Business College

Which of the following statements are true regarding dividends? (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer) O A stock dividend commonly indicates management's confidence that the company doing well O A stock dividend increases the number of outstanding shares O A stock dividend increases the number of authorized shares O Stock dividends are a mechanism to keep the market price of stock affordable On January 15, the end of the first pay period of the year, North Company's employees earned $48,000 of sales salaries. Withholdings from the employees' salaries include FICA Social Security taxes at the rate of 6.2%, FICA Medicare taxes at the rate of 1.45%, $3,100 of federal income taxes. 1,037 of medical insurance deductions, and $130 of union dues. No employee earned more than $7,000 in this first period Prepare the journal entry to record North Company's January 15 salaries expense and related liabilities View transaction list Journal entry worksheet 1 Record the employee payroll for period. Note: Enter debits before credits General Journal Debit Credit Date Jan 15 Record entry Clear entry View general journal

Answers

Answer 1

The correct option is option A and B .a) A stock dividend commonly indicates management's confidence that the company doing well b) A stock dividend increases the number of outstanding shares

Salary Expense 48,000 FICA Social Security Tax 2,976 FICA Medicare Tax 698 Federal Income Tax 3,100 Medical Insurance Deductions 1,037 Union Dues 130 Cash 42,059 Total 48,000 Total 48,000.

Tax relief or tax cuts offered by the government, "tax deduction" and "tax exemption," both refer to a reduction in taxable income. Tax exemptions, however, can also include reduced rates, no taxes at all, and simply a portion of your income being taxed.

To know more about income tax here

https://brainly.com/question/15580530

#SPJ4

Related Questions

Other Questions
Federalism is a system of government in which a written constitution divides the powers of government on a territorial basis between a central, or national government and several regional governments, usually called states or provinces. Given: ABCD is a parallelogram with AE = 9x5, AC = 14x + 34. Find AC A train travels at 80 miles per hour. An equation can be written that compares the time (t) with the distance (d). What is the domain and range?1. The domain is distance (d) and the range is time (t).2. The domain is time (t) and the range is distance (d).3. The domain is time (t) and the range is 80.4. The domain is 80 and the range is time (t). Place the biochemical name and enzymatic activity corresponding to each complex within the respiratory chain. Complex 1 Complex II Complex III Complex IV Answer Bank cytochrome bo, complex facilitates electron transfer from ubiquinol to cytochromec facilitates electron transfer from cytochrome o to 0, facilitates electron transfer from spyinate to ubiquinone succinate dehydrogeonse complex facilitates electron transfer from NADH to ubiquinone cytochrome oxidase NADH dehydrogenase complex . An engineer has calculated the list of subnet IDs, in consecutive order, for network172.30.0.0, assuming that the /22 mask is used throughout the network. Which of thefollowing are true? (Choose two answers.)a.Any two consecutive subnet IDs differ by a value of 22 in the third octet.b.Any two consecutive subnet IDs differ by a value of 16 in the fourth octet.c.The list contains 64 subnet IDs.d.The last subnet ID is 172.30.252.0 Which statement best describes the religious persecution of the 1500's and1600's?Only Jews were persecutedPersecution was widespread Jews persecuted Catholics Persecution ended in 1545 What makes a field forever unique? two different two-digit whole numbers are selected at random. what is the probability that their product is less than 200. express your answer as a common fraction. (hints: (l) there are 90 different two-digit numbers, (2) the pair {10, 11} produces the smallest product and the pair {11, 18} produces the largest product less than 200). a company had net cash flows from operations of $143,000, cash flows from financing of $376,000, total cash flows of $569,000, and average total assets of $3,880,000. the cash flow on total assets ratio equals: In a group of 500 people determine how many are suspects in the following scenario.A wallet was stolen from an office in a building with 500 employees. The suspect was wearing black pants, a white button-down shirt, and a multicolored tie. In one of the offices in the building, the following data was collected. 30 people total in the office22 wearing a white button down shirts16 wearing black pants7 wearing a multicolored tieUsing the data, how many suspects are there? For a particular nonlinear spring, the relationship betweem the magnitude of the applied force F and the resultant displacement x from equilibrium is given by the equation F = k x^2 What is the amount of work done by stretching the spring a distace x0? A) kx0^3 B) (1/2)kx0 C) (1/2)kx0^3 D) (1/3)kx0^2 E) (1/3)kx0^3 one of the three basic formations which became standard for infantry in the 18th century was the square. Identify the options below that are results of decreasing the temperature of a system that includes an exothermic reaction in the forward direction. A. The concentration of the reactants increases. B. The concentration of the products increases. C. The equilibrium constant decreases. D. The equilibrium shifts toward the products. The Gettysburg AddressWhich of the following is the best summary of the line in bold?government of the people, by the people, for the people shall not perish from the earth." luka is making lemonade to sell at a school fundraiser. his recipe requires 4 times as much water as sugar and twice as much sugar as lemon juice. he uses 3 cups of lemon juice. how many cups of water does he need? Suzanne Collins, author of The Hunger Games, often writes choppy sentences or phrases using a first-person narrator. What is the MOST likely reason for using this technique? a researcher conducted an experiment in whice he compared two methods of teaching if there were 10 people is also called procurement. a.purchasing management b.automation c.inventory management d.materials control e.quality control Find the volume, in mL, of an object whose density is 400 g/mL and has a mass of 600mg. your spacecraft crash-lands on an airless, lifeless moon. all that survives, along with the crew and you, are some chickens, and several bags of grain. the air and water recyclers are functioning. to maximize the energy provided from the food supply until a rescue craft arrives, you and the crew shoul