Answer:
no option is correct
Explanation:
stocks to be distributed = 13,000 x 12% = 1,560
1,560 stocks x $22 = $34,320
- 1,560 x $6 = $9,360
- 1,560 x ($22 - $6) = $24,960
the journal entry to record the declaration of a small stock dividend (less than 20% of outstanding stocks) should be:
Dr Retained earnings (1,560 x $22) 34,320
Cr Common stock dividend distributable (1,560 x $6) 9,360
Cr Additional paid in capital 24,960
Answer:
A.)
Explanation:
two or more connected computers
Answer: (i), (iii) and (iv)
Explanation:
PPCo is able to provide the entire needs of the county and and has been in operations for a few years gaining loyal customers and controlling the market. Any company that will want to come in will have to fight them for market dominance and as such will have a smaller market share than PPCo.
As PPCo is meet the demands of everyone in the county, they are most likely experiencing Economies of Scale. This means that they are making more revenue thereby driving total cost down as the fixed costs remain the same but Revenue climbs. This classifies them as a Natural Monopoly because Natural Monopolies experience Economies of Scale and declining average total costs.
Incorporating small businesses into local government decisions can help ensure the small town culture within the community.
- Small businesses will also participate and volunteer their time at fairs and festivals, working to connect with members of the community while sharing their services to a large audience.
