Devendra Company pays cash dividends of $600. The entry for this transaction will include a debit of $600 to

Answers

Answer 1

Answer:

Dividend

Explanation:

Based on the information given if the Company pays CASH DIVIDENDS of the amount of $600, the Appropriate journal entry for this transaction will include a DEBIT of $600 to DIVIDENDS

as the $600 represent CASH DIVIDEND amount paid by the company.


Related Questions

The square root rule _____. Multiple choice question. is a method of estimating the impact of changing the number of locations on the quantity of inventory held. the period of time when an unknown amount of inventory is on hand. specifies the amount of risk of incurring a stockout that a firm is willing to incur. is used to determine the order size for a one-time purchase.

Answers

Answer:

is a method of estimating the impact of changing the number of locations on the quantity of inventory held

Explanation:

The rule of the square root stated that the total safety stock should be determined by multiplying the total inventory from the square root of the no of warehouse locations near in future and then it should be divided by the present number

So it is the method of predicting the effect of number of locations that are changed and are based upon the inventory quantity

Therefore the above statement should be considered

A tiny South Pacific island nation produces large quantities of honey-based products. To protect this industry, the island government mandates that only designated trading companies can import the crop, each of which is allocated the right to import a maximum number of pounds of honey each year. This is an example of a(n)

Answers

Answer:

Import quotaa

Explanation:

By import quota, we are talking about a type of trade restriction. This particular type of restriction in trades puts a limit on the number or quantity of a commodity that can be imported into a given country as a particular time. When such types of restrictions are put in place the makers of this type of commodity in this economy benefits.

In this question we can see that Pacific island nation would benefit given that there would be less import of the crop. the restriction on imports would make more buyers turn to them.

give two reasons for using creative thinking​

Answers

Answer:

to solve problems To find solutions to problems orto find ways to improve business

Amelia is getting ready to sell her house. Her agent wants to do a CMA to help her determine the listing price. Amelia says it's not necessary, as she has the appraisal of the home from when she bought it eight years go. Her agent informs her that that valuation is no longer accurate. What principle of value is driving her agent's opinion

Answers

Answer:

Principle of change.

Explanation:

CMA is an acronym for comparative market analysis and it can be defined as an estimate of the value of a house based on the market value of similar houses that were sold in the immediate area where it's located. Thus, it's a tool used by real estate agents to determine or measure the value of a property for a seller.

In this scenario, Amelia's agent informed her that the valuation of eight years ago is no longer accurate.

Hence, the principle of value that is driving her agent's opinion is a principle of change.

The expen Accounting changes are often made and the monetary impact is reflected in the financial statements of a company even though, in theory, this may be a violation of the accounting concept of se recognition principle states that expenses should be matched with revenues. Another way of stating the principle is to say that:

Answers

Another way of saying the above is that d. efforts should be matched with accomplishments.

The Matching Principle in Accounting falls under the Accrual basis which means that expenses should be matched to the period they were incurred and revenue should be matched to the period it was received for.

This ensures that the expenses match the revenue. Another way to say this is that efforts should be matched with their accomplishments because the business incurred expenses as efforts in a period in order to be able to get revenue as accomplishments in that same period.

For example, a business paying salespeople $30,000 in a year are doing so because they hope those salespeople will sell more than that $30,000 in that same year.

In conclusion, matching expenses to revenue is like matching efforts to accomplishments.

For more information on the Accrual basis take a look at https://brainly.com/question/13464862.

The following happened in a recent M&A transaction:
PP&E of the target company was increased from its original book basis of $650 million to $800 million to reflect fair market value for book purposes in accordance with the purchase method of accounting.
No "step-up" for tax purposes
Original tax basis of $650 million
Assuming a corporate tax rate of 35%, for book purposes, the company should record the following:
A. A deferred tax liability equal to $280 million
B. A deferred tax asset equal to $280 million
C. A deferred tax liability equal to $52.5 million
D. A deferred tax asset equal to $52.5 million

Answers

Answer: D. A deferred tax asset equal to $52.5 million

Explanation:

Original book basis of PP&E = $650 million

Fair market value = $800 million

Then, we calculate the difference between the fair market value and the original book value which will be:

= $800 million - $650 million

= $150 million

Then, the deferred tax liabilities will be:

= 35% × $150 million

= $ 52.5 million

Therefore, assuming a corporate tax rate of 35% for book purposes, the company should record a deferred tax asset equal to $52.5 million.

