User Account

All Pages

Compute the amount of the cash dividend

Assignment Help Accounting Basics
Reference no: EM132717072

Question - The balance in retained earnings at December 31, 2018 was K720,000 and at December 31, 2019 was K582,000. Net income for 2019 was K500,000. A share dividend was declared and distributed which increased share capital K200,000 and share premium K110,000. A cash dividend was declared and paid. Compute the amount of the cash dividend?

Reference no: EM132717072

Questions Cloud

Find which company is more efficient from income statements : XYZ hasrevenues of $150 million and expenses of $110 million. Can you determine which company is more efficient from these income statements?
Would the transfer price change : Assume the Bottle Division has no excess capacity and can sell everything produced externally. Would the transfer price change
Remote authentication dial-in user service : In this graded practice you will be using Remote Authentication Dial-In User Service (RADIUS) in a simple network.
What are physiological effects of benzodiazepine use : What are physiological effects of benzodiazepine use? How can these lead to addiction? Opiates that are prescribed are often abused. Describe the difference.
Compute the amount of the cash dividend : A share dividend was declared and distributed which increased share capital K200,000. Compute the amount of the cash dividend
How do determine the retained earnings balance at december : Determine the retained earnings balance at December 31, 2019. It was discovered in 2019 that €150,000 of repair expense was debited to the Land account in 2018.
Analyze online community engagement culture : Your 7-10 page paper will discuss how the integration of these three theories could enhance our explanations of a communication issue of your interest.
Show the closing entry as at December : Show the closing entry as at 31 December and the settlement on 10 January in accordance with the requirements of AASB 121
Research apple home pod : Research Apple Home Pod. How does it interact with smart home devices? Alexa is now connected to smart home devices such as thermostats and microwaves.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd