witt corporation has 80,000 shares of $5 par value common stock outstanding. at year-end, the company declares a five percent stock dividend. the market price of the stock on the declaration date is $20 per share. four weeks later, the company issues the shares of stock to stockholders. a. prepare the journal entry for the declaration of the stock dividend. b. prepare the journal entry for the issuance of the stock dividend. c. assume that the company declared a 30 percent stock dividend rather than a five percent stock dividend. prepare the journal entries for (1) the declaration of the stock dividend and (2) the issuance of the stock dividend.

Answers

Answer 1

In a stock dividend, the par value of the common stock remains the same, but the number of shares outstanding increases.  a. Journal entry for the declaration of the stock dividend:

Retained Earnings 80,000 x $5 x 5% = $20,000

Common Stock Dividend Distributable $20,000

b. Journal entry for the issuance of the stock dividend:

Common Stock Dividend Distributable $20,000

Common Stock 80,000 x 5% = 4,000 shares x $20 = $80,000

c. Journal entries for a 30% stock dividend:

1- Declaration of the stock dividend:

Retained Earnings 80,000 x $5 x 30% = $120,000

Common Stock Dividend Distributable $120,000

2- Issuance of the stock dividend:

Common Stock Dividend Distributable $120,000

Common Stock 80,000 x 30% = 24,000 shares x $20 = $480,000

Note: In a stock dividend, the par value of the common stock remains the same, but the number of shares outstanding increases.

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Related Questions

is how much, or the quantity of a product or service that is desired by buyers at a given price.

Supply

Demand

Market economy

Command economy

Answers

I believe the answer is Demand.
My explanation would be the fact that demand means how much a target market wants a certain product.

which career is likely to earn the high salary

Answers

Answer: Your welcome!

Explanation:

The career that is likely to earn the highest salary depends on a variety of factors, such as the individual's qualifications and experience, the industry they work in, and the specific job they hold. Generally, some of the highest-paying careers include doctors, lawyers, software engineers, and financial analysts. These careers usually require extensive education and training and can offer very high salaries. Other potential high-paying careers include investment bankers, business executives, and software developers.

A company is exchanging its common stock for land in a nonmonetary exchange. This transaction should be valued based upon the fair value of the stock O book value of the land O fair value of the stock issued and the land received fair value of the stock issued and the land recerred whichever is more reliable

Answers

The transaction should be valued based on the fair value of the stock issued and the land received.

In a nonmonetary exchange, where no cash is involved, the exchange is typically valued at the fair value of the asset given up or the fair value of the asset received, whichever is more reliably measurable.

In this case, the fair value of the stock issued and the fair value of the land received are both measurable, and therefore the fair value of both should be used to determine the value of the transaction.

The fair value of the stock can be determined by looking at the current market price or by using other valuation techniques. Similarly, the fair value of the land can be determined by looking at comparable sales or by using other valuation techniques.

By valuing the exchange based on fair value, the company can ensure that the exchange is being recorded at a reasonable and reliable value on their financial statements.

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What is the first and most important of financial planning?

Answers

Making a budget is the most crucial first step in financial planning. While creating a budget is simple, maintaining it is more difficult. having the restraint to take the time, though.

Which component of financial planning is more important?

Essentially, it helps you maintain control over your income, expenses, and assets so that you can manage your money and reach your goals.

What vital component of financial planning?

The connection between objectives and investments is the key component of a sound financial strategy. All of our goals—including home ownership, sending our children to college, witnessing their marriages, and leaving a legacy for our loved ones—are emotionally laden.

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Which of the following tasks would be completed by a radio announcer

Answers

Answer:

Research questions for interviewing guests.

Explanation:

A Radio Announcer has several responsibilities among which could be research questions for interviewing guests, and be the voice of the show, he would have to do troubleshooting, nor train customers, he shouldn´t need to install telecommunication equipment, so the only responsibility that the radio announcer would have from the options would be D) Research questions for interviewing guests.

✨✨✨ MODĒRATORS!! HELP ME •_•✨✨✨


Write the steps in registering your business. Record them in the correct order. Do this in your answer sheet. (LOOK AT THE PICTURE)​

 MODRATORS!! HELP ME _Write the steps in registering your business. Record them in the correct order.

