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Business, 21.04.2020 23:23, Adreanna1018
In the real world, dividends a. are usually changed every year to reflect earnings changes, and these changes are randomly higher or lower, depending on whether earnings increased or decreased. b. fluctuate more widely than earnings. c. tend to be a lower percentage of earnings for mature firms. d. are usually more stable than earnings. e. are usually set as a fixed percentage of earnings, e. g., at 40% of earnings, so if EPS
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Business, 22.06.2019 10:20, LadyHolmes67
Sye chase started and operated a small family architectural firm in 2016. the firm was affected by two events: (1) chase provided $25,000 of services on account, and (2) he purchased $2,800 of supplies on account. there were $250 of supplies on hand as of december 31, 2016. record the two transactions in the accounts. record the required year-end adjusting entry to reflect the use of supplies and the required closing entries. post the entries in the t-accounts and prepare a post-closing trial balance.
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