Entries by mary WAMBUGU

Cecile Co.’s payroll for the month ended January 31 is summarized as follows: Total wages $100,000

August 23, 2019 in /by

Question Cecile Co.’s payroll for the month ended January 31 is summarized as follows:Total wages $100,000 Amount of wages subject to payroll taxes: FICA 80,000 Unemployment 20,000 Payroll tax rates: FICA for employer and employee 7% each Unemployment 3% In its January 31 balance sheet, what amount should Cecile accrue as its share of payroll […]

 

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The following stock dividends were declared and distributed by Sol Corp.: Percentage of Common Shares

August 23, 2019 in /by

Question The following stock dividends were declared and distributed by Sol Corp.:Percentage of Common Shares Outstanding at Declaration Date Fair Value Par Value 10 $15,000 $10,000 28 40,000 30,800 What aggregate amount should be debited to retained earnings for these stock dividends? $40,800 $45,800 $50,000 $55,000   Looking for a Similar Assignment? Order now and […]

 

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MacLeod Inc.’s stock has a beta of 1.0 and a required rate of return of 0.12. If the expected rate of return of the U.S. government T-bill is 0.05,

August 23, 2019 in /by

MacLeod Inc.’s stock has a beta of 1.0 and a required rate of return of 0.12. If the expected rate of return of the U.S. government T-bill is 0.05, what is the expected rate of return of the market index according to the Capital Asset Pricing Model?   Looking for a Similar Assignment? Order now […]

 

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What is the dividend yield of a stock which just paid a dividend of $1, has an expected growth rate of 0.07 and a current price of $29?

August 23, 2019 in /by

What is the dividend yield of a stock which just paid a dividend of $1, has an expected growth rate of 0.07 and a current price of $29?   Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code “Newclient”

 

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