Effect in the accounting equation when cash dividends are declared

On December 31, Carmack Company received a $215 utility bill for December that it will not pay until January 15. The adjusting entry needed on December 31 to accrue this expense is: 1. Debit Utilities Expense $215; credit Accounts Payable $215. 2.

Suppose that 50 units of a good are demanded at a price of $1 per unit. a reduction in price to $ 0.20 results in an increase in quantity demanded to 70 units. show that these data yield a price elasticity of 0.25.

Twenty-thousand dollars was budgeted for the office renovation that had a task contingency multiplier of 1.3. The estimated cost of the task must be: About $26,000. About $15,400. About $22,800. About $18,600.

A company had net sales of $660,000, total sales of $810,000, and an average accounts receivable of $78,000. Its accounts receivable turnover equals:

Wilson Co. purchased land as a factory site for $1,350,000. Wilson paid $120,000 to tear down two buildings on the land. Salvage was sold for $8,100. Legal fees of $5,220 were paid for title investigation and making the purchase.

What opportunities did the rise of corporations offer to different types of ""middle workers"" - those who were neither top executives nor blue-collar laborers?

Turk Manufacturing is considering purchasing two machines. Each machine costs $9,000 and will produce cash flows as follows: End of Year Machine A Machine B 1 $ 5,000 $ 1,000 2 4,000 2,000 3 2,000 11,000 Turk Manufacturing uses the net present value

How is a post from a social media influencer different than a comment from a regular consumer

An insurance policy written after 1988 that fails to pass the seven-pay test is known as

Stewart Parnell, the former CEO of the now-bankrupt Peanut Corporation of America, was charged with falsifying food safety reports required by the FDA. The reports certified that his peanut base product was salmonella free.