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
Response:
The explanation given for this question is thorough. Thank you!
Clarification:
The environmental protection agency must implement the pollution control regulation by carefully considering how it will impact all stakeholders once it is enacted.
local residents: To address their concerns, it's crucial to ensure the regulation is enforced promptly. They need to be reassured that the environmental consequences will be mitigated as effectively as possible through this regulation and that it will work as intended.
California environmental organization: Their request is reasonable, and they should receive confirmation that the regulation's impact on their state has been thoroughly evaluated, along with policies aimed at minimizing environmental harm being put into action.
manufacturers' lobbyist: Their request is significant. Implementing the regulation will undoubtedly tighten pollution standards. To keep the lobbyist informed, the administrative agency must meet with them to discuss the new requirements and the current standards affecting manufacturing entities, as well as the alternatives available to them. Clear communication is essential to prevent any future conflicts.
To ensure a stocking level that allows for half of the day-old cakes to be sold while the rest are discarded, an appropriate level is 5 cakes, as the shop should aim for a service level exceeding 0.4.
