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uranmaximum [27]
2 years ago
11

DuBois, Inc. announces a large stock dividend of 65% of the 4.96 million outstanding shares of common stock. The current price p

er share is $13.85. Par value of the stock is $0.01 per share. What effect does this dividend have on retained earnings?
A. $49,600 decrease
B. $32,240 decrease
C. $44,652,000 decrease
D. $11,591,288 decrease
E. None of the above
Business
1 answer:
Karolina [17]2 years ago
6 0

Answer:

Option (B) is correct.

Explanation:

Dividend per share:

= (65% of Par value of the stock)

= (65% × 0.01)

= $0.0065

Hence, the total dividend:

= (Dividend per share × outstanding shares of common stock)

= (0.0065 × 4.96 million)

= $32,240

Hence, the dividend would cause a decrease in retained earnings.

Therefore, the correct option is B.

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You haven't been able to spend much time talking with your team lately, but your workload should be back to normal soon. When yo
FrozenT [24]

Answer and Explanation:

<u>I would most likely do this:</u>

Explain the issue to the team and praise them for their work in my absence. I would let them know there would be more time soon. It is very essential to praise and appreciate these efforts by the associates since I have been absent for a while and do not know what efforts they have been putting in.

<u>I would be least likely to:</u>

Talk to the manager to explain this situation or propose that my some of my commitments are eased for me to have more time with my team

4 0
2 years ago
Planning for acquisition support activities and requirements that deal with fielding/deployment should begin as early as the: [I
Nataly [62]

Option A, Materiel Solution Analysis Phase

Explanation:

The equipment answer Analysis  part assesses potential solutions for a required capability in associate Initial Capabilities Document (ICD) and to satisfy the phase-specific Entrance Criteria for ensuing program milestone selected by the Milestone call Authority.

The MSA phase is critical to program fulfilment and attaining materiel readiness because it’s the first possibility to persuade systems sup-portability and affordability by using balancing technology opportunities with operational and sustainment requirements. During this phase, various options are analysed to select the materiel solution and broaden the Technology Development Strategy (TDS) to fill any era gaps.

8 0
2 years ago
The repair service that fixes your farming equipment doesn’t seem to fix your plow correctly. The technician says that if you ar
drek231 [11]

Answer:

Your best option would be for higher quality repairs and higher quality equipment, this would save you more money and time in the long run where you have the ability to do other things.

Explanation:

Mark as Brainliest please!

Ill give u a cookie

8 0
2 years ago
Read 2 more answers
Eckert Corporation's partial income statement after its first year of operations is as follows:
Arte-miy333 [17]

Answer:

A. $2,700,000

Explanation:

For computing the deduction amount for depreciation tax, first we have to calculate the total amount of deferred tax amount which is shown below:

Total Deferred tax amount = Deferred tax × (percentage value ÷ tax rate)

= $90,000 × (100% ÷ 30%)

= $300,000

And the depreciation expense in this year is $2,400,000

So, the total amount deducted would be

= $300,000 + $2,400,000

= $2,700,000

4 0
2 years ago
Recently when Mosaic Ltd was falling short of funds to meet the floatation costs of its upcoming issue of preference shares, the
slavikrds [6]

Answer:

The floatation cost may be defined as the cost that is incurred or earned by any organization or a firm whenever they issue new stocks in the market. Here in the context, Mosaic Ltd is having shortage of money to incur the cost of the upcoming preference shares that they will issue. So they had raised deposits from another firm, Rosaic Ltd which had a surplus amount of fund. The money raised by Mosaic is a kind of security bond or transfer of money to another party for the safe keeping. The other firm i.e Mosaic Ltd. will return the money to Rosaic Ltd. later.

3 0
2 years ago
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