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pantera1 [17]
3 years ago
13

Sales has being overcast by 5000

Business
1 answer:
Leno4ka [110]3 years ago
7 0

Answer:

When sales are overcast, it means that the amount of credit sales recorded is higher than the actual amount of credit sales made.

To fix this, send the overcasted amount to the Suspense account and debit the Sales account.

Date    Account Title                                            Debit                    Credit

           Sales                                                        $5,000

           Suspense a/c                                                                        $5,000

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zhannawk [14.2K]

Answer:

60%

Explanation:

The union cannot prohibit Ben from going back to work but they can take disciplinary action against him for doing so. Federal courts have ruled in favor of different unions regarding disciplinary actions and as long as Ben remains a union member he can be fined, but not forced to resign. If Ben wants to avoid paying the fine, he should leave the union before going back to work.

7 0
3 years ago
What is the value of Yutter's stock at the end of Year 1 using the dividend discount model assuming that the dividend payout rat
Blizzard [7]

Answer:

$557,000

Explanation:

Note: <em>Missing word is attached as picture below</em>

Retention Ratio = (Net Income - Dividends) / Net Income

Retention Ratio = (12500 - 3000) / 12500

Retention Ratio = 9500 / 12500

Retention Ratio = 0.76

Retention Ratio = 76%

Sustainable equity growth rate = Retention Ratio * Return on Equity

Sustainable equity growth rate = 76% * 15%

Sustainable equity growth rate = 11.40%

Expected dividend per share = Current Year Dividend  *(100 + Growth Rate)%

Expected dividend per share = 3000 * (100+11.4)%

Expected dividend per share = 3000 * 111.4%

Expected dividend per share = 3342

Value of Stock = Expected dividend per share / (Cost of capital equity - Dividend growth rate​)

Value of Stock = 3342 / (12% - 11.40%)

Value of Stock = $557,000

3 0
3 years ago
What are some of the things many CTSOs do for their members? Check all that apply.
jarptica [38.1K]

Answer:

The correct answers would be option B and D, Provide hands on experience and connect students with experts.

Explanation:

CTSO stands for Career and Technical Students Organization. It is usually a non profit organization of career and technical students which are primarily based in schools or career technology centers. They are often integrated into departments of education on the state level. Their main purpose is to provide assistance and help to the students. They provide hands on experience to the students who want to flourish their career and technical skills before entering into the real markets. They also connect students with the experts of their fields who help them with their studies as well as with their careers.

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A Limited liability corporation would be the ideal business setup for Tina and Lynn based on their needs.

<h3 /><h3>What is a Limited liability corporation?</h3>

It corresponds to a legal business structure where there is greater protection for partners and investors by providing for the separation of personal assets from commercial assets in the event of economic losses.

Therefore, based on the need to protect their personal assets, a limited liability company would be the ideal form of business for them.

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