Does dividend policy affect on Debt to equity ratio? And what does the negative D/E ratio indicat

Q: Why are some accounts "temporary" and others are "permanent?" How does this relate to the financial ...

A: There are two types of account namely permanent account and temporary account.   Permanent accounts ...

Q: entries

A:

Q: 1. For the Ski department only, prepare a departmental income statement. 2. & 3. For the Ski departm...

A:

Q: Double A Corporation provided the following information for the current year:   Beginning inventor...

A: Freight in is a direct expense . Cost of goods sold = Selling expense x 6 times = 4,000,000 x 6 time...

Q: ackson Industries has borrowed $125,000 under a line-of-credit agreement. While the company normally...

A: Solution Given Amount borrowed $125000 Normal checking account balance 15000 compens...

Q: ala Co. owns an 80% interest in Kilometro Inc., acquired several years ago. Kilometro regularly sell...

A: Consolidated cost of sales Particulars Amount   Tala Cost of goods sold 18,00,000   Kilometer...

Q: How much is the adjusted book disbursements for June? In connection with your examination, the ABC ...

A: Solution Bank reconciliation statement is a summary of banking and business activity that reconciles...

Q: The net income for Bramble Co. for 2022 was $332,200. For 2022, depreciation on plant assets was $72...

A: The cash flow statement is part of the financial statements of the company. It is prepared at the en...

Q: ABC employs a job-order costing system, with overhead calculated based on direct worker hours. Manag...

A: 1) Predetermined overhead rate = Estimated manufacturing overhead/Estimated direct labor hours   2) ...

Q: A company must decide between scrapping or reworking units that do not pass inspection. The company ...

A: Incremental income = Income after Rework - Income from Scrap where, Income after Rework = Revenue fr...

Q: Critically interpret the accounting treatment for the expenditure incurred in

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Q: Identify the term being referred to: An agreement where one party conveys to the another party the ...

A: The question contains an agreement between two parties . One party coveys the right to use the asset...

Q: Question 13 What is the Job 1's cost per unit? Question 13 options:   $11   $10   $20   $1...

A: Materials Cost=Units of materials requisitioned×Cost per unitDirect Labor Cots=Direct Labor hours of...

Q: If you deposit 10, 000 in a bank account that pays 10% interest annually, how much will be in your a...

A: Amount after 5 years = P×1+rn Where, P = Principal amount i.e. 10,000 r = Rate of interest i.e. 10% ...

Q: ABC employs a job-order costing system, with overhead calculated based on direct worker hours. Manag...

A: Manufacturing overhead cost is applied to Job on the basis of predetermined overhead rate calculated...

Q: Using the weighted-average method, compute the equivalent units of production if the beginning inven...

A: Equivalent units = completed and transferred +Ending work in process units since materials are added...

Q: Calculate the manufacturing overhead incurred for F&B Co. Direct Labor cost incurred 250 Direct Mate...

A: factory overhead are indirect cost that is incurred during the process of production. this overhead ...

Q: Fanning Corporation paid one of its sales representatives $4,000 during the month of March. The rep ...

A: Formula: Total variable cost = Number of units sold x commission on per unit sales.

Q: What is the present value of a security that will pay 5, 000 in 20 years if securities of equal risk...

A: solution given Future value 5000 Number of years 20 Interest rate 7% Present v...

Q: (a) Compute the income or loss for the special offer. (b) Should the company accept or reject the sp...

A: Any customer order for products or services that a firm does not handle on a regular basis is consid...

Q: Why are human factors critical in budgeting?

A: budgeting is such a process under which a detail plan of spending of the businesses is done in order...

Q: 4. A transfer of direct materials, such as metal used to make the outer case of a vid system, into p...

A: Under process costing, transfer is made from Raw Materials account to Work in process account when r...

Q: In 2020, Jack and Eri are married. Jack earns $150,000 from his job as a finance executive. Eri earn...

A: Gross Income Gross income which are included the income which are derived through salary and other i...

Q: Work in process, beginning 70,000 70% 40% Started into production 460,000     Completed and transfer...

A: process costing method of costing in generally used in in manufacturing sector when there are a larg...

Q: Onion Pub opened on 1st April and the following six transactions occurred in its first week of busin...

A: T-account are the ledger account . Ledger account keeps record of the data and calculates the balanc...

Q: Expenses for a Pizza restaurant include raw material for pizza at $4.00 per slice, $122.00 as monthl...

