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ivann1987 [24]
3 years ago
14

Answer the following as True or False.

Business
1 answer:
svp [43]3 years ago
5 0

Answer:

1. False

2. True

3. True

Explanation:

In Accounting, declaring and paying a stock dividend only decreases Retained Earnings but not Stockholders' Equity on the balance sheet because it has no effect on the cash position of an organization.

You might be interested in
TH Manufacturers expects to generate cash flows of $129,600 for the next two years. At the end of the two years the business wil
arsen [322]

Answer:

Vo  = <u>C1  </u>    +        <u>C2 + V2</u>

        1 + k              (1 + K)2

Vo = <u>$129,600  </u> +   <u>$129,600 + $3,200,000</u>

        1 + 0.14            (1 + 0.14)2

Vo = $113,684.21  + $2,562,019.08

Vo = $2,675,703.29

The correct answer is C

Explanation:  

The current value of the business equals cashflow in year 1 divided by 1 + K plus the aggregate of cashflow and sales value in year 2 divided by 1 + k raised to power 2.

7 0
3 years ago
At the end of business on September 1, the total displayed on the cash register tape shows $1,059 of cash sales for the day. How
IrinaVladis [17]

Answer:

Debit Cash for $1,050; Debit Cash over and short for $9; and Credit Sales for $1,059.

Explanation:

The journal entries will look as follows:

<u>Date            Account Title                         Debit ($)             Credit ($)   </u>

Sept 1          Cash                                           1,050

                   Cash over and short (w.1)               9

                   Sales                                                                      1,059

<em><u>                    To record cash over and short for the day.                            </u></em>

Working:

w.1:    Cash over and short = Cash recorded - Actual cash collected  = $1,059 - $1,050 = $9

8 0
3 years ago
Adams Company makes fine jewelry that it sells to department stores throughout the United States. Adams is trying to decide whic
Sauron [17]

Answer:

                                      Bracelet A,                 Bracelet B

Total fixed cost =             $15,000                    $12,400

Total variable cost =        $65                           $77

Total Avoidable cost =    $8,829                      $6,941

Explanation:

According to the scenario, the given data are as follows:

For Bracelet A

Cost of material = $29

Cost of labor = 36

Advertising cost = 8,800

Annual depreciation = 6,200

For Bracelet B

Cost of material = $41

Cost of labor = 36

Advertising cost = 6,900

Annual depreciation = 5,500

So, Fixed cost for each products = Advertising cost + Annual depreciation

For Bracelet A,

Fixed Cost = 8,800 + 6,200 = 15,000

For bracelet B,

Fixed cost = 6,900 + 5,500 = 12,400

Now, Variable cost = Cost of material + Cost of labor

For Bracelet A

Variable cost = 29 + 36 =  65

For Bracelet B

Variable cost = 41 + 36 = 77

And Avoidable cost = Cost of material  + Advertising cost

For Bracelet A,

Avoidable cost = 29 + 8,800 = 8,829

For Bracelet B

Avoidable cost = 41 + 6,900 = 6,941

6 0
3 years ago
When calculating the present value of multiple cash flows using a spreadsheet, you must:________
charle [14.2K]

The current worth of an anticipated future stream of cash flow is known as the present value, or PV. Using Microsoft Excel, present value may be estimated rather rapidly.

Most of the time, rather than simply one cash flow, a financial analyst must determine the net present value of a group of cash flows. The net present value, or NPV, returns the cash flows' net value in today's currency. The future value FV is divided by a factor of 1 + I for each interval between the present date and the future date in the present value formula, PV=FV/(1+i)n. For the PV calculation, enter the following data into the present value calculator: The FV, or future value.

To learn more on Present Value

brainly.com/question/17322936

#SPJ4

7 0
1 year ago
Lee Ann, Inc., has declared a $5.70 per-share dividend. Suppose capital gains are not taxed, but dividends are taxed at 20 perce
castortr0y [4]

Answer:

$89.59

Explanation:

After tax dividend = Dividend * (1-Tax)

After tax dividend = $5.70 * (1-20%)

After tax dividend = $5.70 * 0.8

After tax dividend = $4.56

Ex-Dividend price = Share price - After tax dividend

Ex-Dividend price = $94.15 - $4.56

Ex-Dividend price = $89.59

7 0
3 years ago
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