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lawyer [7]
2 years ago
5

Wi-Fi, Inc., reported a net income of $50,000 for the current year. The beginning and ending balances for Retained Earnings for

the year are $100,000 and $130,000 respectively. How much did Wi-Fi pay as dividends for the year
Business
1 answer:
Alexxx [7]2 years ago
4 0

The total value of dividends paid to the shareholders of Wi-Fi, Inc. for the year given the change in retained earnings and income is $20,000.

<h3>What is the dividend paid?</h3>

Dividend is the amount paid to shareholders of a public company out of the net income earned by a company in a particular period.

Dividend paid = net income - change in net income

Change in net income = $130,000 - $100,000 = $30,000

Dividend paid = $50,000 - $30,000 = $20,000

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A Treasury bond that settles on August 10, 2016, matures on September 27, 2021. The coupon rate is 4.6 percent and the quoted pr
BaLLatris [955]

Answer:

3.09%

Explanation:

Yield to maturity = [C + ((F - P) / n)] / [(F + P) / 2]

Face value = $1,000

C = Coupon or interest payment = $1,000 * 4.6% = $46

P = quoted price = $1,000 * 107% = $1070

n = Years to maturity = 5

Therefore, we have:

Yield to maturity = [46 + ((1,000 - 1,070) / 5)] / [(1,000 + 1,070) / 2] = 0.0309. or 3.09%  

7 0
3 years ago
Weekly demand for private label washing machines at Arcelik, a Turkish department store chain, is normally distributed with a me
Vesna [10]

Answer:

Check the explanation

Explanation:

Mean, D = 500

Standard deviation, ao = 300

Mean, L = 9 weeks

Standard deviation, .s1 = 6 weeks

Use the following formula to calculate safety stock level:

Safety stock = 2.33 X \sqrt[]{9}    X 300  = 2093.7

In case of European supplier,

Safety stock = 2.33X\sqrt{1}X300 = 699

Kindly check the attached images below to see the spreadsheet solution to the question above

8 0
3 years ago
n project time management, the next step after defining project activities is: a. planning schedule management. b. controlling t
yulyashka [42]

Answer:

C. Determining their dependencies

Explanation:

In project time management, there are several procedures which includes;

1. Planning of the management schedule

2. Definition of project activities

3. Sequencing (determining their dependencies)

4. Estimation of activity resources

5. Estimation of activity duration

6. Development of schedule

The next step after the definition of project activities (which is the second step) in project time management, is the sequencing of activities which can also be interpreted as determining their dependencies. This process simply means taking the list of activities identified in the previous step (defining project activities) and arranging them in the right order while exploring the linkage between them.

6 0
4 years ago
What does it mean if your net assets increase
Bad White [126]
When a company earns income, it becomes larger because net assets have increased. Even if a portion of the profits is later distributed to shareholders as a dividend, the company has grown in size as a result of its own operations.
5 0
3 years ago
Read 2 more answers
An inexperienced accountant for Marigold Corp. showed the following in the income statement: income before income taxes $432,000
nekit [7.7K]

Answer:

$346,524

Explanation:

Marigold Corp correct statement of Comprehensive Income

Income before income taxes 432,000

Income taxes expenses 142,560

(432,000*33%)

Net Income or loss 289,440

(432,000-142,560)

Other comprehensive income:

Unrealized gain on available-for-sale securities before tax

(85,200-(85,200*33%)

=85,200-28,116

=57,084

Hence:

Comprehensive income:

289,440+57,084

=$346,524

6 0
4 years ago
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