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
Roman55 [17]
3 years ago
5

On January 1, 2021, Bramble Corp., declared a 10% stock dividend on its common stock when the fair value of the common stock was

$30 per share. Stockholders' equity before the stock dividend was declared consisted of:
Common stock, $10 par value, authorized 200,000 shares;
issued and outstanding 115000 shares $1150000
Additional paid-in capital on common stock 150000
Retained earnings 700,000
Total stockholders equity $2,050,000
What was the effect on Dodd's retained earnings as a result of the above transaction?
a. $180,000 decrease.
b. $360,000 decrease.
c. $600,000 decrease.
d. $300,000 decrease.
Business
1 answer:
Pavlova-9 [17]3 years ago
3 0

Answer: See explanation

Explanation:

The effect on Dodd's retained earnings as a result of the above transaction will be calculated as:

Common stock = 115000

Percent of stock dividend = 10%

Stock dividend = 10% × 115000 = 11500

Price per share = $30

Stock dividend = $30 × 11500 = $345000

Therefore, there'll be a $345000 decrease on Dodd's retained earnings. The options given are incorrect.

Assuming, the common stock was 120,000, then the answer will have been (120,000 × $3) = $360,000 decrease.

You might be interested in
How are government corporations useful? Group of answer choices a) Both of the above They undermine the private sector b) They h
GrogVix [38]

both of the above are undermine the private sector.

3 0
3 years ago
These are the 5 metrics that matters most when analyzing a digital marketing campaign.
brilliants [131]

Answer:

#1 = Web traffic is the amount of data sent and received by visitors to a website. This amount necessarily does not include the traffic generated by bots.

#2 = The three main traffic sources are direct, referral, and search, although your website may also have traffic from campaigns such as banner ads or paid search.

#3 = The time-on-page is simply the time difference between the pageview hit of the next page to the current page. In this scenario, the time-on-page will be “0” seconds since the person did not go to any other page.

#4 = When an employer taxes your bonus using the percentage method, it must identify the bonus as separate from your regular wages. The withholding rate for supplemental wages is 22 percent. That rate will be applied to any supplemental wages like bonuses up to $1 million during the tax year.

#5 = Exit rate as a term used in web site traffic analysis (sometimes confused with bounce rate) is the percentage of visitors to a page on the website from which they exit the website to a different website.

4 0
2 years ago
Should eyewitness testimony be allowed in the courtroom? Write at least three paragraphs discussing your position.
Andrews [41]
(Paragraph 1) Should eyewitness testimony be allowed in the courtroom? No but at the same time yes. There are many reasons why they should but shouldn't. It is a risk to their safety, some eyewitnesses are not liable, they could be paid off but at the same time their testimony could help win a case. (Paragraph 2) Depending on a crime, the eyewitness safety could be in danger. If the case was against a member of a gang or mafia. They could send someone after that witness. This is reason why we have the Witness Protection Program. If they testify they put their lives at risk. (Paragraph 3) Having a witness is a key thing to have. If you have a witness you are the one who most likely the one to win the case. In some cases you could have problems with the witness not being liable, getting paid off to not say anything or to lie. Or in most cases if they are confused they will not have them testify. Or they aren't straight on the details and keep changing the story that usually means they are lying on what they saw. Note: This is a summary. Add more and edit it to make it sound like something you would type.
7 0
3 years ago
If the keyword an advertiser is bidding on is used in the ad and on the landing page, then the advertiser will receive a higher
cricket20 [7]

Answer:

If the keyword an advertiser is bidding on is used in the ad and on the landing page, then the advertiser will receive a higher Quality Score for

ad relevance.

Explanation:

Ad relevance is a component that gives an advertiser higher quality score.  It is an indication that the keyword is optimized to meet the customer's search query.  It shows how closely the ad matches the customer's search because a correlation exists between the keyword, the ad, and the post-click landing page.  It is paramount to achieve ad relevance in any pay-per-click advertising (PPC), otherwise called search engine marketing (SEM) or search advertising, to justify the ad costs.

8 0
2 years ago
Which of the following accounts would not appear on a schedule of cost of goods manufactured?
kotykmax [81]

The following accounts would appear on a schedule of cost of goods manufactured- Depreciation of factory equipment

Explanation:

<u>The cost of goods manufactured (COGM) schedule</u> is used to calculate the cost of all the items produced during a given reporting period.

<u>The cost of good manufactured schedule</u> gives companies an idea about their production cost(i.e whether it is too high or low) in relation to the sales they are making

<u>The formula to calculate the COGM i</u>s:

Add: Direct Materials Used

Add: Direct Labor Used

Add: Manufacturing Overhead

Add: Beginning Work in Process (WIP) Inventory

Deduct: Ending Work in Process (WIP) Inventory

= COGM

7 0
3 years ago
Other questions:
  • Suppose you are shipping 1,000 pounds of product to a customer location that is 500 miles away from you. The customer calls you
    9·1 answer
  • What does apartheid mean and what country in africa practiced it?
    12·1 answer
  • AP North Company has completed all of its operating budgets. The sales budget for the year shows 50,000 units and total sales of
    5·1 answer
  • Internal-operational communication is defined as:
    6·1 answer
  • Assume that you have a subsidiary in Australia. The subsidiary sells mobile homes to local consumers in Australia, who buy the h
    8·1 answer
  • A benchmark market value index is comprised of three stocks. Yesterday the three stocks were priced at $30, $38, and $90. The nu
    13·1 answer
  • Most of us have similar values, but we might put them in vastly different orders of importance.
    6·1 answer
  • 1.<br>What is business? Explain its characteristics.​
    5·1 answer
  • The overall process of building and maintaining profitable customer relationships by delivering superior customer value and sati
    13·1 answer
  • Which statement(s) most directly apply to capitalism? i. there is heavy government regulation of industry. ii. individuals can s
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!