The deadweight loss associated with a monopoly occurs because the monopolist:______

Select those statements below that are true about cash dividends.

Serga [27]

Answer: A and C

Explanation: Dividends is an amount of money that is paid out to shareholders by its company. The cash used for this payout comes from the profits that the company made. When dividends are going to be issued, they need to be declared first. Once declaration has occurred this can then be recorded in the books, as it is a guarantee that dividends will be paid out. Dividends payable account is created, and sits in the books until dividends are paid out. On payment date the dividends payable account is closed off, and the bank account is decreased, as cash is leaving the company. This means the following multiple choice options apply:

A) On payment date, current assets are decreased. CORRECT.

When the dividends are actually paid out, then the bank account decreases. Bank is a current asset, which means bank only decreases on payment date.

B) On payment date, retained earnings is decreased. INCORRECT.

Retained earnings are actually affected on declaration date. On declaration date the company decides that it will issue dividends and processes this transaction by debiting retained earnings, as an indication that the profits of the business will decrease on payment date.

C) On declaration date, liabilities are increased. CORRECT.

When the company states that they will issue dividends, they will normally pay it out at a later date. This creates a liability, as an obligation exists that will be fulfilled on a later date.

D) On the date of record, Retained earnings is decreased. INCORRECT.

The record date is the last date to confirm which shareholders will actually qualify to receive a dividend. This has no affect on the financials of the business, and does not constitute any transaction being recorded.

7 0

3 years ago

You own 400 shares of Stock A at a price of $50 per share, 290 shares of Stock B at $75 per share, and 700 shares of Stock C at

andreev551 [17]

Answer:

0.67

Explanation:

Beta measures the systemic risk of a portfolio

The portfolio's beta can be determined by adding together the weighted beta of each stock in the portfolio

weighed beta of a stock = percentage of the stock in the portfolio x beta of the stock

total number of stocks in the portfolio 400 + 290 + 700 = 1390

(400 / 1390 x 0.6) + (290 / 1390 x 1.2) + (700 / 1390 x 0.5) =

0.17 + 0.25 + 0.25 = 0.67

7 0

3 years ago

Journalizing and posting an adjusting entry for office supplies

belka [17]

Answer:

Office Supplies T-account

<u>Debit :</u>

Beginning Balance $600

Purchases $2,300

Totals $2,900

<u>Credit:</u>

Ending Balance $500

Used (<em>Balancing Figure</em>) $2,400

Totals $2,900

Adjusting Entry

Supplies Expenses $2,400 (debit)

Office Supplies $2,400 (credit)

Posting Entries.

1. Supplies Expense = $2,400 (Debit Balance)

2.Office Supplies = $500 (Debit Balance)

Explanation:

As the supplies are used during the period, recognize an expense : Supplies Expense and de-recognize the Office Supplies Asset account to the extend of the amount of inventory used during the period.

In other words we are taking out an expense (Increasing it) and decreasing an asset : Office Supplies.

5 0

3 years ago

The maximum fine for a first non-driving alcohol-related offense of possession or consumption of alcohol by a minor is? $1,500 $

White raven [17]

The maximum fine for a first non-driving alcohol-related offense of possession or consumption of alcohol by a minor is $500. Option C

This is further explained below.

<h3>What is minor?</h3>

Generally, A person who has not yet reached the age of majority is considered a minor under the law. While the legal age of the majority varies by country and context, it is typically 18 years of age.

An amount that must be paid as restitution for an infraction The driver was required to make a monetary payment for the speeding ticket. Furthermore, forfeiture or penalty is paid to an injured party in a civil lawsuit where that party was found to be at fault. it may also be: a settlement reached in a made-up lawsuit that serves as a method of transferring property ownership.

In conclusion, Option C imposes a maximum punishment of $500 for a first offense of underage alcohol possession or consumption that does not include driving.

Read more about minor

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7 0

2 years ago

Bailey, Inc., is considering buying a new gang punch that would allow them to produce circuit boards more efficiently. The punch

e-lub [12.9K]

Answer:

14.2 years

Do not invest

yes

Explanation:

Discounted payback calculates the amount of time it takes to recover the amount invested in a project from it cumulative discounted cash flows

Cash flow each year = $12,000 - $2,000 = $10,000

Discounted cash flow in year 1 = 10,000 / 1.05 = 9.523.81

Discounted cash flow in year 2 = 10,000 / 1.05^2 = 9,070.29

Discounted cash flow in year 3 = 10,000 / 1.05^3 = 8,638.38

Discounted cash flow in year 4 = 10,000 / 1.05^4 = 8,227.02

Discounted cash flow in year 5 = 10,000 / 1.05^5 = 7,835.26

Discounted cash flow in year 6 = 10,000 / 1.05^6 = 7,462.15

Discounted cash flow in year 7 = 10,000 / 1.05^7 = 7,106.81

Discounted cash flow in year 8 = 10,000 / 1.05^8 = 6,768.39

Discounted cash flow in year 9 = 10,000 / 1.05^9 = 6,446.09

Discounted cash flow in year 10 = 10,000 / 1.05^10 = 6,139.13

Discounted cash flow in year 11 = 10,000 / 1.05^11 = 5846.79

Discounted cash flow in year 12 = 10,000 / 1.05^12 = 5568.37

Discounted cash flow in year 13 = 10,000 / 1.05^13 = 5303.21

Discounted cash flow in year 14 = 10,000 / 1.05^14 =5050.68

Discounted cash flow in year 15 = 10,000 / 1.05^15 = 4810.17

Discounted payback period = [-100,000 + ( discounted cash flows from year 1 to 14) ] + 1013.62/4810.17 = 14.2 years

The cash flows would turn positive between year 14 and 15

If the DPBP is 3 years, the project should not be accepted because the payback period is 14.2 years which is greater than 3 years

Bailey buy the gang punch based on DPBP because the amount invested is recouped with the useful life of the machine

6 0

3 years ago

The deadweight loss associated with a monopoly occurs because the monopolist:_______