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The board of directors of Capstone Inc. declared a $0.60 per share cash dividend on its $1 par common stock. On the date of declaration, there were 50,000 shares authorized, 20,000 shares issued, and 5,000 shares held as treasury stock. What is the entry for the dividend declaration? 1.Retained earnings 9,000 Cash dividends payable 9,000 2.Retained earnings 9,000 Cash 9,000 3.Retained earnings 10,000 Cash dividends payable 10,0004. Retained earnings 10,000 Cash 10,000
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Pam is a low-risk careful driver and fran is a high-risk aggressive driver. to reveal their driver types, an auto-insurance company a. refuses to insure high-risk drivers b. charges a higher premium to owners of newer cars than to owners of older cars c. offers policies that enable drivers to reveal their private information d. uses a pooling equilibrium e. requires drivers to categorize themselves as high-risk or low-risk on the application form
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Which of the following is one of the five fundamental questions? which products will be in scarce supply and which in excess supply? who should appoint the head of the central bank? how much should society save? correct what goods and services will be produced?
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Suppose that in the year 2020 the price level in the fictional country of demet is 100, and the governement is considering
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The board of directors of Capstone Inc. declared a $0.60 per share cash dividend on its $1 par commo...
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