Answer:
The amount of $25,000 will be recorded as the Cash Dividends
Explanation:
The amount which is to be recorded as the cash dividend is computed as:
Cash Dividend = Number of Shares × Rate per share
where
Number of shares is computed as:
Number of shares = Issued Shares - Treasury Stock
= 30,000 - 5,000
= 25,000
NOTE: No dividend is paid on treasury stocks, so the the shares of the treasury stocks are subtracted.
Rate per share is $1
SO, Putting the values above:
Cash Dividend = 25,000 × $1
= $25,000
Answer:
1.23
Explanation:
Inventory turnover is a ratio showing how many times a company has sold and replaced inventory during a given period.
Cost of Sales=Opening Inventory+Purchases-Closing Inventory
=5,500+4,000-3,800= 5,700
Average Inventory= Opening + Closing/2
= 5,500+3,800/2= 4,650
Inventory Turnover Ratio= <u>Cost of Sales</u>
Avg Inventory
= 5,700/4,650=1.23
Trade restrictions tend to preserve relatively few jobs in the protected industries and lead to job losses in other industries. Trade restrictions can vary from quotas, embargoes, standards, subsidies, tariffs and more that make it hard to trade (important/export) goods between two companies and also set prices for these. Depending on what is allowed and what is not different industries can benefit from the trade restrictions and some can be harmed by them.
Answer:
$1,000,000
Explanation:
Gallagher Corporation
Stock option × Option estimated fair value /Numbers of years
Stock option $400,000
Option estimated fair value $10
Numbers of years 4
Hence:
($400,000 × $10) / 4 years
=$4,000,000/4years
= $1,000,000
Therefore pretax compensation expense for year 1 will be $1,000,000
If a person write a check for $759 to make a payment on a loan, then the account balance would be changed as in the balance sheet of the person.
<h3>What is account balance?</h3>
An Account balance is limited as the amount of monetary system that is hold in a specific account in the bank account or in any another account.
From the given case, if a person make a payment of loan, then the account balance would be:
Assets = $36,767 ($37,526 – $759)
Liabilities = $12,086 ($12,845 -$759)
Equity = $32,500
Therefore, the balance of Equity remains unaffected by the payment of loan.
Learn more about the loan, refer to;
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