Answer:
Explanation:
The journal entries are shown below:
a. Retained earning A/c Dr $400,000
To Dividend payable A/c $400,000
(Being cash dividend declared)
b. No journal entry is required
c. Dividend payable A/c Dr $400,000
To Cash A/c
(Being the payment is made for cash)
The computation of the dividend is shown below:
= 800,000 shares × $0.50 per share
= $400,000
Answer:
The correct option is D,$3,000,000
Explanation:
The break-even point in dollars =fixed costs /contribution per unit
fixed costs is $900,000
contribution per unit =selling price-variable costs
if variable cost is 70% of selling price , it implies that selling price is 100%, as a result ,contribution is 30% 0r 0.30 (100%-70%)
Break-even in dollars=$900,000/0.3
=$3,000,000
Ultimately, the break-even in dollars is $3,000,000,option D
Answer: The correct answer is "A. Question marks".
Explanation: This firm would be placed in the "Question marks" category of bussiness in the BCG matrix.
The questions are those that still do not know what their evolution will be (usually those that are in the development or launch phase), but which can become star products.
Answer:
The amount of unrealized capital gains he will have after the dividend payment is $1,200.
Explanation:
Apple stock price per share today = $218
Dividend per share = $2
Apple stock ex-date price per share = Apple stock price per share today - Dividend per share = $218 - $2 = $216
Unrealized capital gains = Number of Apple stock shares purchased * (Apple stock ex-date price per share - Price per share at which Apple stock shares were purchased) = 200 * ($216 - $210) = 200 * $6 = $1,200
Therefore, the amount of unrealized capital gains he will have after the dividend payment is $1,200.