Answers

289292928183281882822

Legislation defining the mission of the Federal Reserve​ states: "The Board of Governors of the Federal Reserve System and the Federal Open Market Committee shall maintain​ long-run growth of the monetary and credit aggregates commensurate with the​ economy's long-run potential to increase​ production, so as to promote effectively the goals of maximum​ employment, stable​ prices, and moderate​ long-term interest​ rates." This is an example of​ a:

Answers

Answer:

Dual mandate.

Explanation:

A state legislature refers to the legislative body of each states of the federal government and are saddled with the responsibility of making or enacting laws. Thus, the state legislatures is one of the body of governance that has the power or authority to ratify (approve, confirm or give consent) a proposed amendment to the Constitution by getting three-quarter of the states to vote in support.

All states have a bicameral legislature which typically comprises of the upper chamber (Senate) and the lower chamber (House of Representatives).

Dual mandate can be defined as the functions or responsibilities that are accorded to a governmental institution by the legislature.

specifications for transactions do not need to be reviewed quickly.
T/F

Answers

False. Specifications for transactions should be reviewed quickly to ensure accuracy and efficiency in business operations.

Timely review allows for identifying and resolving any errors or discrepancies, minimizing the risk of financial losses or misunderstandings. Quick review also enables prompt decision-making, reduces delays in transaction processing, and enhances customer satisfaction. Delayed or inadequate review of transaction specifications can lead to prolonged processing times, increased costs, and potential negative impacts on business relationships. Therefore, reviewing transaction specifications promptly is crucial for maintaining smooth operations and ensuring the overall success of business transactions.

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Select the correct answer.
Kruger Trading Inc. buys goods on credit. In which two accounts will the company post this transaction after entering it into the journal?

Answers

Answer:

с. Purchases and Creditors

Multiple choices

A. Goods and Cash

В.Goods and Creditors

с. Purchases and Creditors

D.Purchases and Cash

Explanation:

The purchase account is used to record purchased goods. Accountants and bookkeepers usually do not operate a goods account. When goods are purchased, they increase the purchases account.

Purchased goods are either paid in cash or on credit. Cash purchases reduce cash held in the business and are recorded in the cash account. Credit purchases increase liabilities and are recorded in the creditor's accounts.

A share of stock in a pharmaceutical company was worth $30. 46 on Monday. On Wednesday, the stock price changed to $45. 83. What is the net change in the stock price from Monday to Wednesday?.

Answers

24 is the answer report if wrong

The Italy can produce 20 Gas turbines and 60 Tyres. France can produce 80 Gas turbines and 30 Tyres.
a). What is the opportunity
cost of producing Gas turbines in Italy? ______ tyres.
b). What is the opportunity cost of producing Tyres in
France ? _______ Gas turbines.

Answers

Answer:

1. 60 Tyres

2. 80 Gas Turbines

Explanation:

Given that the Opportunity cost is an economics term that is used in describing the cost of an alternative that must be forgone to continue or proceed with a certain activity.

Hence, in this case, considering the available information in the question, the correct answer is that the opportunity cost of producing Gas turbines in Italy is 60 Tyres.

At the same time the opportunity cost of producing Tyres in France 80 Gas turbines.

When making decisions, managers often must decide between doing what is beneficial for the firm in the short term, and what is beneficial for both the firm and society in the long term. To address this conflict, a firm must

Answers

When making decisions, managers are often faced with a conflict between what is beneficial for the firm in the short-term and what is beneficial for both the firm and society in the long-term.

This conflict arises because the actions that benefit the firm in the short-term may not necessarily align with the interests of society as a whole, which can lead to negative consequences for both the company and society in the long-term.

To address this conflict, a firm must adopt a long-term orientation and consider the broader social and environmental impacts of its decisions. This means looking beyond immediate financial gains and recognizing that actions taken today can have far-reaching implications for the company's reputation, customer loyalty, employee morale, and overall sustainability.