A man who had been living with a woman in an old farmhouse left without warning. In a note, he told her that he was not coming back other than to get his possessions in the spring, and he told her not to touch them. Among his possessions was an extensive set of woodworking tools that he kept in a workshop. During the winter, the cost of heating the farmhouse, which the two had previously shared, became too high for the woman to pay. The manager of the local heating oil company agreed to provide heating oil in exchange for unlimited use of the woodworking tools. The man learned that the tools were being used by the manager of the heating oil company and sued the woman for conversion. No harm was done to the tools. If the woman prevails, what is the most likely reason

Answers

Answer: No harm was done to the tools

Explanation:

Most times people tend to bridge agreement that they had with other person's, especially when they find out the agreement will favour them. The woman had no right to give out the property of her co-tenant to oil company man, while the co-tenant has every right to sue her, but what would be her escape would be that the tools were still intact, while her reason would be that she wanted to maintain their stay there, which the option was a way to do it.

A firm with $600,000 in sales, cash on hand of $750,000, liabilities of $200,000 and total assets of $1 million has a total asset turnover of ______ times. A firm with $600,000 in sales, cash on hand of $750,000, liabilities of $200,000 and total assets of $1 million has a total asset turnover of ______ times.

Answers

Answer: 0.6

Explanation:

Sales = $600,000

Cash on hand = $750,000,

Liabilities = $200,000

Total assets = $1 million

The formula for assets turnover is:

= Sales / Assets

where,

Sales = $600,000

Assets = $1,000,000

Therefore, asset turnover = $600,000 / $1,000,000 = 0.6

Therefore, the assets turnover is 0.6

Five key success factors for a successful business

Answers

Answer:

Plz mark me as brainliest

Explanation:

the 5 Key Success Factors are:

Strategic Focus (Leadership, Management, Planning)

People (Personnel, Staff, Learning, Development)

Operations (Processes, Work)

Marketing (Customer Relations, Sales, Responsiveness)

Finances (Assets, Facilities, Equipment)

The Phillips curve was ________. Group of answer choices all of the choices are correct. adopted by economic policy teams in the Kennedy and Johnson administrations discredited in the 1970s, when both inflation and unemployment were relatively high influential in efforts to bring the unemployment rate down to low levels

Answers

Jared works in a clothing store and hears a customer complain about a damaged shirt he bought. What behavior can Jared show to demonstrate good communication skills with a client? o) prevent the customer from quickly explaining the store's return policy o b) return what they heard once the customer has finished talking c) ask the customer how the shirt was damaged d) promise the customer a full refund even though it is against the policy

The Rybczynski theorem asserts that in a two-good world, and assuming that product prices stay constant, growth in the endowment of one factor of production, with the other factor unchanged, will lead to:
A. An equal percentage increase in the output of both goods.
B. An increase in the output of the good that uses the growing factor intensively and a decrease in the output of the other good.
C. An increase in the output of both goods but a greater percentage increase in the output of the good that uses the growing factor intensively.
D. An increase in the output of the good that uses the growing factor intensively and no change in the output of the other good.

Answers

Answer:

The answer is "Option b".

Explanation:

The theorem of Rybczynski affirms that certain expansion in the endowments of one factor of manufacturing throughout the two-good economy, with other unchanged factors, which would be the result in increased output for the product that employs the increasing factor as well as a drop throughout the output of the other good.

After operating for years as a privately held corporation, MidAtlantic Ironworks plans to publicly trade its stock. As a midsized firm, MidAtlantic wants to avoid excessive paperwork, and the fear of being delisted in the future. The ________ provides the best fit for MidAtlantic's plans.

Answers

Answer:

I think the answer is"manager".

As a midsized firm, MidAtlantic wants to avoid excessive paperwork, and the fear of being delisted in the future. The over-the-counter market provides the best fit for MidAtlantic's plans.

What is over-the-counter market?

Without the use of a central exchange or broker, market participants can trade stocks, commodities, currencies, or other financial instruments directly between two parties in a decentralized market known as an over-the-counter (OTC) market.

Since there are no physical sites for over-the-counter markets, trading is done online. Comparing this to an auction market structure is completely different. OTC marketplaces often have less transparency and are subject to fewer restrictions than exchanges.

