Explanation:
Data provided
Number of shares outstanding = 9,600
Cash dividend per share = $0.50
The Journal entry is shown below:-
Retained earning Dr, $4,800
To Common dividends payable $4,800
(Being dividend declaration is recorded)
Working note:-
Retained earning = Number of shares outstanding × Cash dividend per share
= 9,600 × $0.50
= $4,800
Answer:
Before the listing agreement is signed.
Explanation:
A listing agreement is a contract between a property owner and a real estate broker asking the real estate broker to get a buyer for his or her property. The property owner implements the listing agreement so as to empower the real estate broker to act in the capacity of the agent to the owner in the course of trying to sell the property. Generally certain commission is paid to the real estate broker by the property owner.
Answer:
$540,000
Explanation:
Calculation for The company's differential revenue from the acceptance of the offer
Using this formula
Differential revenue = Number of units of export order * Offer price per unit
Let plug in the formula
Differential revenue=9,000*$60
Differential revenue= $540,000
Therefore the company's differential revenue from the acceptance of the offer is $540,000
Answer:
I used an excel spreadsheet to calculate this:
the least squares regression line:
y = a + bx
y = $2,937 + 3.96x
where y = total cash wash costs and x = rental returns
fixed costs = $2,937 per month
variable cost = $3.96 per car washed
Answer:
d. The decision maker must only stick to completely rational, mathematical analysis while selecting an alternative.
Explanation:
It is most ideal for a decision maker to stick to completely rational way of selecting an alternative as this means that the decision maker will only make choices that will be of maximum benefits and low costs. Factors such as personal feelings, or sense of obligation do not interefere when a decision maker sticks to completely rational and mathematical analysis method of decision making.