Firms that prioritize social responsibility and sustainable business practices are more likely to build strong relationships with stakeholders, including customers, employees, investors, and regulators. They are also better equipped to weather economic downturns and other disruptions, as they have diversified their risk and invested in building resilient supply chains and communities.

Ultimately, the key to addressing the conflict between short-term gains and long-term benefits is a commitment to corporate social responsibility (CSR) and sustainable business practices. By prioritizing the needs of society and the environment alongside those of shareholders, firms can create value for all stakeholders over the long-term, ensuring their continued success and impact.

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1. Personal Characteristics Jack Ma possess (In accordance with the discussion in
the lesson, give at least three.)
2. Key takeaways you've got from him. (Use your own words, give at least three)
3. In your own words, explain how Jack Ma thinks compared to typical individual​

Answers

Answer:

knock knock.................................

PROBLEM 1: There is voluminous evidence that stock market reaction to announcement of acquisition attempts which are eventually successful is mildly positive or neutral for the acquiring firms and large and significant for the acquired firms. Briefly discuss three reasons which have been suggested to explain the low stock- market gains for acquiring firm shareholders.(10 marks - 100 words)

Answers

There are three reasons that have been suggested to explain the low stock-market gains for acquiring firm shareholders.

First, one reason is that the acquiring firm often pays a premium price to acquire another company. This means that the acquiring firm may have to pay more for the target company than its actual value. As a result, the shareholders of the acquiring firm may not see a significant increase in the value of their stock.

Second, the integration process between the acquiring and acquired firms can be complex and challenging. The integration of different corporate cultures, systems, and processes can lead to inefficiencies and disruptions in the acquiring firm's operations. This can have a negative impact on the stock-market gains for acquiring firm shareholders.

Lastly, the market may perceive the acquiring firm's decision to acquire another company as a risky move. This perception of increased risk can lead to a decrease in the stock-market gains for acquiring firm shareholders. Investors may be hesitant to invest in a company that is engaging in mergers and acquisitions due to the uncertainty and potential risks involved.

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According to hazlitt, what should be done to help those who are hurt by economic progress? what should not be done?

Answers

For Hazlitt, there must be more production with the same workforce to achieve economic progress, generating more opportunities for individuals.

What should not be done are rules and norms that infringe on morals and ethics.

What is Henry Hazlitt's main contribution to the economy?

Through a simple and objective writing, he wrote in 1946 the book "Economy in a lesson" that instituted governmental actions and norms to achieve economic development, being a highlight of libertarianism philosophy.

Therefore, Hazlitt's ideas were focused on libertarianism, which was based on the practice of morality and freedom to build a more developed society.

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According to ongoing research by Berlin-based Transparency International, a. corruption in business occurs in roughly 30% of business transactions across the world and the percentage has been steady for the past 5 years. 5 b. business people are more corrupt on average than public officials. c. corruption in business transactions is relatively low across the world but corruption among public officials in a majority of the world's countries is a serious problem. d. corruption in business transactions is a problem in fewer than 15% of the countries of the world, but the percentage is increasing. e. corruption among public officials and in business transactions is widespread across the world.

Answers

Corruption among public officials and in business transactions is widespread across the world. This is the most accurate representation of ongoing research by Transparency International. (Option E)

Corruption among public officials and in business transactions is indeed a widespread issue across the world. Transparency International is an organization that focuses on tracking and combating corruption globally, and their research consistently highlights the prevalence of corruption in both the public and private sectors.

Corruption can take various forms, such as bribery, embezzlement, fraud, and nepotism. It undermines trust, hampers economic growth, distorts fair competition, and affects the overall well-being of societies. Transparency International's research and corruption indices consistently highlight the pervasive nature of corruption in different countries and regions.

While specific percentages or figures may vary, it is widely recognized that corruption remains a significant problem globally. Efforts to address and combat corruption involve promoting transparency, strengthening governance structures, enforcing anti-corruption laws, and fostering a culture of ethics and accountability in both public and private spheres.

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In finance, we separate operating decisions from financing decisions and thus exclude ________ as a part of operating income from the income statement. Question 4 options: A) interest expense B) earnings C) dividends D) cash flow

Answers

Answer:

A) interest expense

Explanation:

Operating income or EBIT (earnings before interest and taxes) are calculated considering that the company is financed only through equity. The same applies when we are evaluating different projects, since we must be able to determine if the company or project can yield a profit without considering who paid for its operations.

