What is meant by "dividend clienteles"? Give specific examples
What will be an ideal response?
Answer: Some investors purchase stocks with a record of paying stable dividends as a higher yielding alternative to bonds or certificates of deposits. Such investors could be retirees or institutions who need the dividends for their operating budgets. Other investors prefer that the company reinvest all available funds in growth and would rather not receive dividends. These investors are often high income individuals who would have to pay high taxes. Such investors prefer to build wealth for the future rather than increase their current income.
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If the sales effect for period 5 is $125 million and the carryover effect is 0.25, calculate the total sales impact for period 5
A) $500 million B) $31.25 million C) $166.67 million D) $93.75 million E) $156.25 million
______ is the tendency to assess the values, beliefs, and behaviors of our own culture as superior to those of other cultures.
Fill in the blank(s) with the appropriate word(s).
The closing process involve(s):
a. reducing to zero the balance in each income statement account. b. debiting the revenue accounts. c. crediting the expense accounts. d. transferring to Retained Earnings the differences between total revenues and total expenses. e. all of the above.
A company purchased a special purpose machine on September 15 of the past year, and it was installed and ready to run on January 1 of this year. The following costs were incurred in the purchase and installation of the machine. Determine the total cost of the machine.Invoice price plus sales tax$1,270,500Freight costs9,000Setup costs51,000Costs to adjust machine to appropriate specifications36,000Electrical connections 32,000Maintenance supplies for future use108,000Traffic fine incurred during transport of machine300Cost of special foundation for machine 18,500
What will be an ideal response?