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
Pani-rosa [81]
3 years ago
15

Dividends cause a(n) increase/decrease)_________ in equity and are recorded directly in

Business
1 answer:
Artyom0805 [142]3 years ago
6 0

Answer:

Decrease (debit) in equity, Cash Dividends Payable (credit, liability account)

Explanation:

The journal entry to record the declaration of the cash dividends involves a decrease (debit) to Retained Earnings (a stockholders' equity account) and an increase (credit) to Cash Dividends Payable (a liability account).

(opentextbc.ca)

You might be interested in
A business consulting firm defined its company personality as knowledgeable team-players, who are practical and theoretical. It
frez [133]

Answer:

The firm forget to take Competitive landscape

Explanation:

development of a brand new name is essential in business because it serves as the identity that the business carries along, it includes the name as well as the brand logo that identifies the company from other compititors. It involves some steps such as checking the domains name that is available,screening out problematic names,Competitive landscape step, launching of the brands.

In the case of the question, the step the firm forget to take before moving on to screening out problematic names is Competitive landscape step.

Competitive landscape step helps to foresee the strength as well as other information about other compititors in the industry such as direct and indirect compititors.

7 0
4 years ago
What will be the nominal rate of return on a perpetual preferred stock with a $100 par value, a stated dividend of 8% of par, an
Marrrta [24]

Answer:

a. 13.33%

b. 10%

c. 8%

d. 5.71%

Explanation:

The computation of nominal rate of return is given below:-

Rate of return = Dividend ÷ Current market price

For the first case

= $8 ÷ $60  

= 13.33%

For the second case

= $8 ÷ $80

= 10%

For the third case

= $8 ÷ $100

= 8%

For the fourth case

= $8 ÷ $140

= 5.71%

Note :- To get $8 you need to multiply by $100 by the 8%

8 0
3 years ago
_______________ is intentionally or unintentionally using someone else's work without giving credit to the original author or cr
nasty-shy [4]

Answer:

b. Plagiarism

Explanation:

Plagiarism refers to the action of presenting somebody else work as your original work acknowledging the original author. Plagiarism may be deliberate or unintended. The internet has software applications that assist students and scholars check against plagiarism.

Plagiarism is considered an offense in the academic and scholarly world.

8 0
3 years ago
Read 2 more answers
Ownership of retail outlets may be necessary if: a. products are expended in consumption. b. products are inexpensive. c. the pr
balu736 [363]

Answer:

E. The required standards of after-sales service for complex products are to be maintained.

Explanation:

The standard of after sale service is necessary in a case like this because after sales service is said to be all you need to know regarding or concerning the product you bought or the services that has been rendered to you.

In as much as a market can be any arrangement where buying and selling is been done and the online platform or medium is pulling through in a lot of sales in recent times, retail outlets show not to be always necessary but sometimes can be necessary in a critical case such as the above scenario. Here, the required standards of after sales services for some products which are complex is to be maintained, retail outlets are said to be possibly necessary.

7 0
4 years ago
Mckerchie Inc. manufactures industrial components. One of its products, which is used in the construction of industrial air cond
sweet [91]

Answer:

The minimum price which the company should not go below is $26.00

Explanation:

The minimum price which the company should not go below is the price which covers all cost of manufacturing and non-manufacturing to meeting the special, one-time-only order.

Thus we need to calculate the per unit cost of the special order.

<u>Unit cost of the special order</u>

Direct materials                                 $ 13.00

Direct labor                                         $ 7.00

Variable manufacturing overhead    $ 6.00

Total Cost                                           $26.00

Note

All fixed cost are<em> irrelevant</em> in this calculation as the cost would be incurred whether or not the special order is accepted.

Also the question specifically mentioned that "There would be no variable selling expense on this special order" We need not to include any variable selling expense

8 0
3 years ago
Other questions:
  • A survey of entrepreneurs who started companies last year shows that while virtually all did substantial preparatory research an
    6·1 answer
  • Which of the statements below is not evidence that job lived during the patriarchal period? job's riches were expressed in terms
    10·2 answers
  • What is online bill payment?
    14·2 answers
  • QP Corp. has a beginning retained earnings balance of $16,000. An adjusted trial balance shows total expenses of $24,000 and ser
    15·1 answer
  • What characterizes developing economies? Check all that apply.
    10·2 answers
  • Define job rotation​
    8·2 answers
  • At the end of 2016, Karras Inc. had a debit balance of $141,120 in its accounts receivable. Additionally, Karras had a credit ba
    7·1 answer
  • When people buy more of a certain good as they get more money, this good<br> is considered
    6·2 answers
  • Suppose Securitex is a small firm that has developed a new​ anti-theft device for automobiles. Securitex currently sells its dev
    15·1 answer
  • If new information becomes available that could require a reevaluation of the quantitative level of materiality applied during a
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!