The same applies for taxes, since it doesn't matter how high or low taxes are, if the company doesn't make a profit, then it will pay none.

25 points, Why are certain brands global? 3-4 sentences, please.

Answers

Answer: Certain Brands can be global because of their profits, Let's take cars for a example, Cars can be made and distributed based on the company if they can pay for all the shipping and everything, but it really depends on the company and what they are selling.

Explanation:

Company a has beanbag chairs and large tables instead of traditional office furniture. employees are encouraged to play games with each other and think outside of the box. working together is highly valued. company b employees wear suits and ties. there is a formal meeting every morning led by the president of the company. employees are given tasks and expected to complete them on time. employees work alone instead of on teams. the companies described above are very different when it comes to which characteristic of an organization? a. division of labor b. culture c. rules

Answers

The comparisons above mentioned are very different in reference to the cultural characteristic of an organization (Option b).

What is culture organization?

The expression 'culture organization' makes reference to the methods and strategies based on shared assumptions.

This characteristic (culture organization) may shape decisions in a given company.

In conclusion, the comparisons above mentioned are very different in reference to the cultural characteristic of an organization (Option b).

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3. Businesses not associated with the government are referred to as what type of jobs?
a. Public Sector
b. For Profit Sector
C. Private Sector
d. None of the above

Answers

Answer:

Private Sector

Explanation:

I'm fairly confident this is it, but I'm not too sure. Sorry to disappoint

TM
Find three websites that offer advice on how to manage restaurant staff well. Make sure that at least one of these sites is from an established source such as a professional organization or an expert in the field. Provide the links for the sites that you used and the article titles.
Then use your chosen sites to answer the questions:

1. What ideas or themes do the websites you chose have in common? Select two common themes and explain why they are important.
2. Other than the themes just discussed, what do you think is the best piece of advice that you read? Explain vour answer
3. Which piece of advice that you read about might be hardest to implement? What challenges could it potentially create?
4. Consider the advice from the employee's point of view. Discuss the point you read about that you think employees would appreciate most.
5. If you had to recommend one of the websites/articles as being the most useful, which would it be and why?

Answers

The "Managing Employees" article from the National Restaurant Association would be one of the most helpful if I had to choose one of the websites or articles.

Three websites provide guidance on effective staff management for restaurants:

National Restaurant Association (https://restaurant.org/)

Toast Tab (https://pos.toasttab.com/)

Up serve (https://upserve.com/)

Write the Answers of he following Questions of the chosen sites?

The effective communication and training themes are common to all of the websites. It is important to communicate well because it helps to reduce misunderstandings and improve teamwork among employees.

I read that providing employees with regular feedback was one of the best pieces of advice.

The suggestion that may be hardest to carry out is to consider representatives responsible for their presentation.

The significance of creating a positive work environment is one aspect that employees would appreciate the most.

The "Managing Employees" article from the National Restaurant Association would be one of the most helpful if I had to choose one of the websites or articles.

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Which component of a balance sheet includes a business’s debts, or the money that it owes to creditors for past transactions?

Answers

Answer:

liabilities.

Explanation:

A balance sheet is prepared based on the accounting equation of assets = capital + liabilities.

The liability section is where the debts of the business are recorded. Liabilities represent what the business owes to suppliers and other third parties. They are expressed in monetary value. Liabilities are further subdivided into current and long term liabilities.

a.limited liability of its stockholders is an advantage of the corporate form of organization, but corporations have more trouble raising money in financial markets because of the complexity of this form of organization.b.two key advantages of the corporate form over other forms of business organization are unlimited liability and limited life.c.a corporation is a legal entity that is generally created by a state; its life and existence is separate from the lives of its individual owners and managers.d.although its stockholders are insulated by limited legal liability, the corporation's legal status does not protect the firm's managers in the same way; i.e., bondholders can sue its managers if the firm defaults on its debt, even if the default is the result of poor economic conditions.e.the main method of transferring ownership interest in a corporation is by means of a hostile takeover.

