Mocha Company earned net income of $ 105,000 during the year ended December 31, 2018. On December 15, Mocha declared the annual cash dividend on its 2% preferred stock (par value, $ 125,000) and a $0.25 per share cash dividend on its common stock (62,000 shares). Mocha then paid the dividends on January 4, 2019.

Journalize for Mocha the entry declaring the cash dividends on December 15, 2018.

The answer is given below;

Explanation:

Retained Earnings   (125,000*2%) Dr.$2,500

Dividend payable                                            Cr.$2,500

Retained Earnings  (62,000*.25)  Dr.$15,500

Dividend Payable                                         Cr.$15,500

answer; false pretense;

answer: marginal utility of the fourth brownie is 0.

explanation: marginal utility is the addtional utility gained from the consumption of one more unit of a good. it is given by,

so, marginal utility at the 4th unit will be given by

since, the values are not given here, you can simply find marginal utility at fourth unit by subtracting total utility at 3rd unit from total utility at 4th unit.