By quoting prices at which they will purchase and sell a security, currency, or other financial instruments, dealers serve as market makers in an OTC market. In an OTC market, a trade can be made between two parties without the other parties being aware of the price at which the deal was made.

Even though OTC markets run smoothly most of the time, there remains a risk known as a counter-party risk that one of the parties to the transaction may default before the deal is finished or won't fulfill the current and future payments that are stipulated in the contract.

Learn more about over-the-counter market, here

https://brainly.com/question/13916369

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Portillo's Fast Food restaurants are changing their hot dog vendor. The company has realized that in order to stay competitive, its hot dogs need to be made larger and shorter so that they can fit in a new smaller-sized hot dog bun. Consequently, Portillo's is looking for a vendor that can provide a product according to its new specifications at a price that is less than what it was paying in the past. At what stage in the business buying process is Portillo's

Answers

Answer: supplier search

Explanation:

Portillo's Fast Food restaurants are in the supplier search stage in the business buying process. The supplier search refers to the stage of the business buying process whereby the buyer or the company seeks the best suppliers or vendors.

The company can compile a list of suppliers and make a research about them to know the one that's most appropriate to carry out the job at hand and will be most effective and efficient. This can be infered from the question as Portillo's is looking for a vendor that can provide a product according to its new specifications at a price that is less than what it was paying in the past.

•Urgent• research report on a product
Criteria ^^ 400-500 words

Answers

It looks like there aren't many great matches for your search

A customer slipped and fell in a store and was severly injured. As required by state regulation, the store's manager conducted an investigation into the cause of the accident and filed the report with the appropriate state agency. The customer subsequently retained an attorney, who filed a civil action against the store in federal district court. The complaint alleged that the store negligently left a spill on the floor of the store, which caused the customer's fall. The customer's attorney served on the store a request for production of documents, which included a request for all documents and reports prepared by the store that relate to the customer's fall and injury. If the store believes that the report prepared by the store manager is protected from discovery under the work product doctrine and the store wants to withhold disclosure of the report, what should the store do

Answers

Answer:

The manager notes are protected by a qualified immunity from discovery under the work product doctrine. The store is not liable to disclose report unless there is substantial need.

Explanation:

The customer has fell in a store because of store negligence not because of store manager's negligence. The court decided a case based on facts. The customer's attorney may ask store to produce reports which serve a base for customer injury. Manager notes are protected and therefore they cannot be disclosed unless the court demands it.

A builder from State A sued a homeowner from State B for breach of contract in federal court, alleging that the homeowner failed to pay the second half of the agreed-upon price for completion of construction on a house. The process server attempted to serve the summons and complaint on the homeowner at the house, but after two failed attempts, instead served it on an elderly next-door neighbor, who was out in the front yard and volunteered to accept it on the homeowner's behalf. The homeowner then filed a motion to dismiss for insufficient process. Assume that the requirements for service of process in both states are identical to the requirements of the Federal Rules of Civil Procedure. Is the court likely to dismiss the action for insufficient process

Answers

Answer:

No

Explanation:

It is very unlikely they the case is dropped for insufficient process as the scenario does not describe any defect in the documentation and writings contained in the document. The issue with the process is likely in the manner in which the document was served. This is because, the document was served to an elderly next door neighbor which in a way can allow the homeowner to file for insufficient service of process. Therefore, the homeowner will most likely fail in it's quest to have the case dropped for insufficient process based on the argument presented above.

Sheffield Corporation retires its $980000 face value bonds at 104 on January 1, following the payment of annual interest. The carrying value of the bonds at the redemption date is $1016701. The entry to record the redemption will include a debit of $39200 to Premium on Bonds Payable. credit of $2499 to Loss on Bond Redemption. debit of $2499 to Loss on Bond Redemption. credit of $39240 to Premium on Bonds Payable.

