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Tanya [424]
3 years ago
14

o reduce its stock price, Shriver Food Systems, Inc., declared and issued a 100 percent stock dividend. The company has 800,000

shares authorized and 200,000 shares outstanding. The par value of the stock is $1 per share and the market value is $100 per share. Prepare the journal entry to record this large stock dividend. (
Business
1 answer:
Leya [2.2K]3 years ago
4 0

Answer:

General Journal                                          Debit                               Credit

Retained Earning                                       200,000

               Common Stock                                                                   200,000

Explanation:

(200,000 outstanding shares x 100% stock dividend x $1 par value of the stock) = 200,000 Common Stock.

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The average annual income rises from $25,000 to $38,000, and the quantity of bread consumed in a year by the average person fall
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Answer:

the income elasticity of bread is 20/39 and bread is an inferior good

7 0
3 years ago
A focused low-cost strategy ...A) cannot be sustained over time unless the focuser is aggressive in entering other segments wher
alexandr1967 [171]

Answer:

The correct answer are A and E.

Explanation:

Cost leadership is where the company intends to be the lowest cost producer in its industrial sector. The company has a broad picture and serves many segments of the industrial sector, and can still operate in related industrial sectors. The breadth of the company is often important for its cost advantage. The sources of cost advantages are varied and depend on the structure of the industrial sector. They can include the persecution of economies of scale of own technology, preferential access to raw materials.

A successful cost leadership strategy is disseminated throughout the company, as evidenced by high efficiency, low overhead, limited benefits, waste intolerance, thorough review of budget requests, extensive control elements, rewards linked to cost concentration and extensive employee participation in attempts to control costs.

Some risks of following cost leadership is that competitors could mimic the strategy, decreasing the profits of the industry in general; that technological advances in the industry could make the strategy ineffective or that the interest of the buyers could be diverted towards other characteristics of differentiation besides the price.

4 0
4 years ago
Which document must the borrower receive at least three days before the signing appointment?
sergiy2304 [10]

The document  the borrower must receive at least three days before the signing appointment is: Closing Disclosure.

Closing disclosure is a loan document that contains all the information about the what loan entails.

This closing disclosure tend to contain the following:

  • The loan terms
  • Transaction details
  • Closing information
  • Projected payments
  • Closing costs
  • Summary of loan transaction etc

Closing disclosure document must be received by the borrower at least three days before the borrower sign the appointment so as to give  the borrower time to go through the document or to review the documents and have good understanding of  the loan terms and condition before signed the appointment.

Inconclusion the document  the borrower must receive at least three days before the signing appointment is: Closing Disclosure.

Learn more about closing disclosure here:brainly.com/question/4375643

5 0
2 years ago
Name the parties involved in insurance?
sdas [7]

Answer:

Insured.

Policy Owner.

Beneficiary.

Insurance Company.

Agent/Broker.

Underwriter.

Medical Examiner. » Compare: Term life insurance quotes.

4 0
3 years ago
Huang Aerospace Corporation manufactures aviation control panels in two departments, Fabrication and Assembly. In the Fabricatio
Yanka [14]

Answer:

b. $1,500

Explanation:

The computation of the total amount of manufacturing overhead is shown below:

= Assembly department + Fabrication department

where,

Assembly department equals to

= $30 × 40 machine hours

= $1,200

Fabrication department would be

= $12 × 25 direct labor hour

= $300

So, the total manufacturing overhead would be

= $1,200 + $300

= $1,500

7 0
3 years ago
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