Business
Business, 15.04.2020 00:37, uchechukwueigwe

Mocha Company earned net income of $ 95 comma 000 during the year ended December 31, 2018. On December 15, Mocha declared the annual cash dividend on its 5% preferred stock (par value, $ 108 comma 000) and a $0.75 per share cash dividend on its common stock (42 comma 000 shares). Mocha then paid the dividends on January 4, 2019.

Requirements
a. Journalize for Java the entry declaring the cash dividends on December 15, 2018.
b. Journalize for Java the entry paying the cash dividends on January 4, 2019.

answer
Answers: 2

Other questions on the subject: Business

image
Business, 21.06.2019 21:00, crazymadhatter0
Arriving and delivering a load of company executives for a business meeting at a destination far from home base requiring an overnight stay, a company’s pilot requested approval from the company finance office to pay to either have the company’s jet brought into the fbo's hangar overnight to protect it from a forecast snowfall or to have it de-iced by the fbo the following morning well-before scheduled departure. the company was under considerable financial pressure at the time, and the pilot’s requests were denied because of the cost. so, early the following morning, the pilot was up on the wing of the jet sweeping off an accumulation of snow and ice with a borrowed push broom in preparation for the scheduled departure with the executives, but slipped and fell to the ground, suffering a broken neck. the business was organized as a limited partnership, owned by 3 limited partners and one general partner. as a cost-saving measure, the company had dropped its workers’ compensation insurance before the accident. analyze the potential liability for the pilot’s injuries of each of the following, showing your reasoning clearly: the company the general partner the limited partners analyze how the outcome would have been different, if the business had been organized as a corporation and observed all of the formalities to legitimize its corporate status. analyze how the outcome would have been different, if the pilot had been covered by workers’ compensation insurance.
Answers: 3
image
Business, 22.06.2019 00:50, yolo123321
Cool beans is a locally owned coffee shop that competes with two large coffee chains, planeteuro and frothies. alicia, the owner, hired two students to count the number of customers that entered each of the coffee shops to estimate what percent of people who are interested in coffee are visiting each shop. after a week, the students found the following results: 589 visited cool beans, 839 visited planeteuro, and 1,290 visited frothies. the students were surprised that cool beans had 139 visits on monday which represented 59% of all people who visited one of the three coffee shops on mondays. how many people visited one of the three coffee shops during the week?
Answers: 2
image
Business, 22.06.2019 08:30, elmo4851
Hi inr 2002 class! i just uploaded a detailed study guide for this class. you can check-out a free preview by following the link below feel free to reach-out to me if you need a study buddy or have any questions. goodluck!
Answers: 1
image
Business, 22.06.2019 10:30, salvadorjr1226p4zkp3
On july 1, oura corp. made a sale of $ 450,000 to stratus, inc. on account. terms of the sale were 2/10, n/30. stratus makes payment on july 9. oura uses the net method when accounting for sales discounts. ignore cost of goods sold and the reduction of inventory. a. prepare all oura's journal entries. b. what net sales does oura report?
Answers: 2
Do you know the correct answer?
Mocha Company earned net income of $ 95 comma 000 during the year ended December 31, 2018. On Decemb...

Questions in other subjects:

Konu
Mathematics, 18.11.2020 01:40