QUESTION 2 Huxley Company has 264277 shares of common stock authorized, 153543 issued, and 71672 shares of treasury stock. The company's board of directors declares a dividend of $0.60 per share of common stock. What is the total amount of the dividend that will be paid? Round your answer to the nearest dollar

Q: Pation is considering a capital investment of $50,000. The equipment has a projected salvage value…

A: Calculation of  after tax cash flow Discounted Cash flow Concept

Q: An employee earned $44,800 during the year working for an employer when the maximum limit for Social…

A: Formula: Social security tax amount = Earnings x social security tax rate

Q: the unearned interest is credited in the adjusting entry, which of teh following will be affected?…

A: When Unearned Interest is credited, the following adjustment entry will be made: Account Titles…

Q: Which of the following accounts would be increased with a credit?   a Supplies Expense b Supplies c…

A: ACCOUNT get credit whenever there is either the balance is equity and liability or the revenue.…

Q: eet (SS) Company produces and sells 7,000 specialty Treats per year at a se 350 each. Its current…

A: Revenue is the funds generated from common commerce operations, computed as the average sales price…

Q: Frank, Sara, and Gilbert form FSG Services, Inc., an S corporation, by contributing the following…

A: Note: Since we only answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit the question…

Q: Salaries and wages expense 51,800 Cash 13,400 Utilities expense 22,500 Accounts receivable 9,500…

A: Income Statement - Income Statement is the statement that contains revenue earned and expense…

Q: 70,500 90,000 Accumulated Depreciation-Equipment 14,800 3,600 Salary Expense Accounts Receivable…

A: Income statement consists of all incomes and all expenses

Q: 31.When a net loss has occurred, Income Summary is:

A: 31.When a net loss has occurred, Income Summary is: Ans - b. credited and owner’s capital is…

Q: Dividends Per Share Seventy-Two Inc., a developer of radiology equipment, has stock outstanding as…

A: when company earns the profit then it was dividend to its shareholders as a reward for their…

Q: Splish Brothers Ltd. is a publicly listed company following IFRS. Assume that on December 31. 2020.…

A: The process of recording business transactions in the books of accounts for the first time is…

Q: Calculate conversion cost given the following information: Account Balance (Alphabetical Order) ($)…

A: Conversion costs encompass all direct and indirect manufacturing expenses spent during the…

Q: The following selected amounts are available for Tamarisk, Inc. Retained earnings $3700 (beginning)…

A: Closing Retained earnings = opening Retained earnings- Net loss- cash dividends declared  - stock…

Q: Pritchett Company reported the followtng year-end data: $ 20,100 8, 500 13,400 24,000 6,800 28,000…

A: The current ratio is calculated by dividing the current assets by the current liabilities of the…

Q: a. Product that should be emphasized b. Maximum amount per hour

A: Limited Factor Technique Limiting factor analysis is a technique which will maximise contribution…

Q: Alamosa Security Co. offers security services to business clients. After all the accounts have been…

A: Alamosa Security Co. Balance Sheet Nov 30' 2019 Assets Current Assets:     Accounts…

Q: The ability to lower overall inventory warehousing costs is an advantage of which type of system…

A:

Q: will give thumbs up if correct #1. Given: The manager of a sporting goods store receives an…

A: Amount (in Php) Total Cost                        980 Percentage of Markup 35% Markup (Total…

Q: On a corporate income statement, income from continuing operations a. will exceed net income. b.…

A: Income from continued operations is the income which is calculated after subtracting operating and…

Q: Cash collected from customers during the year ended December 31, 2019 amounted to $314,000, and…

A: The account receivables represents the balance due to be received from the customers of the…

Q: The City of Waterman established a capital projects fund for the construction of an access ramp from…

A: Dear student as per bartleby guidelines we are supposed to answer only one question. kindly post…

Q: s and obligation assertion when auditing payables and contrast this with the audit of asset…

A: An auditor is a person or a company hired by a company to conduct an audit. A person must be…

Q: Compute Bond Proceeds, Amortizing Premium by Interest Method, and Interest Expense Ware Co. produces…

A: Bonds are the corporate debt that carries fixed coupon payment.

