Answer the following questions:

1. What is a data processing cycle?

-is a sequence of steps or operation for processing data. I.e. processing raw data to
usable form.
-is a sequence of procedures for converting data into useful information.
-The goal of this processing is to produce actionable data that can be used to improve a
company’s performance.
-The cycle depicts how data moves and transforms from collection to analysis, and how
it is then used to make sound business decisions.
-The goal of this processing is to produce actionable data that can be used to improve a
company’s performance.
actionable data that can be used to improve a company’s performance.
-The cycle depicts how data moves and transforms from collection to analysis, and how
it is then used to make sound business decisions.
Data processing, manipulation of data by a computer. It includes the conversion of raw data to
machine-readable form, flow of data through the CPU and memory to output devices, and
formatting or transformation of output. Any use of computers to perform defined operations
on data can be included under data processing

There were no dividends in arrears for preference shares. During 2021, the following events
occurred:
a. Earnings during 2021 total P6,000,000. The board of directors declares a cash dividend totaling
P2,800,000 to be paid as appropriate and ordinary shareholders. Later, a share dividend of 10
percent is declared on ordinary shares. The market value of ordinary share is P68 per share on
the date the share dividend is declared.
b. In order to familiarize shareholders with on the company’s new products, the board declares a
property dividend of one ounce of new perfume the company produces for every ordinary share
outstanding (before the above share dividend). The cost of the perfume if P6 per ounce, and the
product has a wholesale market value of P10 per ounces. Any gain or loss on this transaction is
already included in the earnings reported above.
c. At the end of 2021, the board declares a three-for-two share split. With the split, the number of
ordinary shares authorized to be issued is increased to 1,500,000. At the date of the share split,
the marked value of ordinary share is P75 per share.