Answer: Please refer to Explanation
Explanation:
2014
Oct 1
DR Retained Earnings $7,530,000,000
CR Dividends Payable $7,530,000,000
(To record announcement of dividends payable)
2014
Oct 15
No entry. Not relevant to financial statement.
2014
Oct 20
DR Dividends Payable $7,530,000,000
CR Cash $7,530,000,000
(To record payment of Dividends).
Workings
Dividends Payable.
There are 3 billion shares outstanding and dividends are paid on shares outstanding.
Dividend is $2.51 per $1 per share so,
= 3,000,000,000 * 2.51
= $7,530,000,000
Answer:
Feb 5, 2019 - A. security B. interpersonal power C. influence D. leadership E. authority. ... Miley has formal power in the Coffee Lovers, Ltd. organization while Bob has informal power. One of the primary differences between Miley and Bob is that Miley has ____ within the organizations while Bob does not. asked Feb 5 ...
Explanation:
Answer:
Bonita Industries's cost of goods sold for the year is $844,000
Explanation:
Beginning work in process inventory, $190000
Ending work in process inventory, $230000
Cost of goods manufactured, $866000
Beginning finished goods inventory, $252000
Ending finished goods inventory, $274000
Cost of Goods Sold = Beginning Finished Goods Inventory + Cost of Goods Manufactured – Ending Finished Goods Inventory
Cost of Goods Sold = $252000 + $866000 - $274000
Cost of Goods Sold = $844000
*Beginning work in process inventory and Ending work in process inventory has already been dealt in cost of goods manufactured calculations.
Answer:
Trade is a basic economic concept involving the buying and selling of goods and services, with compensation paid by a buyer to a seller, or the exchange of goods or services between parties.
Answer:
The correct answer is C) Extrinsic reward
Explanation:
Extrinsic reward is reward that an employer gives to an employee in compensation for the achievement of something. In this case, what is achieved is very vague ("good work") but in a real firm, it could be something more specific. For example, a sales manager could reward his top selling employees with a monthly salary bonus.