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:
the company includes at least 10% of overhead costs and an 8% profit margin in all the sales.
Explanation:
Dumping occurs when companies export their products at a lower price than domestic sales price. American laws prohibit dumping and require foreign firms to include 10% overhead costs + an 8% profit margin in the prices of the goods they export to the US.
<span>The court should rule in favor of the company, given clearly outlined policies and a counseling session. Documentation and expectations were stated, and the behavior continued beyond the counseling session. Monitoring her behavior as indicated seemed within the company's discretion.</span>
Complete question:
Bressler’s would like to sell 600shares of stock using the Dutch auction method. The bids received are as follows:
Bidder Quantity Price $
A 100 818
B 300 17
C 400 16
D 700 15
The bids received are as follows: Bidder A will receive _____ shares and pay a price per share of ____.
Solution:
Bidder A's quantity = [600 /(100 + 300 + 400)] ×100
= 75 shares
All successful bidders will pay $16 a share
The bids received are as follows:
Bidder A will receive 75 shares and pay a price per share of $16 .
A Dutch auction is a trading system (such as an initial open bid) whereby the stock price offered is reduced before appropriate offers are available for selling all shares. Each stock is then sold at that price.
