Dividends are sometimes said to have been paid

Assignment Help Accounting Basics
Reference no: EM131106432

1. Dividends are sometimes said to have been paid "out of retained earnings." What is the error, if any, in that statement? 

Reference no: EM131106432

Questions Cloud

How cognitive dissonance and other biases may have led : Describe the steps you would take to stimulate a better understanding of the store's current operations and to implement a new process for making decisions about product line and sales and service techniques. Identify specific ways you plan to enh..
What amount should york report as investment in bonds : York uses the effective interest method of amortization. In its December 31, 2010 balance sheet, what amount should York report as investment in bonds?
Proportional to the amount of demand : The first (R,Q) model in this section assumes that the total shortage cost is proportional to the amount of demand that cannot be met from on-hand inventory.
Context related to financial accounting : Or wealthy outside investors may acquire enough shares to gain this same level of power. Such owners have genuine authority within the corporation. How is this context related to financial accounting?
Dividends are sometimes said to have been paid : Dividends are sometimes said to have been paid “out of retained earnings.” What is the error, if any, in that statement?
What amount of unamortized premium on bond : What amount of unamortized premium on bond should Webb report in its June 30, 2011 balance sheet?
How large a sales increase can the company achieve : Pierce's profit margin is 5%, and its retention ratio is 40%. How large a sales increase can the company achieve without having to raise funds externally?
Claimed that the critical fractile formula : We claimed that the critical fractile formula, Equation (12.8), is appropriate because the optimal Q should satisfy cunder(1 - F(Q)) = cover F(Q), that is, the cost of under stocking times the probability of under stocking should equal the cost of ..
How many shares of beck''s common stock were outstanding : Beck purchased 75,000 shares of its common stock and held it in Treasury. At December 31, 2011, how many shares of Beck's common stock were outstanding?

Reviews

Write a Review

Accounting Basics Questions & Answers

  Variable costs fixed costs mixed costs classify each cost

Variable costs Fixed costs Mixed costs Classify each cost above as either variable, fixed, or mixed. Direct Materials Direct Labor Utilities Rent Maintenance Supervisory salaries

  Abccompany employs a periodic inventory system and sells

abccompany employs a periodic inventory system and sells its inventoryto customers for 25 per unit. abc company had the

  Long term liabilities and noncollectable accounts

Long Term Liabilities and Noncollectable Accounts

  Slope of tangent line at specific point

Make the given changes in the indicated examples of this section and then find the indicated slopes. In Example 2, change the point (2, 10) to (3, 18).

  Explain what is meant by high quality of earnings

Explain what is meant by high quality of earnings and evaluate the quality of the company's earnings - Discuss your findings.

  Purchase laboratory equipment for gene splicing

BioGen Company, a small biotechnology firm, would like to borrow a loan to purchase laboratory equipment for gene splicing. The loan carries an interest rate of 8% per year and is to be repaid $396,719 at the end of 6 years. How much is the loan?

  What is a contingency why are contingencies important to

what is a contingency? why are contingencies important to users of financial statements? what are the criteria for

  What do you feel tangle wood should do if it wants to find

After summarizing the overall results of the staffing system, what do you feel Tangle wood should do if it wants to find good candidates?

  A company that uses a job order cost accounting system

1. a company that uses a job order cost accounting system incurred 10000 of factory payroll during may. prepare the may

  Quantitative methods-simulation

Describe the key differences between simulation models and the models covered in previous modules, not only from the perspective of their applications, but also from the perspective of computing/solving the models.

  Appropriate entry to record the budget

A public school district formally adopted a budget with estimated revenues of $500 and approved expenditures of $490. Which of the following is the appropriate entry to record the budget?

  Defer intercompany profits on merchandise sales

Defer intercompany profits on merchandise sales when appropriate and eliminate the double counting of sales between affiliates.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd