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vodka [1.7K]
3 years ago
9

The board of directors of Swifty Corporation declared a cash dividend of $2.75 per share on 40000 shares of common stock on July

15, 2020. The dividend is to be paid on August 15, 2020, to stockholders of record on July 31, 2020. The effects of the journal entry to record the payment of the dividend on August 15, 2020, are to increase stockholders’ equity and decrease assets. decrease liabilities and decrease assets. increase stockholders’ equity and increase liabilities. decrease stockholders’ equity and decrease liabilities.
Business
1 answer:
WARRIOR [948]3 years ago
5 0

Answer:

a. Decrease liabilities and decrease assets

Explanation:

First option "Decrease liabilities and decrease assets" is the correct option as far as only payment part of Journal entry is concerned.

Since Dividend is declared on 15 July on That date entry would have been:

Shareholder's Equity........Dr

To Dividend Payable(Liability) A/c......Cr

Then, on Payment date i.e. 15 august entry would be:

Dividend Payable(Liability)A/c.......Dr

To cash/Bank A/c..........Cr

Therefore, Liability is Decrease also asset is decreased on 15th August, 2020.

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The PPP theory fails in reality for all of the following reasons EXCEPT Group of answer choices monopolistic or oligopolistic pr
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Answer:

inflation rates are unrelated to money supply growth.

Explanation:

purchasing power parity which is regarded as (PPP) is a macroeconomic analysis metric which gives comparison between economic productivity aas well as standards of living existing between countries. It can be regarded as economic theory which gives comparison of currencies of different countries using an approach of "basket of goods". The PPP theory can hold in reality for instance, when inflation rates are unrelated to money supply growth.

EXCEPT Group of answer choices monopolistic or oligopolistic practices in goods markets. restrictions on trade. the inflation data reported in different countries are based on different commodity baskets.

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3 years ago
Which of the following is not a type of bank? A. Credit Union B. Online Bank C. Payday Lender D. Retail Bank
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The answer from given choice is "C", "Payday Lender" is not a type of bank.<span>

Payday lender involve the basic loan procedure where a lender is providing a short-term loan which has to be paid back when the borrower's next payday come, that is a simple loan process which has nothing to do with a bank.</span>

7 0
3 years ago
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The level of analysis to use when identifying user goals is the _______.​ a. ​ elementary activity level b. ​ temporal event lev
Aliun [14]

Answer:

elementary business process level

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3 0
3 years ago
Consider a file whose size varies between 4 kb and 4 mb during its lifetime. which of the three allocation schemes (contiguous,
uranmaximum [27]
Table/indexed.  
Let's look at the three options and see what their advantages and disadvantages are:  
Contiguous - In this scheme, the file is stored in contiguous blocks of the disk. It allows for easy random access of the data, but requires a contiguous sequence of blocks large enough to handle the entire file. Since the size of the file specified in this question varies quite a bit over it's lifespan, you're either going to be wasting a lot of space by having an allocation large enough to handle the maximum sized file, or the file will need to be copied whenever it grows and "bumps" into a file that was allocated after it. Because of this, this method is not the best.  
Linked - The file is stored as a single, or double linked list of file blocks. This allows for the file to grow or shrink as needed, using only the amount of space needed for the file. Unfortunately, this storage scheme doesn't allow for random access of the file contents and the file can only be accessed sequentially. The question for this problem doesn't specify how the file is being accessed, so as long as random access isn't required, then this would be a reasonable allocation scheme. But I'm assuming that random access will be required, in which case, this scheme isn't ideal.  
table/indexed - In this scheme, some disk blocks are used as tables to point to other disk blocks that actually contain the file data. It's almost as fast as contiguous allocation for random access of the file contents, yet allows for the growth and shrinkage of a file like linked allocation. As such, it handles all use cases at a relatively minor cost in total storage required. So this would be the most appropriate allocation scheme since the file access behavior wasn't specified in this question.
8 0
3 years ago
What's the correct answer? I'll give brainliest
NISA [10]
Hi!

I think you've got the correct answer right there! (A conspicious writing).
4 0
3 years ago
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