Business, 24.04.2021 02:00, cakecake15

The balance in retained earnings for Ceylan Company at December 31, 2020 was $1,080,000 and at December 31, 2021 was $876,000. Net income for 2021 was $750,000. A stock dividend was declared and distributed which increased common stock $375,000 and paid-in capital $165,000. A cash dividend was declared and paid. The amount of the cash dividend was (Hint, draw a T Account.)

Answers: 3

Show answers

Other questions on the subject: Business

Business, 21.06.2019 22:20, salam4704

If you offer up your car as a demonstration that you will pay off your loan to a bank or another financial lending institution, you are using your car as collateral. true false

Answers: 2

continue

Business, 22.06.2019 02:50, smariedegray

Acompany set up a petty cash fund with $800. the disbursements are as follows: office supplies $300 shipping $50 postage $30 delivery expense $350 to create the fund, which account should be credited? a. postage b. cash at bank c. supplies d. petty cash

Answers: 2

continue

Business, 22.06.2019 10:40, charlesrogers38

What would happen to the equilibrium price and quantity of lattés if the cost to produce steamed milk

Answers: 1

continue

Business, 22.06.2019 16:50, cutebab4786

Slow ride corp. is evaluating a project with the following cash flows: year cash flow 0 –$12,000 1 5,800 2 6,500 3 6,200 4 5,100 5 –4,300 the company uses a 11 percent discount rate and an 8 percent reinvestment rate on all of its projects. calculate the mirr of the project using all three methods using these interest rates.

Answers: 2

continue

Do you know the correct answer?

The balance in retained earnings for Ceylan Company at December 31, 2020 was $1,080,000 and at Decem...