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kodGreya [7K]
3 years ago
9

On January 1, 2020, Crone Corporation had the following stockholders' equity accounts.

Business
1 answer:
Serga [27]3 years ago
4 0

Answer and Explanation:

February 1

Dr Dividends 113,000

Cr Dividend Payable 113,000

To record the declaration of cash dividends.

March 1

Dr Dividend Payable 113,000

Cr Cash 113,000

To record the payment of dividends previously declared.

April 1

No entry

July 1

Dr Dividends 169,500

Cr Stock Dividends Distributable 169,500

To record the declaration of stock dividends.

December 1

Dr Stock Dividends Distributable 169,500

Cr Common Stock 146,900

Cr Paid in Capital in Excess of Par 22,600

December 31

Dr Income and Expense Summary 398,500

Cr Retained Earnings 398,500

To record the net income.

December 31

Dr Retained Earnings 282,500

Cr Dividends 282,500

To close the dividends account.

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Complete the following table by selecting the term that matches each definition on the left.
Elanso [62]

Answer:

The correct answers are the following:

1 - C

2 - B

3 - D

4 - A

Explanation:

1 - C: The market labor demand curve is represented graphically by the relationship between the wage rate and the quantity of labor firms are willing to hire in a market due to the fact that the firms are the ones who are looking for workers and therefore they demand it.

2 - B: The market labor supply curve is represented graphically by the relationship between the wage rate and the quantity of labor that the workers are willing to provide due to the fact that they are the one who put their work in the market in order to be used.

3 - D: The marginal product of labor represents the increase in the amount of output from an additional unit of labor that an additional worker puts in the firm.

4 - A: The value of the marginal product of labor comprehends the additional revenue the firm receives from selling the output produced from and additional unit of labor that an additional worker put in the firm.

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3 years ago
The cost of raising capital through retained earnings is the cost of raising capital through issuing new common stock. The cost
Licemer1 [7]

Answer:

Explanation: Cost of equity can be defined as the return that the investors demand for bearing the risk of ownership in company's equity shares. It can be computed by using CAPM model which is represented as follows :-

cost of equity = risk free rate + beta *(market risk premium)

K_e=\:R_f\:+\beta \left ( Er_m \right )

K_e=\:3.86\%\:+\b0.92 \left ( 5.75\% \right )

         = 9.15%

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3 years ago
What is the greatest concern with applying new technologies like the cloud in manufacturing?
Sergeu [11.5K]

Answer:

Theft of intellectual property.

Explanation:

Cloud computing is making hardware, software and data available on demand via a network, often the internet. The cloud stands for a network that, with all the computers connected to it, forms a kind of 'cloud of computers', where the end user does not know how many or which computers the software runs on or where those computers exactly stand. In this way, the user no longer needs to be the owner of the hardware and software used and is therefore not responsible for maintenance. The details of the information technology infrastructure are hidden from view and the user has his own virtual infrastructure, scalable in size and possibilities. The cloud is therefore a technique with which scalable online services can be offered. Without the ability to scale, an online service offered does not relate to cloud computing.

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3 years ago
Keith enjoys cutting hair and he just graduated from a cosmetology program. He has opened up his own shop, but it has not grown
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Answer:

Franchises.

Explanation:

A franchise is formed when a third party is given the right to market products using the brand name of a parent company. There is usually an agreement between the parent company and the third party on profit sharing from the franchise.

In this scenario Keith wants to try a brand recognition of a national chain, but he wants to stay in his local area and be the owner of the shop.

The best option is to form a franchise where he can use the national brand to grow his business locally.

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3 years ago
Rashan's family is always telling him he's worthless and will never be successful at anything he does. Eventually, he reaches a
Ivenika [448]

Answer:

Self-esteem

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Self-esteem is a person's evaluation of their worth. This evaluation is subjective as it may not be based on reality. Self-esteem is influenced by one's environment including peer groups, family, and coworkers.

Self-esteem induces the following feelings: shame, despair, pride, and triumph. It determines if a person likes themselves or not. People with high self-esteem are happy and comfortable with themselves, while those with low self-esteem are often depressed.

Rashan's self-esteem has gone low as he now believes what his family is telling him. That he is worthless.

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4 years ago
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