ess When assets are distributed to the owners of a corporation, these distributions are terme consumptions. depletions. dividends. a credit line.
Q: Describe how corporations finance their operations.
A: Corporations is one of the forms of business entity that has separate legal entity (i.e.) that is…
Q: How is the investor’s share of gross profit on intra-entity sales calculated? Under the equity…
A: The share of investor is calculated in the following manner in an intra-entity sale: Investor's…
Q: The net effect to a corporation of the declaration and payment of a cash dividend is to: a. increase…
A: Cash dividend means the dividend paid to the company's stockholders in the form of cash. This can be…
Q: Balance Sheet and Income Statement of a Corporation
A: An income statement is prepared by a corporation to calculate the net loss or net profit for the…
Q: All of the following terms can be used for a corporation to describe the difference between assets…
A: The balance sheet represents the financial position of the business with assets, liabilities and…
Q: Distinguish between paid-in capital and retained earningsof a corporation. Why is such a distinction…
A: Paid-in capital and retained earnings are the two main categories of stockholders' equity.
Q: If a corporation decides to pay out a cash dividend, when does that happen?
A: The Answer :
Q: Retained earnings refer to the portion of a corporation's profits that are paid out to shareholders.…
A: B. false Retained earnings are not paid to shareholders. Generally dividend paid to shareholders ,…
Q: The account Retained Earnings is: the amount paid as dividend. a subdivision of paid-in capital. net…
A: Hi student Since there are multiple questions, we will answer only first question. If you want…
Q: Define Forecasting the Income of a Major Corporation?
A: It is essential to forecast income in order to make informed business decisions. Previous year…
Q: mount of dividends that a corporation may declare? a. Cash flow test b. Book value test c.…
A: The right answer is d. Income to expense ratio test
Q: Profits or losses are recorded in a share capital account. O TRUE O FALSE The main differences…
A: Since you have asked multiple questions, we will solve the first question for you. If you want any…
Q: Which of the following information should Starting Right Corporation present on its financial…
A: Answer: Introduction: Financial statements are the documents that any company prepares to show the…
Q: When do the corporations also report their retained earnings?
A: When do the corporations also report their retained earnings?
Q: similarities and differences between paid in capital and retained earnings?
A: Paid in capital means the amount contributed by share holder in company as share capital Retained…
Q: The most important non-cash item is a) Debt interest rate b) Income tax c) Dividend d) Depreciation
A: Answer
Q: The finance function within a corporation quantifies the economic relationships of that corporation.…
A: Finance function of the corporation plays very important role in the management of funds. It deals…
Q: Exactly when does a corporation decide to pay out a cash dividend?
A: -CASH DIVIDEND: Cash dividends are considered Assets because they increase the net worth of…
Q: How does the deductibility of interest and dividends by the paying corporation affect thechoice of…
A: A way to finance the capital requirement by the category of ownership in a company that has the last…
Q: When should liabilities for each of the following items berecorded on the books of an ordinary…
A:
Q: Explain liquid asset management as it relates to a financial institution
A: A liquid asset is an asset which can be converted into cash and marketable securities easily.…
Q: st of Oss E
A: Intercompany sales mean that sales are made by one company of the group of companies to the other…
Q: ly how taxation (both corpora
A: Introduction : In simple words, capital structure refers to the composition of different types of…
Q: is/are generally the least liquid asset that a corporation possesses Select one: O a. Cash O b.…
A: The ease with which an asset, or security, can be turned into cash without impacting its market…
Q: Why the agent issues dividend checks to the individual shareholders and sends the corporation a list…
A: Dividends are the distribution of profits to the shareholders of the company like equity…
Q: True or False? Dividends should be authorized by the shareholders of the corporation.
A: Dividend distribution is a method of distributing profit among the stockholder of the organization.…
Q: What three properties of future cash flows affect a corporation’svalue?
A: Future cash flows means amount which company will receive or pay after certain period of time.…
Q: How does a corporations debt differ from its equit
A: Following are the differences between corporation debt and its equity: Debt is the fund borrowed…
Q: The balance of the income summary account of a corporation is transferred to which of the following…
A: Lets understand the basics. Net income is earned when revenue exceed the expenditure of corporation.…
Q: accounting treatment for a corporate organization cost
A: Corporate organization cost is the cost incurred in forming the corporation.
Q: TS CorporatioI
A: Statement of financial position is nothing but balance sheet. It reflects the financial status of…
Q: For fi nancial assets classifi ed as available for sale, how are unrealized gains and losses refl…
A: The unrealized gains and losses are realized as Uncomprehensive Income. It’s a line item which…
Q: To determine the amount of debt a corporation has, the user should examine: O A. Income statement B.…
A: Introduction: Financial statements: 1 ) Income statement 2 ) Cash flows statement 3 ) Balance sheet.
