Homework Answers
(Q) Declaring and paying cash dividends
(Ans) Option C = Decrease stockholder's equity
- When a company pays cash dividends to its shareholders, its stockholders' equity is decreased by the total value of all dividends paid. However, the effect of dividends changes depending on the kind of dividends a company pays.
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Declaring and paying cash dividends on.increase cash Ob.decreet expenses O o. decrease stockholders' equity d. Increasa...
Question 10 Plasti-Pak Plastics has the following stockholders' equity accounts and amounts before paying dividends: Paid-in...
Question 10 Plasti-Pak Plastics has the following stockholders' equity accounts and amounts before paying dividends: Paid-in Capital $ 75,000 Retained Earnings 25,000 Total $100,000 Deduct: Treasury Stock 10,000 Total Stockholders' Equity $ 90,000 Assuming that Plasti-Pak Plastics is restricted from declaring dividends that would cause stockholders' equity to be less than total paid-in capital, what is the maximum amount of dividends Plasti-Pak Plastics's board could declare? $70,000 $15,000 $65,000 $25,000 $10,000
Which of the following is true of dividends? O A. Dividends increase assets and decrease total...
Which of the following is true of dividends? O A. Dividends increase assets and decrease total stockholders' equity of a corporation. O B. Dividend payments increase stockholders' equity O C. Dividend payments decrease paid-in capital O D. Dividends are a distribution of cash, stock, or other property to stockholders Click to select your answer 28 MacE esc 名。 FI F2 F3 F4 F5 3
c. Expenses decrease stockholders' equity. d. Expenses are a negative factor in the computation of net...
c. Expenses decrease stockholders' equity. d. Expenses are a negative factor in the computation of net income 26. A revenue account a is increased with a debit b is decreased with a credit c. is increased with a credit. d. has a normal balance of a debit. 27. The Dividends account a. appears on the income statement along with the expenses of the business b mast show transactions every accounting period. c. is increased with debits and decreased with credits...
(2pts) 10) Paying expenses affects which financial statement elements O Stockholders' equity only Assets and stockholder's...
(2pts) 10) Paying expenses affects which financial statement elements O Stockholders' equity only Assets and stockholder's equity Assets and liabilities Assets only O
If expenses are paid in cash, then liabilities will decrease. assets will increase. assets will decrease....
If expenses are paid in cash, then liabilities will decrease. assets will increase. assets will decrease. stockholders' equity will increase. Save for Later
Indicate whether the following actions would (+) increase, (-) decrease, or (0) not affect a company's...
Indicate whether the following actions would (+) increase, (-) decrease, or (0) not affect a company's total assets, liabilities, and stockholders' equity. Assets Liabilities Stockholders' Equity 1. Declaring a cash dividend 2. Paying the cash dividend declared in (1) 3. Declaring a stock dividend 4. Issuing stock certificates for the stock dividend declared in (3)
a. Paid research and development expenses for the current year Assets increase Liabilities Stockholders' equity b....
a. Paid research and development expenses for the current year Assets increase Liabilities Stockholders' equity b. Purchased machinery and equipment for cash. Assets Liabilities Stockholders' equity c. Received cash from issuing stock. < Assets Liabilities Stockholders' equity d. Received cash from the issuance of long-term debt. Assets Liabilities Stockholders' equity e. Made cash sales. Assets Liabilities Stockholders' equity nts eBook Calculator f. Paid selling expenses. Assets Liabilities Stockholders' equity g. Pald employee pension expenses for the current year. Assets Liabilities...
If revenue exceeds expenses, there are no dividends, and total liabilities remain unchanged, then a. Equity...