Answers

Answer:

credit of $36,701 to Discount on Bonds Payable

Explanation:

Dr Bonds payable $980,000

Dr Loss on bond redemption $2,499

[$1,016,701-($980,000 x 104%)

Cr Discount on bonds payable $36,701

($1,019,200-$980,000-$2,499)

Cr Cash $1,019,200

($980,000 x 104%)

The entry to record the redemption will include

a credit of $36,701 to Discount on Bonds Payable

On January 1, 2016, Weaver Company purchased as held-to-maturity debt securities $500,000 face value of Park Corporation's 8% bonds for $456,200. The bonds were purchased to yield 10% interest and pay interest annually. The bonds mature on January 1, 2021. Weaver uses the effective interest method of amortization. What amount should Weaver report on its December 31, 2016, balance sheet as an investment in held-to-maturity debt securities

Answers

Answer:

$461,820

Explanation:

Calculation to determine What amount should Weaver report on its December 31, 2016, balance sheet as an investment in held-to-maturity debt securities

First step

Amortization of discount= Purchased value of bond × interest rate of return - face value of bond × interest rate

Amortization of discount= $456,200 × 10% - $500,000 × 8%

Amortization of discount= $45,620 - $40,000

Amortization of discount= $5,620

Now the amount reported is

investment in held-to-maturity debt securities= Purchased value + discount amortization

investment in held-to-maturity debt securities= $456,200 + $5,620

investment in held-to-maturity debt securities= $461,820

Therefore What amount should Weaver report on its December 31, 2016, balance sheet as an investment in held-to-maturity debt securities is $461,820

what are the benefits of traditional Technology​

Answers

Answer:

They dont cost like a thousand dollars.

Explanation:

Explanation:

They don't cost of thousand dollars.

a tv retailer suppose that in order to sell a number of tvs the price per unit must follow the model p=600-0.3n

Answers

answer:
you would have to sell 2,000 tvs the price per unit each 600 to follow the model
step-by-step explanation:
p = 600 - 0.3n
600/0.3
p = 2,000n

You are the account manager for an Internet service provider. A customer contacts you and complains that her recent billing statement was incorrect. After looking over the statement, you determine that the customer is mistaken: the statement is correct. What should you do before writing your message

Answers

Answer:

As usual we should correct our mistake

Before you move forward, summarize the changes you will need to make to your new budget. Describe these changes in at least two sentences.

Answers

Answer: yes

Explanation:

The right answer on edge is: I need to change my budget so that I save at least $300 per month. Over twelve months, this will increase my savings by $3,600. I also need to change my budget to save for a new computer, so I need to save an extra $100 a month for that. In total, I need to save $400 a month.

Answer:

The right answer on edge is: I need to change my budget so that I save at least $300 per month. Over twelve months, this will increase my savings by $3,600. I also need to change my budget to save for a new computer, so I need to save an extra $100 a month for that. In total, I need to save $400 a month.

Explanation: I just did the test an got a 100

(Choose the most appropriate answer from the choices below) In an assembly line balancing problem, work station cycle time.
I. will decrease as the required production per day increases, other things remaining the same.
II. will increase as the required production per day increases, other things remaining the same.
III. will decrease as the production time per day increases, other things remaining the same.
IV. will increase as the production time per day increases, other things remaining the same.
A. IV
B. II
C. I
D. III
E. I. and IV

Answers

Answer:I need points

Explanation:

Hola

Calculate the WACC for the following data: A company raised $100,000,000. $50,000,000 came from the sale of bonds which have a current yield of 8%. $25,000,000 came from the sale of common stock which has a cost equal to 14%. The final $25,000,000 came from the sale of preferred stock which has a cost equal to 10%. The company's tax rate is 50%.Group of answer choices

Answers

Answer:

WACC = 8%

Explanation:

WB = Weight of bond = Amount raised from bond / Total amount raised = $50,000,000 / $100,000,000 = 0.50

WC = Weight of common stock = Amount raised from common stock / Total amount raised = ($25,000,000 / $100,000,000) = 0.25

WP = Weight of preferred stock = Amount raised from preferred stock / Total amount raised = ($25,000,000 / $100,000,000) = 0.25

CB = Cost of bond = Current yield of the bond * (100% - Tax rate) = 8% * (100% - 50%) = 4%

CC = Cost of common stock = 14%

CP = Cost of preferred stock = 10%

Therefore, weighted average cost of capital (WACC) can be calculated as follows:

WACC = (WB * CB) + (WC * CC) + (WP * CP) = (0.50 * 4%) + (0.25 * 14%) + (0.25 * 10%) = 0.08, or 8%

A payday loan company has decided to open several new locations in the city. To decide where to open these locations it hires consultants and pays them per store opened. At the end of the quarter, the company notices a many of the new stores’ sales volume fail to meet expectations. To incentivize the consultants to instead focus on opening profitable stores, the company should have paid them

