Read the following sentences. Underline the subjects, and circle the prepositional phrases. The gym is open until nine o’clock t

Answer:

The dividend expense will total $20,000

Explanation:

We know the total shares issued = 12,000

And Treasury stock = 2,000 shares

A regular dividend of $2 per share is declared

Now, we must calculate the total dividend

Outstanding shares = Issued shares - Treasury stock = 12,000 - 2,000 = 10,000 shares

Thus, the dividend expense is calculated as $2 × 10,000 = $20,000

Therefore, the total dividend expense equates to $20,000

Answer:

Journal Entries

1) Debit Salary Expense $6,667 Credit Bank $6,667

2) Debit Fuel and Maintenance Expense $600, Credit Bank $600

3) Debit Depreciation Expense $amount Credit Accumulated Depreciation $amount

4) Debit Insurance Expense $amount Credit Bank $amount

5) Debit Benefit Expense $amount Credit Accrued Benefit Expense $amount

6) Debit Accounts Receivable (total of all trips) $amount Credit Service Revenue $amount

Explanation:

The prompt is not complete, but I will create typical journal entries for the transactions without numerical figures.

1) The salary represents one month, and the in brackets is a $80,000*1/12 calculation showing that the $80,000 is annual; should this have been already recorded, we would debit salaries payable $6,667 and credit bank $6,667

4) Insurance expense is debited if paid as incurred, but if there's a Prepaid Insurance account, we credit the Prepaid Insurance account instead of Bank.

Response:

The espoused values.

Clarification:

The espoused value refers to the beliefs articulated on behalf of the organization. For instance, these are the established practices and processes endorsed by employees, which yield positive outcomes and value for the company.

Hence, when an organization conducts an award ceremony to honor exemplary employees of the year, it reflects and promotes within the organizational culture the commitment to ethical behavior and corporate principles that are essential for maintaining and enhancing positive standards of conduct for achieving success in the organization.

The dividend payout ratio calculates to be 46.19%. The procedure involves applying the DuPont identity to obtain this figure. Initially, one utilizes the DuPont identity of RoE. The debt ratio is equivalently represented in another form where D/E denotes the Debt-Equity Ratio. By substituting the D/E ratio from the question into the debt ratio formula, one can derive the relationship between RoE and the earnings growth rate g via a formula, where p is the dividend payout ratio. Plugging in the necessary values yields p = 0.461988304 or 46.19%.