The board of directors declared a $2 per share cash dividend on common stock and the corporation had 5,000 shares authorized and 4,000 shares outstanding and make a journal entry. The journal entry for the dividend payment would be
a. a debit to Cash Dividends for $8,000 and a credit to Common Dividends Payable for $8,000.
b. a debit to Cash Dividends for $10,000 and a credit to Common Dividends Payable for $10,000.
c. a debit to Cash Dividends Payable for $8,000 and a credit to Cash for $8,000.
d. a debit to Cash Dividends Payable for $10,000 and a credit to Cash for $10,000.
c
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One of the types of supply uncertainty is ______.
A. a shortage of inbound raw materials and components B. a surplus of inbound raw materials and components C. a shortage of outbound raw materials and components D. a surplus of outbound raw materials and components
When a salesperson asks a customer to prepare a note or letter of introduction that can be delivered to the potential customer, this person is using which prospecting method?
A) networking B) mail inquiry C) cold canvass D) referral E) trade show
Bartoletti Fabrication Corporation has a standard cost system in which it applies manufacturing overhead to products on the basis of standard machine-hours (MHs) at $8.90 per MH. The company had budgeted its fixed manufacturing overhead cost at $66,000 for the month. During the month, the actual total variable manufacturing overhead was $66,900 and the actual total fixed manufacturing overhead was $69,000. The actual level of activity for the period was 7000 MHs. What was the total of the variable overhead rate and fixed manufacturing overhead budget variances for the month?
A. $4600 favorable B. $7600 favorable C. $7600 unfavorable D. $4600 unfavorable
What did the Civil Rights Act of 1991 amend to the 1964 act?
What will be an ideal response?