crisis happens during the response stage.

  • False

Explanation:

  • KPI stand for key performance indicator. These indicators of any business tell us about its performance. Example of key performance indicator include no of customers retained.
  • Team dynamics represent the forces and factors which influence the performance of the team. The evaluation of the team dynamics, their reactions and key performance indicator are not done during the response stage.
  • Response stage generally refer to the time of response and action. In this stage, we take certain actions to accomplish desired goals. Like to mitigate the issues.

8 0
2 years ago
Other questions:
  • Suppose a business can sell x gadgets for p(x)=250 - 0.01x dollars a piece, and it costs the business c(x) = 1,000 + 25x dollars
    15·2 answers
  • On september 1, 2018, fortune magazine sold 660 one-year subscriptions for $74 each. the total amount received was credited to d
    7·1 answer
  • Example: Davidson-Getty Chemicals has 8,000 employees. Each employee earns two weeks to paid vacation per year. Vacation time no
    14·1 answer
  • Does lean management ignore some perspectives of organizational effectiveness? if so, what are the unintended consequences of th
    6·1 answer
  • What alternatives did some employers use to lessen the impact of the change on their bottom line? (List at least three.)
    6·1 answer
  • Magpie Corporation uses the total cost concept of product pricing. Below is cost information for the production and sale of 60,0
    12·1 answer
  • Suppose there are five suppliers of ice cream in the town of Summerville. When the price of ice cream is $2 per scoop, Firm A is
    13·1 answer
  • Leo works in a Mercedes Benz factory in Alabama. He is then transferred to Mercedes’s plant in South Africa. When does the value
    10·1 answer
  • Consensus ad idem means which of the following?
    15·2 answers
  • The following items appear on the balance sheet of a company with a one year operating cycle. Identify the proper classification
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!