Answers

The corporate form of organization gives investors the benefit of limited liability, meaning that their personal assets are protected from the claims of creditors and other claimants.

What is organization?

Organization is the structure of a system or process that is composed of interconnected and interdependent elements. It is typically the result of deliberate planning, with a goal of achieving a specific outcome. Organizations may be structured in a variety of ways, such as by function, market, product, geography, or customer. The elements within an organization can include resources, processes, and people, as well as rules and norms that guide behavior. Organizations are also characterized by their goals and strategies, which are determined by leadership to ensure the organization succeeds in achieving its desired outcomes.

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Explain the various ways that personal property can be acquired by means other than purchase.

Answers

Answer:

Personal property can also be acquired if it's given to you as a gift, by simply finding it and through "accession."

Explanation:

Personal properties may be acquired not only by means of purchase. One way is when a person (donor) gives the property to another person (donee) as a gift. The donor may deliver the gift personally and the donee should accept the gift.

Another way is by simply finding the property. This should satisfy the fact that no one is claiming the property found other than the finder–provided that the finder is "NOT" a trespasser. The property found shouldn't be located inside a private property.

An example of "accession" is: when a person's pet dog gives birth to puppies, the puppies are immediate personal property of the owner.

What is one way a person can increase the wages he or she expects to
earn?
O A. By advocating against minimum wage regulations
B. By deciding not to get a high level of education
C. By choosing a job with a high market value
O D. By reducing overall productivity in a year

What is one way a person can increase the wages he or she expects toearn?O A. By advocating against minimum

Answers

Answer:

C. By choosing a job with a high market value

Explanation:

Wage is the price for labor services provided. Like any other commodity, the price of labor is influenced by demand and supply. Certain jobs offer better wages than others. To increase the chances of better pay, one has to select their job carefully.

Conducting market research about jobs is a good starting point.  Before negotiating for wages, one should know the market rates for that job. Again, one should acquire skills that employers require. There are high chances that an employer will pay wages above market rates if they find a skill they desperately need.

A 3rd degree burn has burnt only part of the epidermis. the epidermis only. the epidermis and dermis. the epidermis and part of the dermis.

Answers

A 3rd degree burn has burnt the epidermis and part of the dermis. Option 3 is the correct answer.

A 3rd degree burn is a severe burn that extends through the entire thickness of the skin. In a 3rd degree burn, the epidermis, which is the outermost layer of the skin, and part of the dermis, which is the layer beneath the epidermis, are affected. This type of burn destroys the full thickness of the epidermis and can extend into the deeper layers of the dermis.

The epidermis serves as a protective barrier for the body, preventing the entry of harmful substances and pathogens. It also helps regulate body temperature and plays a role in the production of vitamin D. The dermis provides structural support, contains blood vessels, nerve endings, sweat glands, and hair follicles.

Due to the severity of the injury, 3rd degree burns often require medical intervention and specialized treatment. They can result in extensive tissue damage, loss of sensation, and impaired healing. Treatment may involve surgical interventions, such as skin grafting, to promote healing and minimize the risk of infection. Rehabilitation and long-term care are often necessary to manage the physical and psychological effects of a 3rd degree burn.

Hence, option 3 is the right choice.

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If the Fed raises the federal funds rate so that the exchange rate rises, then imports ________ and exports ________.
a. increase; increase
b. increase; decrease
c. decrease; increase
d. decrease; decrease

Answers

The correct answer is that imports increase and exports decrease when the Fed raises the federal funds rate and the exchange rate rises.

If the Federal Reserve (Fed) raises the federal funds rate, it can have an impact on the exchange rate. When the federal funds rate increases, it becomes more expensive for banks to borrow money, leading to higher interest rates in the economy. This can attract foreign investors seeking higher returns on their investments, increasing the demand for the domestic currency and causing it to appreciate. With a higher exchange rate, imports become relatively cheaper for domestic consumers, leading to an increase in imports. On the other hand, exports become relatively more expensive for foreign consumers, which can result in a decrease in exports.

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a large and sudden movement of funds out of a country is called a. arbitrage. b. capital flight. c. crowding out. d. capital mobility.