Q: While putting the value or price of an entity in financial records the lowest price is recorded not…
A: Accounting is the process of recording financial transactions (which can be measured in terms of…
Q: For a corporation, equity capital comes in two forms. What are they?
A: Every company has two major types of financing one is through raising equity shares and the other is…
Q: hich of the following statements best describes how a corporation determines its cost of capital?…
A: A capital structure of a firm is a mix of debt and equity used for financing its long term…
Q: Taxes affect many financial decisions. Explain how (a)interest and dividend payments are treated for…
A: a. From the company’s perspective, Interest and dividend payment reduce the tax liability of the…
Q: Cash dividends paid by a corporation OA. are an expense of the corporation that declared the…
A: Cash dividends is not an expense or loss because it is not charged from the income statement. It is…
Q: What effect does an investment of cash in a corporation have on the corporation's bal OA. It…
A: The double entry system becomes the base for the preparation of Accounting equation. As per…
Q: Business income allocations from an S corporation to its shareholders are self- employment income to…
A: The S-corporation is a special type of corporation in which all the income, gains, and losses of the…
Q: What are the distribution of either cash or stock to shareholders by a corporation called?
A: A corporation distributes the amount of its earnings in form of cash or stock to its investors or…
Q: From what sources might a corporation obtain funds through long-term debt?
A: Long term debt are those debt which mature or repaid after more than one year. The long term debt…
When assets are distributed to owners of a corporation, these distributions are termed as:
option C; DIVIDENDS.
The distribution of any amount or property accumulated by corporations is called dividends to the stockholders.
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
- in CengageNOWv2| Online teachi x Cengage Learning 8-1 Problem Set: Module Eight X how.comn/akeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=D&inprogress3false eBook Show Me How Changes in Current Operating Assets and Liabilities-Indirect Method Covington Corporation's comparative balance sheet for current assets and liabilities was as follows: Dec. 31, 20Y2 Dec. 31, 20Y1 Accounts receivable $15,300 Inventory 66,500 67,200 Accounts payable 20,100 0098 Dividends payable 000' Adjust net income of $84,200 for changes in operating assets and liabilities to arrive at net cash flow from operating activities. ( Previou: Check My Work レ AD 12O UTF-8"CH_02.pptx x O UTF-8"Individual%: * Assets Liabilities C x O UTF-8"Individual%2 x b My Questions | bart x Bb Review Submission x Course Home A Not secure | openvellum.ecollege.com/course.html?courseld=15836449&HepID=07d540babdc75223ea4bcb31dba912cb#10001 My Courses Amay Brown :| e Intro to Financial Accounting 29:010:203 (Spring 2020) | 02/11/20 3:01 PM Course Home Homework: Assignment 2 Save Assignments Score: 0.43 of 1 pt HW Score: 75.6%, 9.07 of 12 pts 11 of 12 (11 complete) v Study Plan TI1-5 (similar to) E Question Help Results 18. Using the following information, complete the income statement, statement of retained earnings, and balance sheet for RN Painting for the month of March 2018. The business began operations on March 1, 2018. E (Click the icon to view the account balances.) Pearson eText Multimedia Library Accounts Receivable 1700||Accounts Payable Dynamic Study Modules Office Supplies Stockholders' Equity Retained Earnings Syllabus Service Revenue Total Expenses…Edit View History Bookmarks Window Help A education.wiley.co Exam 1 WP NWP Assessment Player UI Application DAX Question 35 of 42 View Policies Current Attempt in Progress Each of the following accounts is closed to Income Summary except Expenses. Dividends. Revenues. All of these are closed to Income Summary. Save for Later
- pject: Company Accour X DEL. Project Guidelines and Rubric x DEL 7-1 Problem Set: Module Sev X CengageNOWv2 |Online tea x com/ilm/takeAssignment/takeAssignmentMain.do?invoker3D&takeAssignmentSessionLocator3D&inprogress=false eBook 4Show Me How Return on Total Assets A company reports the following income statement and balance sheet information for the current year: Net income $224,540 Interest expense 39,620 000'080 Determine the return on total assets. If required, round the answer to one decimal place. Average total assets Feedback Check My Work Divide the sum of net income and interest expense by average total assets. Check My Work ( Previous *AD dyssignment/takeAssignmentMain.do?invoker%=&takeAssignmentSessionLocator38inprogress3Dfalse CardPointe ONew Tab UTA Is The Leader I.... Commercial Captur... UPS-Shipping ups Search for Corporat... |国 Determine the amount to be paid by the buyer for full settlement of each invoice, assuming that credit for returns and allowances was received prior to payment and that all invoices were paid within the discount period. Merchandise Transportation Paid by Seller Transportation Terms Returns and Allowances (a) $7,600 $202 FOB Shipping Point, 1/10, net 30 $800 (b) $7,500 $62 FOB Destination, 2/10, net 45 $1,700 a. b. Previous Next Email Instruct + %24 %24S Narrative X - Cengagel X Cengagel X C Solved: A x + m/ilrn/takeAssignment/takeAssignmeManonvoker-akeAsignmentses ment slontocator%3D&inprogress-false Lab E Rederly Solve Statistical me.. Cengage Sign in M McGraw Hitogn ent eBook Show M OWL Print Item Adjustment for accrued expense structions Chas of Accounts Journal Insiructions Blue Ocean Realty Co. pays weekly salaries of $33,300 for a six-day workweek (Monday through Saturday). Journalize the necessary adjusting entry assuming that the accounting period ends on Thursday. Refer to the chart of accounts for the exact wording of the account titles. CNOW journals do not use lines for journal explanations. Every line on a journal page is used for debit or credit entries. CNOW journals will automatically indent a credit entry when a credit amount is entered.
