Homework Answers
The correct answer is option D
Reason : Company pays dividends to the stockholders out of profits made by it and this is distributed as either cash, stock or any other form of property.
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Which of the following is true of dividends? O A. Dividends increase assets and decrease total...
Bam Owl, Inc. reported the following data: Increase (Decrease) Amount 2017 2016 Percentage (in millions) Assets...
Bam Owl, Inc. reported the following data: Increase (Decrease) Amount 2017 2016 Percentage (in millions) Assets Current assets: Cash Accounts receivable, net Merchandise inventory $7,200 16,800 $2,800 (1,200) 7,000 8,600 38.9% $10,000 (7.1)% 15,600 38,000 63,600 22.6% 15.6% 31,000 55,000 168,000 27,100 Total current assets 27,000 16.1% Property, plant and equipment, net Other long - term assets 195,000 (44.6%) (12,100) 15,000 O A. increased by $2,400 O B. increased by $22,500 C. decreased by $2,400 OD. increased by $23,700 Click...
rch the menus (A-T) Average Daily Operating Costs Total Assets- Total Equity Total Assets Total Debt...
rch the menus (A-T) Average Daily Operating Costs Total Assets- Total Equity Total Assets Total Debt Ratio Total Debt 4, Debt- Equity Ratio Total Equity 4Equity Multiplier Total Assets Total Equity 3,4: 241 26 Long-term Debt Ratio Long-Term Debt3.011 Long-Term Debt+ Total Equity 9.09 29 Times Interest Earned Ratio 30 EBIT Interest 398.5 3,821, Cash Coverage Ratio EBITt Depreciationl (39857 Interest (382110 Cost of Goods Sold NA Inv 976,600 Inventory Turnover Inventory Period Ending 9/30/2018 Current Assets Cash And Cash...
Which of the following will most likely be considered an indirect material cost for a bakery?...
Which of the following will most likely be considered an indirect material cost for a bakery? O A. eggs OB. milk O C. spices OD. flour Click to select your answer MacBc esc 000 000 FI F2 F3 F4
Big AI, INC. Balance Sheet September 30, Year 3 Assets Cash Accounts Receivable Inventories Property, Plant...
Big AI, INC. Balance Sheet September 30, Year 3 Assets Cash Accounts Receivable Inventories Property, Plant & Equipment Other Assets $1,568,000 310,500 208,200 391,600 869.400 $3.347.700 Total Assets Liabilities Accounts Payable Notes Payable Total Liabilities $1,439,200 Unknown Unknown Stockholders' Equity Common Stock Retained Earnings Total Stockholders' Equity Total Liabilities & Stockholders' Equity 1,263,600 207,100 1.420.700 $3.347.200 Use the information above to answer the following question. What is the missing amount for Notes Payable? Click Save and Submit to save and...
Which of the following statements are true regarding dividends?
Which of the following statements are true regarding dividends? (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer.) A stock dividend increases the number of outstanding shares. A large stock dividend is a distribution of more than 25% of previously outstanding shares. A company with a retained earnings deficit is never...
Which of the following statements is true? O Increasing dividends will always decrease the stock price,...
Which of the following statements is true? O Increasing dividends will always decrease the stock price, because the firm is depleting internal funding resources. O Increasing dividends will always increase the stock price. Increasing dividends may not always increase the stock price, because less earnings may be invested back into the firm and that impedes growth Walter Utilities is a dividend paying company and is expected to pay an annual dividend of $2.05 at the end of the year. Its...
Which of the following would increase assets and increase liabilities? Multiple Choice O Pay dividends to...
Which of the following would increase assets and increase liabilities? Multiple Choice O Pay dividends to stockholders. Pay dividends to stockholders. Receive a utility bill for the current month. Plan to pay bill beginning of next month. Purchase office supplies on account. o oo Provide services to customers on account.
Which of the following is a true statement? Multiple Choice Expenses increase owners’ equity and decrease...
Which of the following is a true statement? Multiple Choice Expenses increase owners’ equity and decrease liabilities. Revenue decreases owners’ equity and expenses increase owners’ equity. Revenue increases owners’ equity and expenses decrease owners’ equity. Revenue decreases owners’ equity and increases liabilities. Which of the following statements is not true regarding the adoption of ASC Topic 606 guidance for revenue recognition? Multiple Choice When using the cumulative approach, the prior three years of financial statements need to be restated. Under...
Which of the following statements is not true? Expenses increase owner's equity. a. O b. Expenses...
Which of the following statements is not true? Expenses increase owner's equity. a. O b. Expenses have normal debit balances. Expenses decrease owner's equity. Od. Expenses are a negative factor in the computation of net income. Which one of the following could represent the expanded basic accounting equation? O a. Assets = Liabilities + Owner's Capital + Owner's Drawings - Revenue - Expenses. Ob. Assets + Owner's Drawings + Expenses = Liabilities + Owner's Capital + Revenues. Oc. Assets -...
Which of the following will NOT increase a company's dividend payments? O A. It can decrease...
Which of the following will NOT increase a company's dividend payments? O A. It can decrease the number of shares outstanding. OB. It can issue more shares. O c. It can increase its dividend payout rate. OD. It can increase its earnings.
Bam Owl, Inc. reported the following data: Increase (Decrease) Amount 2017 2016 Percentage (in millions) Assets Current assets: Cash Accounts receivable, net Merchandise inventory $7,200 16,800 $2,800 (1,200) 7,000 8,600 38.9% $10,000 (7.1)% 15,600 38,000 63,600 22.6% 15.6% 31,000 55,000 168,000 27,100 Total current assets 27,000 16.1% Property, plant and equipment, net Other long - term assets 195,000 (44.6%) (12,100) 15,000 O A. increased by $2,400 O B. increased by $22,500 C. decreased by $2,400 OD. increased by $23,700 Click...
rch the menus (A-T) Average Daily Operating Costs Total Assets- Total Equity Total Assets Total Debt Ratio Total Debt 4, Debt- Equity Ratio Total Equity 4Equity Multiplier Total Assets Total Equity 3,4: 241 26 Long-term Debt Ratio Long-Term Debt3.011 Long-Term Debt+ Total Equity 9.09 29 Times Interest Earned Ratio 30 EBIT Interest 398.5 3,821, Cash Coverage Ratio EBITt Depreciationl (39857 Interest (382110 Cost of Goods Sold NA Inv 976,600 Inventory Turnover Inventory Period Ending 9/30/2018 Current Assets Cash And Cash...
Which of the following will most likely be considered an indirect material cost for a bakery? O A. eggs OB. milk O C. spices OD. flour Click to select your answer MacBc esc 000 000 FI F2 F3 F4
Big AI, INC. Balance Sheet September 30, Year 3 Assets Cash Accounts Receivable Inventories Property, Plant & Equipment Other Assets $1,568,000 310,500 208,200 391,600 869.400 $3.347.700 Total Assets Liabilities Accounts Payable Notes Payable Total Liabilities $1,439,200 Unknown Unknown Stockholders' Equity Common Stock Retained Earnings Total Stockholders' Equity Total Liabilities & Stockholders' Equity 1,263,600 207,100 1.420.700 $3.347.200 Use the information above to answer the following question. What is the missing amount for Notes Payable? Click Save and Submit to save and...
Which of the following statements is true? O Increasing dividends will always decrease the stock price, because the firm is depleting internal funding resources. O Increasing dividends will always increase the stock price. Increasing dividends may not always increase the stock price, because less earnings may be invested back into the firm and that impedes growth Walter Utilities is a dividend paying company and is expected to pay an annual dividend of $2.05 at the end of the year. Its...
Which of the following would increase assets and increase liabilities? Multiple Choice O Pay dividends to stockholders. Pay dividends to stockholders. Receive a utility bill for the current month. Plan to pay bill beginning of next month. Purchase office supplies on account. o oo Provide services to customers on account.
Which of the following statements is not true? Expenses increase owner's equity. a. O b. Expenses have normal debit balances. Expenses decrease owner's equity. Od. Expenses are a negative factor in the computation of net income. Which one of the following could represent the expanded basic accounting equation? O a. Assets = Liabilities + Owner's Capital + Owner's Drawings - Revenue - Expenses. Ob. Assets + Owner's Drawings + Expenses = Liabilities + Owner's Capital + Revenues. Oc. Assets -...
Which of the following will NOT increase a company's dividend payments? O A. It can decrease the number of shares outstanding. OB. It can issue more shares. O c. It can increase its dividend payout rate. OD. It can increase its earnings.
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