A: Profit refers to the revenue earned by the entity after deducting all the necessary costs. 

Q: The entry to record a transfer of direct materials for use in production would include a debit to wh...

A: On the issue of direct material for use in production, the work-in-process inventory is debited beca...

Q: timed task, need help thanks

A: The correct option is :- The estate of X cannot claim a vanishing deduction on the land. 

Q: Gibson Chicken Corporation processes and packages chicken for grocery stores. It purchases chickens ...

A: Note: Since we only answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit the question...

Q: Grainger Company produces only one product and sells that product for $110 per unit. Cost informatio...

A: Production cost per unit: Absorption Costing Variable Costing Direct Material cost per unit $15.00...

Q: Number Cost of Units per Unit Beginning inventory 130 $71 Purchased goods during the period 240 80 S...

A: Answer 1) Calculation of number of units available for Sale Number of units available for Sale = Num...

Q: Identify the term being referred to: A lone entity in charge of issuing new shares on behalf of a co...

A: Shares Issuing Charges: "Equity issuance fees" are the accounting phrase used to refer to the charge...

Q: Assertions are expressed or implied representations by management that are reflected in the financia...

A: Explanation of above audit procedure with proper justification are as follows

Q: Cleaner’s, Inc., is switching to paying employees every 2 weeks rather than weekly and will therefor...

A: Weekly Wages: Weekday Wage denotes the amount of remuneration supplied by the Company on a weekly ba...

Q: Current Attempt in Progress Hoyt Company provides this information for the month of November, 2022: ...

A: 3) Total sales = Cash sales + Credit sales            = 70,000 + 170,000            = 240,000

Q: 2022 2021 Common stock, 10,500 and 10,000 shares, issued and outstanding, respectively, for 2022 and...

A: Retained earnings ending = Retained earnings beginning + Net Income - Dividends ( cash and stock ) C...

Q: Under what conditions is the current portion of long-term debt reported as current debt? to. If it i...

A: Working capital is the excess of current assets over current liabilities.

Q: 6. The local non profit youth symphony is planning a concert fundraiser. The organization estimates ...

A: Lets understand the basics. Break even point is a point at which there is no profit no loss conditio...

Q: Commercial paper is usually sold at a discount. Tan Corporation has just sold an issue of 90-day com...

A: Commercial paper is a money-market product which the business organizations issued so as to raise fi...

Q: José Ruiz starts a company that makes handcrafted birdhouses. Competitors sell a similar birdhouse f...

A: Planned Selling Price = Total Cost + (Total Cost X Markup)

Q: On January 1, 2021, Horton pays Damian a refundable deposit of $100,000 and agrees to four installme...

A: The accrual principle is one that suggests recording each expense and revenue in the period in which...

Q: Statement of Cash Flows (Direct Method) The Wolff Company's income statement and comparative balance...

A: The cash flow statement is prepared to record the cash flow from various activities during the perio...

Q: Exploit Media, LLC, has three members: WACS Partners, Elyse O’Reilly, and Encounter Newspaper, LLC. ...

A: Division Income: A divisional income statement is a summary of the financial performance of an opera...

Q: Terry McNutt, a single employee with two withholding allowances, is paid $11.50 per hour and receive...

A: Given details: Pay per hour = $11.50 Weekly total hours = 40 hours Gross pay (Regular earnings) = $1...

Q: Use the horizontal model for the declaration of dividends on December 22, 2021. Indicate the financi...

A: The dividend is declared to the shareholders from the retained earnings of the business. The prefere...

Q: deposits P1,000,000 ompounded annually, but the Philippine Tax Code mposes 20% tax payment from such...

A: solution Given Amount deposited 1000000 Rate of interest 6% Compounding Annually ...

Q: Calculate the total 2017 tax liability for a surviving spouse with one dependent child with a gross ...

A: The taxpayer can use the tax filing status of married filing jointly provided the survivor must rema...

Q: Problem 2 Admission by Investment of Assets Partners Gonzaga and Frias have capital account balance...

A: The partnership comes into existence when two or more persons agree to do the business and further s...

Q: On March 1, 2021, your company sold $80,000 of 9%, 8-year bonds when the market rate was 7%. These b...

A: Bond is an investment security which is issued by large corporation and government organization to r...

Q: Question 10 Consider the following statements: 1. A mission statement addresses the question 'What d...

A: Solution Note Dear student as per the Q&A guideline we are required to answer the first question...