Answer:
A company declares a 5% stock dividend.
The debit to retained earnings is an amount equal to - the market value of the shares, that are to be issued.
We can say that a retained earnings balance is increased when we are using a credit and this is decreased when we make a debit.
A retained earnings is the total amount of money left, after all the expenses and dividends are paid by the company.
figure it out on you own
Step-by-step explanation:
DUMMY
Answer: 137.17 miles
Step-by-step explanation: To know the driven miles, we will have to find the extra money paid divided by the unitary price of each driven mile.
Extra money=$29.46-$25=$4.46
Miles=
=31.17 miles
However, this price per mile is only charged after 100 miles, therefore we will have to sum the extra miles driven and the 100 miles for the basis
Total=100 miles+31.17 miles=137.17