- Opline Test Window- Google Chrome tests.mettl.com/test-window/f55ac827%#/testWindow/0/21/1 EY Accounting Assessment 0 Total 00:54:18 Finish Test Section 1 of 1 Section #1 v 15 16 17 18 19 20 21 22 24 23 25 22 of 45 All 2 43 Question # 22 Revisit Choose the best option Suppose that an entity has paid one of its liabilities twice during the year, in error The effects of this O Assets, liabilities, and equity are understated. mistake would be O Assets, net income, and equity are unaffected. O Assets and liabilities are understated. O Assets and net profit and equity are understated, and liabilities are overstated. Next Question Prev Question -91-82878-03040 Zaineh Support +1-650-924-9221 4:14 PM metti 1/16/2021education.wiley.com/was/ui/v2/assessment-player/index.html?launchid=81efd2b2-d564-4eeb-b011-67c54ee7e2bb#/question/16 Ch12 Homework Question 17 of 20 > 0/1 View Policies Show Attempt History Current Attempt in Progress X Your answer is incorrect. Elkins and Landry are partners who share income and losses in the ratio of 3:2, respectively. On August 31, their capital balances were: Elkins, $149000 and Landry, $116000. On that date, they agree to admit Neumark as a partner with a one-third capital interest. If Neumark invests $98000 in the partnership, what is Landry's capital balance after Neumark's admittance? O $121000 O $104800 O $116000 O $106800 eTextbook and Media Attempte: 1 of 2uced VO 10:27 !!tests.mettl.com/test-window/f55ac827#/testWindow/0/16/1 EY Accounting Assessment O Total 00:54.47 Finish Test Section 1 of 1 Section #1 v 10 11 12 13 14 15 16 17 18 19 20 17 of 45 All 2 43 Question # 17 G Revisit Choose the best option Which of the following formula best describes the acid test or quick ratio? Current assets: Current liabilities. Debtors: Creditors O (Current assets stock) Current liabilities. O Current assets: (Current liabilities - bank overdraft). Frev Cueston Next Question +91-82878-03040 Zaineh | Support +1-650-924-9221 metil 413 PM 1/16/2021 Type here to search
- Come * CengageNOowv2 | Online teach x Update akeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator%3&inprogress%-false Amortize Premium by Interest Method Shunda Corporation wholesales parts to appliance manufacturers. On January 1, Shunda issued $30,000,000 of five-year, 10% bonds at a market (effective) interest rate of 8%, receiving cash of $32,433,150. Interest is payable semiannually. Shunda's fiscal year begins on January 1. The company uses the Interest method. a. Journalize the entries to record the following: 1. Sale of the bonds. Round to the nearest dollar. If an armount box does not require an entry, leave it blank. the nearest dollar. If an amount box does not require an entry, leave it blank. 2. First semiannual interest payment, including amortization of premium. Round 3. Second semiannual interest payment, including amortization of premium. Round to the nearest dollar. If an amount box does not require an entry, leave it blank. b. Determine the bond…lem Set: Modx * CengageNOWv2 | Onl X * Cengage Learning B Milestone Two Guideli x G module ow.com/ilrn/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=.. eBook Show Me How Quick ratio Adieu Company reported the following current assets and current liabilities for two recent years: Dec. 31, 20Y4 Dec. 31, 20Y3 Cash $830 $1,090 Temporary investments 1,200 1,500 Accounts receivable 820 910 Inventory 2,100 2,500 Accounts payable 1,900 2,500 a. Compute the quick ratio on December 31 for each year. Round to one decimal place. 20Υ4 20Υ3 Quick Ratio b. Is the quick ratio improving or declining? Check My Work 56°F Mostly 39Choose the best EBIT-EPS analysis helps organisation understand the effect of changes in resulting due to O EPS, EBIT under different financial combinations O EBIT, EPS O EPS, EBT O PAT, EPS Deepanshu | Support +1 650-924-9221 +91 80 4719 0917 metti P Type here to search