Answer:
The correct answer is B
Explanation:
Organizational environment is the environment which is comprise of the forces that surrounds the firm which affect the resources, performance and operations.
Mechanistic structure, it is also called as the structure of bureaucratic, which is defined as the organizational structure which is grounded on the centralized and the formal network. It is characyerized through the particular responsibilities as well as jobs. Under this structure, it is easy as well rarely needs to changed when the firm operates in an environment which is stable.
Answer:
(1) stock dividends
retained earnings will decrease by 2.830.500
total stockholders equity will remain unchanged. the rdecrease in RE is countered with the increase in common stock and additinal paid-in capital
the price will be kept at $51 as the company reocgnize this as the stock value when issuing the shares by using additional paid-in account for the difference between par value and market value
(2) the stock split
It generates no effect on the accounting as just additional shares at issued but the total capitalization and equity values are the same.
The price per share will be half as there is now double amount of shares:
$1 par value
and $25.50 market value
Explanation:
stock dividends
amount of shares issued:
370,000 shares x 15% = 55,500 shares
Retained Earnings decrease: 55,500 x 51 = 2.830.500
55,500 x $ 2 par value = 111,000 common stock
55,500 x $ (51-2) = 499,500 additional paid-in
When a full set of general-purpose financial statements are presented, comprehensive income and its components should (D) be presented as part of the Income Statement or as a separate financial statement following the Income Statement.
<h3>Comprehensive income and its components:</h3>
- Comprehensive income and its components should be reported as part of the Income Statement or as a separate financial statement after the Income Statement when a full set of general-purpose financial statements is furnished.
- Net income (or loss) plus/minus other comprehensive income items, which may include, for a period: (a) a minimum pension liability adjustment, (b) any unrealized gain or loss on available-for-sale investments, (c) a foreign currency translation adjustment and gain/loss on the related hedge, and (d) the effective portion of cash flow hedges.
- For-profit entities are required by US GAAP to report comprehensive income and its components for a period (unless the entity has no other comprehensive income) in one of two statements:
- In the form of a separate "Statement of Comprehensive Income"
- Or when paired with the Income Statement, a "Statement of Net Income and Comprehensive Income" is produced.
Therefore, when a full set of general-purpose financial statements are presented, comprehensive income and its components should (D) be presented as part of the Income Statement or as a separate financial statement following the Income Statement.
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The correct question is given below:
When a full set of general-purpose financial statements are presented, comprehensive income and its components should:
A. Appear below income from continuing operations in the Income Statement.
B. Reported net of related income tax effect, in total and individually.
C. Appear in a supplemental schedule in the notes to the financial statements.
D. Be presented as part of the Income Statement or as a separate financial statement following the Income Statement.
Answer:
$13,000
Explanation:
Calculation for what The ending balance of the Work in Process Inventory account for the Fabricating Department is:
Beginning Balance 10,000
Add Direct Materials 76,000
Add Direct Labor 24,000
Add Factory Overheads 12,000
(50% *24,000)
Less Work Transferred (109,000)
Ending Balance $13,000
Therefore The ending balance of the Work in Process Inventory account for the Fabricating Department is:$13,000
Answer: $17980
Explanation:
The amount of overhead that should be applied to Job 65A would be calculated as:
= Overhead cost × (Machine hours in January/Total machine hours)
= 916400 × (31/1580)
= $17980
