Acorporation declares a dividend of $0.50 per share on 10,000 shares of common stock. which of the following would be included in the entry to record the declaration? a. paid−in capital in excess of par—common would be credited for $5,000 b. retained earnings would be credited for $5,000 c. retained earnings would be debited for $5,000 d. dividends payable—common would be debited for$5,00

The movement of an economy from one condition to another and back again

The board of directors is the highest ranking body in a corporation, and the chairman of the board is the highest ranking individual. the ceo generally works under the board and its chairman, and the board generally has the authority to remove the ceo under certain conditions. the ceo, however, cannot remove the board, but he or she can endeavor to have the board voted out and a new board voted in should a conflict arise. it is possible for a person to simultaneously serve as ceo and chairman of the board, though many corporate control experts believe it is bad to vest both offices in the same person. true false

The vaska company buys a patent on january 1, year one, and agrees to pay $100,000 per year for the next five years. the first payment is made immediately, and the payments are made on each january 1 thereafter. if a reasonable annual interest rate is 8 percent, what is the recorded value of the patent? 1. $378,4252. $431,2133. $468,9504. $500,000