If revenue exceeds expenses, there are no dividends, and total liabilities remain unchanged, then a. Equity will decrease. b. Net assets will increase. c. Total assets will decrease. d. a and c. 1-17 If revenue exceeds expenses, there are no dividends, and total liabilities remain unchanged, then a. Equity will decrease. b. Net assets will increase. c. Total assets will decrease. d. a and c. 1-17
se in Expenses ana decrease in Equity a decrease in Asset and a decrease in Equity...
se in Expenses ana decrease in Equity a decrease in Asset and a decrease in Equity Cybertech Ltd bought office equipment costing $65,000. It paid a cash deposit of $25,000 and arranged a loan for the balance. As a resul, its Total Assets would increase by $25,000 increase by $40,000 increase by $90,000 remain unchanged
decrease in SLUCRIIULIS quity is explained. Assets Liabilities + Stockholders' Equity + Supp. + Equip. -...
decrease in SLUCRIIULIS quity is explained. Assets Liabilities + Stockholders' Equity + Supp. + Equip. - Accounts Payable + Common Stock + Retained Earnings Cash + A/R Revenues - Expenses - Dividends 1. $22,100 $22,100 2. $5,030 - 1,580 -790 3,500 $790 $6,300 $9.800 Serv. Rev. 1.700 - 1,700 -1,500 -820 $1,500 -$820 Rent Exp. 500 -500 -3,800 -3.800 Sal. Exp. -390 Util. Exp. Your Answer Correct Answer Uusi uuel opriulaity) CARLA VISTA CO. Balance Sheet August 31, 2022 Current...
Which of the following is true of dividends? O A. Dividends increase assets and decrease total stockholders' equity of a corporation. O B. Dividend payments increase stockholders' equity O C. Dividend payments decrease paid-in capital O D. Dividends are a distribution of cash, stock, or other property to stockholders Click to select your answer 28 MacE esc 名。 FI F2 F3 F4 F5 3
c. Expenses decrease stockholders' equity. d. Expenses are a negative factor in the computation of net income 26. A revenue account a is increased with a debit b is decreased with a credit c. is increased with a credit. d. has a normal balance of a debit. 27. The Dividends account a. appears on the income statement along with the expenses of the business b mast show transactions every accounting period. c. is increased with debits and decreased with credits...
(2pts) 10) Paying expenses affects which financial statement elements O Stockholders' equity only Assets and stockholder's equity Assets and liabilities Assets only O
If expenses are paid in cash, then liabilities will decrease. assets will increase. assets will decrease. stockholders' equity will increase. Save for Later
a. Paid research and development expenses for the current year Assets increase Liabilities Stockholders' equity b. Purchased machinery and equipment for cash. Assets Liabilities Stockholders' equity c. Received cash from issuing stock. < Assets Liabilities Stockholders' equity d. Received cash from the issuance of long-term debt. Assets Liabilities Stockholders' equity e. Made cash sales. Assets Liabilities Stockholders' equity nts eBook Calculator f. Paid selling expenses. Assets Liabilities Stockholders' equity g. Pald employee pension expenses for the current year. Assets Liabilities...
If revenue exceeds expenses, there are no dividends, and total liabilities remain unchanged, then a. Equity will decrease. b. Net assets will increase. c. Total assets will decrease. d. a and c. 1-17 If revenue exceeds expenses, there are no dividends, and total liabilities remain unchanged, then a. Equity will decrease. b. Net assets will increase. c. Total assets will decrease. d. a and c. 1-17
se in Expenses ana decrease in Equity a decrease in Asset and a decrease in Equity Cybertech Ltd bought office equipment costing $65,000. It paid a cash deposit of $25,000 and arranged a loan for the balance. As a resul, its Total Assets would increase by $25,000 increase by $40,000 increase by $90,000 remain unchanged
decrease in SLUCRIIULIS quity is explained. Assets Liabilities + Stockholders' Equity + Supp. + Equip. - Accounts Payable + Common Stock + Retained Earnings Cash + A/R Revenues - Expenses - Dividends 1. $22,100 $22,100 2. $5,030 - 1,580 -790 3,500 $790 $6,300 $9.800 Serv. Rev. 1.700 - 1,700 -1,500 -820 $1,500 -$820 Rent Exp. 500 -500 -3,800 -3.800 Sal. Exp. -390 Util. Exp. Your Answer Correct Answer Uusi uuel opriulaity) CARLA VISTA CO. Balance Sheet August 31, 2022 Current...
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