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answer 1 pts Harris Corporation had net income of $230,000 and paid dividends of $50,000 to common stockholders and $20,000 to preferred stockholders in 2020.
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1 pts Harris Corporation had net income of $230,000 and paid dividends of $50,000 to common stockholders and $20,000 to preferred stockholders in 2020. Harris Corporation's common stockholders' equity at the beginning and end of 2020 was $870,000 and $1,130,000, respectively. There are 100,000 weighted-average shates of common stock outstanding. Harris Corporation's earnings per share for 2020 was $2.10 Question 9 1 pts Sales taxes collected by a retailer are recorded as a(n) liability. expense. .revenue. asset. Question 8 1 pts Mast General Store has total receipts for the month of $45,990 including sales taxes. If the sales tax rate is 5%, what are Mast's sales for the month? It cannot be determined from the information provided. $48,290 $43,800 $43,691 Question 15 1 pts Hadicke Company purchased a delivery truck for $35,000 on January 1, 2019. The truck was assigned an estimated useful life of 5 years and has a salvage value of $10,000. Compute depreciation expense using the double declining-balance method for 2019. $14.000 $10,000 $7,000 $5,000 Hadicke Company purchased a delivery truck for $35,000 on January 1, 2019. The truck was assigned an estimated useful life of 5 years and has a salvage value of $10,000. Compute depreciation expense using the double-declining-balance method for 2020. $11,200 $6,000 $8,400 $8,000
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