A. Per store opened
B. A percentage of the profit earned per new store
C. A fixed salary
D. All of the above

Answers

Answer:

B. a percentage of the profit earned per new store

Some argue that ____________ is actually in the long-term best interests of the corporation. This argument, referred to as ____________, is based on the notion that socially responsible corporations benefit by creating ____________ for themselves, thus motivating consumers to purchase their products, investors to buy their stock, and lawmakers to grant them further legal advantages.

Answers

Answer:

social responsibility; enlightened corporate self-interest; goodwill.

Explanation:

Corporate social responsibility (CSR) can be defined as a strategic management concept which typically involves socially contributing to the growth and development of the people, community and the world at large. Thus, it's an organization's obligation to act in a manner that benefits and adds significant value to the society, usually it has its business operations.

Some examples of CSR programs are building of roads, provision of electricity, water supply, establishing health care centers, awarding scholarships, etc.

A corporation can be defined as a corporate organization that has facilities and owns or controls assets used for the production of goods and services in at least one country other than its headquarter (home office) located in its home country.

Corporations can be sold to investors through stocks or shares, as a public entity. Thus, a company that engages in the sales of ownership shares to many investors is referred to as a corporation.

Actually, some economists argue that social responsibility is in the long-term best interests of any corporation that is engaged in it. This argument is simply referred to as enlightened corporate self-interest, posits that a corporation that is socially responsible benefit by creating goodwill for itself. Consequently, this would motivate consumers to purchase its products, investors to buy its stock, and lawmakers to grant the corporation further legal advantages.

LeBron's Bookstores has two divisions: media and books. The media division had another great year with net sales of $14 million, cost of goods sold of $8 million, operating expenses of $3 million, and income tax expense of $900,000. The book division did not do as well and was sold during the year. The loss from operations and sale of the book division was $400,000 before taxes and $280,000 after taxes. Assuming the sale of the book division is reported as a discontinued operation, at what amount did LeBron's Bookstores report the discontinued operations

Answers

Answer:

$1,820,000

Explanation:

Calculation to determine at what amount did LeBron's Bookstores report the discontinued operations

Using this formula

Discontinued operations=Net sales-Cost of goods sold -operating expenses - Income tax expense -After taxes

Let plug in the formula

Discontinued operations= $ 14 million-$8 million-$3 million-$900,000-$280,000

Discontinued operations=$1,820,000

Therefore what amount did LeBron's Bookstores report the discontinued operations will be $1,820,000

Manuel Tores, a senior manager at Crawford Export Logistics, goes to France to negotiate a deal with the company's French partners. He dresses casually in a t-shirt and jeans. His French counterparts call off the meeting and accuse him of taking a casual attitude toward negotiations. In this scenario, dressing formally during business meetings is probably a cultural ________ for the French.

Answers

In the given scenario, formal dressing during the business meeting should be a cultural imperative for the french.

A cultural imperative should be

Cultural norm.Cultural custom.Cultural behavior.

Where everyone should abide by what belongs to the culture.

It should be confirmed in order to become successful. An example is the building of a relationship.

Since in the french culture wearing a formal dress while having a business meeting should become important so each and everyone should follow it.

So we can conclude that In the given scenario, formal dressing during the business meeting should be a cultural imperative for the french.

Learn more about the culture here: brainly.com/question/2182263

Profession in medical are not practice for money but for public welfare? Do you support this statement? Explain.

please help me ​

Answers

Answer:

Explanation:

if a Doctor decrease his price than poor people can get a better health care for them it

Suppose the price elasticity of supply for dog biscuits is 0.8 in the short run and 1.4 in the long run. If an increase in the demand for dog biscuits causes the price of dog biscuits to increase by $15, then the quantity supplied of dog biscuits will increase by about

Answers

Answer:

12% short run, 21% long run

Explanation:

In the short run, the price elasticity for biscuits is 0.8

0.8×15

= 12%

In the long, run the price elasticity for biscuits is

= 1.4×15

= 21%

Hence the quantity of supplied dog biscuits will increase by 12% in the short run and 21% in the long run

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