Q: A certain car was purchased for $22,500. The car has a resale value of $14,500 after a useful life…

A: Annual depreciation  = ($22,500 - $14,500) / 6 years = $1,333

Q: Oriole Company buys land for $121000 in 2021. As of 3/31/22, the land has appreciated in value to…

A: Increase in the value of land in one year is equal to: = Amount as on balance sheet date - amount as…

Q: Bob Night opened "The General's Favorite Fishing Hole." The fishing camp is open from April through…

A: The closing entries are prepared at year end to close the temporary accounts of the business…

Q: Whirlpool Corporation's most recent income statement is shown below: Total Per Unit Sales (10,000…

A: Calculation of Net Operating Income if Sales volume increases by 100 units      Amount   Sales…

Q: On January 2, 2021, A Corporation offers to sell a P100,000 bond coming due in 10 years. The bond…

A: Interest expense is calculated by taking the beginning period carrying value by the yield rate. In…

Q: Corristan Company purchased equipment and incurred these costs: Cash price $24,000 Sales taxes 1,200…

A: Sales Taxes- Sales Tax is a form of tax paid to a leading body for the sale of goods and services.…

Q: Both Lauren Jason Who is worse off in this situation? give the money in the first stage. surplus,…

A: whenever 2 person who work together do not trust or corporate with each other then the trust issue…

Q: Shown below is the sales forecast for Cooper Inc. for the first four months of the coming year Apr…

A: Cash inflows in March = cash sales + cash collected in month of march

Q: Selected accounts from Lue Co.'s adjusted trial balance for the year ended December 31 follow.…

A: Introduction: Balance sheet: All Assets and liabilities are shown in Balance sheet. It tells the net…

Q: Question 12 Ocean Corporation produced and sold 2,600 units last month with the following results:…

A: Incremental operating Income  = Incremental revenue  - Incremental expenses

Q: The following Income Statement information has been obtained from the books of Unlimited Liquors…

A: Income or loss from discontinued segment that should be shown in income statement  = Post tax Income…

Q: A firm can use which method of financing for an acquisition structured as either an asset or stock…

A: In order to acquire an asset or stock, the firm can use the following financing option Either…

Q: Statement I: In determining the interest income for the 2nd year of non-interest-bearing notes…

A: Answer:-  Interest income definition:- Interest income can be defined as the difference between the…

Q: Wildhorse Co. purchases a new delivery van for $83000. The sales taxes are $5250. The logo of the…

A: The costs incurred for assets to make it ready for use, are included in the cost of non cash assets.…

Q: The following Income Statement information has been obtained from the books of Unlimited Liquors…

A: The net income is calculated as difference between revenue and expenses of the business.

Q: What is the Workers' Compensation premium owing for an employer in Ontario with assessable earnings…

A: Workmen compensation is acknowledged as an insurance policy provided by an employer whereby he will…

Q: Chapter 10: Stockholders' Equity and Appendix D Use the Stockholders' Equity section of FSB's…

A: "Since you have posted a question with multiple sub-parts, we will solve first three sub-parts for…

Q: 2019 2020 Ending Inventory: LIFO 120000 150000 Net Income: LIFO basis 175000 190000 Effective Tax…

A: Inventory:- The items and supplies that a firm retains for the purpose of resale, manufacturing, or…

Q: Question 28 X operates a standard marginal costing system. The following budgeted and standard cost…

A: The direct material price variance would be one of two variances being used to evaluate direct…

Q: Cost of goods sold to be shown along with formula and answer? Purchases $ 30,526 Selling expense $…

A: Formula: Cost of goods sold = Beginning inventory + Net purchases - Ending inventory

Q: A present obligation that is probable and for which the amount can be reliably estimated should…

A: The estimated expenses are the expenses which can be valued on the basis of past experiences or…

Q: The following information is for Ivanhoe Company in September. 1. Cash balance per bank, September…

A: A reconciliations statement that compares the cash balance on a company's balance sheet to the…

Q: 341,000 Fair value of plan assets, Jan. 1 Contributions to the retirement fund during the year…

A: Formula: Return on plan assets = Ending fair value of Assets - Beginning fair value of assets +…

Q: Provide the missing data in the following table for a distributor of martial arts products: (Enter…

A: The ratio is the representation of the relation between the two numbers. In accounting, ratios' are…

Q: Widmer Company had gross wages of $155,000 during the week ended June 17. The amount of wages…

A: Social Security tax payable = wages subject to social security tax ×6% = $139,500 × 6% = $8370

Q: 4,600 Units in BWIP X Fraction to Complete (60%) 840 Units in EWIP X Fraction Complete (4,000 X 60%)…

A: The word "First-In, First-Out" is "First-In, First-Out." It's a method for calculating the cost of…

Q: Factor Company estimates that producing a unit of product would require $7.80 per unit of direct…

A: While making Make of Buy decisions, Relevant cost to Buy should be compared with Relevant cost to…