Answers

A large and sudden movement of funds out of a country is called a capital flight. Thus, option 'B' is the correct option.

What is the capital flight?

When assets or money leave a nation quickly owing to an economic event or as a result of a political event like a regime transition or economic globalization, this is known as capital flight in economics.

When money reacts to political, economic, or financial news, some economists refer to it as hot money. In such a scenario, firms and investors are able to quickly remove both local and international cash from the economy. Thus, it has a detrimental impact on the economy of the country.

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PLEASEE! unit test in progress!!

A tax accounting software company is trying to help potential customers understand how other tax firms are already using certain platforms to complete their work. What type of primary research might they use to BEST tell that story?
a. Websites about tax firms’ busy season
b. Account textbooks
c.an interview with a single client
d. 10 case studies of existing clients

Answers

Answer:

It is D

Explanation:

.

An international business is a firm that
Part 2
A. hires​ non-U.S. citizens.
B. produces a wide range of products.
C. is not from the United States.
D. engages in international trade or investment.

Answers

Option D: An international business is a firm that engages in international trade or investment.

Therefore, the correct answer is option D. An international business is a company that conducts business across national borders. This can include importing and exporting goods, investing in foreign markets, and operating in multiple countries.

It is not necessarily defined by the nationality of its employees, the range of products it produces, or the country in which it is headquartered. International business refers to the trade of goods, services, technology, capital and/or knowledge across national borders and at a global or transnational scale. It involves cross-border transactions of goods and services between two or more countries.

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What did Shakespeare do when the theatres closed because of the plague? WILL MARK BRAINLIEST!!! The escape velocity of a bullet from the surface of planet Y is 1695.0 m/s. Calculate the escape velocity from the surface of the planet X if the mass of planet X is 1.59 times that of Y, and its radius is 0.903 times the radius of Y. Question 27) True or false. Problem nutrients in children are calcium, vitamin D, iron. How to write out a paragraph? The media and press have their freedom safeguarded in America by which of the following?local judgesthe Bill of Rightstown mayorscongressional representatives what type of dns record would be queried in order to send mail to a domain? Why does natural selection occur more when there is competition for resources? Question 6(Multiple Choice Worth 3 points)(04.04 LC)Read through the beginning of a persuasive novel titled "The Strenuous" by Theodore Roosevelt in 1899.You work yourselves, and you bring up your sons to work. 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A mere life of ease is not in the end a very satisfactory life,and, above all, it is a life which ultimately unfits those who follow it for serious work in the world.Identify the sentence or phrase that serves as the rebuttal to Roosevelt's argumentO'A mere life of ease is not in the end a very satisfactory life, and, above all, it is a life which ultimately unfits those who follow it for serious work in the world."0O"But if he treats this period of freedom from the need of actual labor as a period, not of preparation, but of mere enjoyment, even though perhaps not of vicious enjoyment,he shows that he is simply a cumberer of the earth's surface, and he surely unfits himself to hold his own with his fellows if the need to do so should again arise."O"It is hard to fail, but it is worse never to have tried to succeed. In this life we get nothing save by effort."OWe do not admire the man of timid peace" 6. What happens when food reaches the stomach?A. No digestion occurs in the stomachB. 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Use the graph below to answer the following question:what is the average rate of change from X=1 to X=4A -3B -1C 1D 3 sodium carbonate (na2co3) is available in very pure form and can be used to standardize acid solutions. what is the molarity of an hcl solution if 33.3 ml of the solution is required to react with 0.256 g of na2co3? add the expression(3x+2)+(2x+5) who killed aberham lincon b1=4,b2=8,h=2 I NEED HELP THE ANSWERS YOU PUT IN DONT SHOW UNLESS I STAY ON :( What aspects of culture would be hard to maintain under the forced labor practices of the European colonies? A sphere and a cylinder have the same radius and height. The volume of the cylinder is 8 meters cubed. Yolanda found the volume of the sphere.A sphere with height h and radius r. A cylinder with height h and radius r.Her work is shown below.V = four-thirds (8) cubed. V = four-thirds (512). 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