On November 1, 2018, Worldwide, Inc. declared a dividend of $3.00 per share. Worldwide, Inc. has 20,000 shares of common stock outstanding and no preferred stock. Prepare the journal entry to record this transaction. Omit explanation.
What will be an ideal response?
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Slotkin Company buys designer clothing to sell in its retail stores. Since much of the merchandise comes from Dallas and Europe, Slotkin Company must pay freight charges to get the merchandise shipped in. Which statement is true?
a. Transportation-in, paid by Slotkin Company, is added to the inventory account under the periodic system. b. Transportation-in, paid by Slotkin Company, is subtracted from purchases under the periodic system. c. Freight charges are only paid by a buyer in a periodic system. d. Transportation-in is added to net purchases to determine cost of goods purchased in a periodic system.
In an unbalanced transportation problem, if supply exceeds demand, the shadow price for at least one of the supply constraints will be equal to ________
Fill in the blank with correct word.
Please identify the letter of the choice that best matches the numbered situations below.
A. You need to document company procedures B. You are analyzing whether to purchase new computer equipment or upgrade the current equipment C. You are recommending a new way to schedule staff resources D. You are offering your company's services to a person or organization E. You are proposing to purchase new computer equipment
Jenny works for a company that sells rotisseries for chicken and other foods. She answers phone calls from customers who see ads in trade magazines and call to order the product. Jenny is considered a(n)
A. outside salesperson. B. inside salesperson. C. support person. D. missionary salesperson. E. trade salesperson.