What is the proper way to hold glassware when serving?

Aikman Company paid dividends of $2,410, $0, $1,570 and $1,060 over the first four years of the company's existence, respectivel

Alenkasestr [34]

Answer:

C. $3,685

Explanation:

Total dividends paid in first 4 years

= $2,410 + $0 + $1,570 + $1,060

= $5,040

Retained Earnings ending balance is the net of the total income earned over the years less the total dividend paid through the years.

Retained Earnings ending balance = Total income - total dividend paid

$9,700 = Total income - $5,040

Total Income = $9,700 + $5,040

= $14,740

Average annual amount of net income (loss) over the first four years for Aikman

= $14,740/4

= $3,685

Option C.

3 0

3 years ago

Swagelok Enterprises is a manufacturer of miniature fittings and valves. Over a 5-year period, the costs associated with one pro

Mars2501 [29]

Answer:

The rate of return did the company make on this product is 61.93%

Explanation:

initial cost = 20000

Annual benefit = 29000

Annual cost = 16000

Salvage value = 10000

t = 5yrs

Let rate of return is I, then at rate of return NPV=0

Present value = -20000 + (29000 - 16000)*(P/A, i, 5) + 10000 (P/F, i, 5)

-20000 + 13000*(P/A, i, 5) + 10000 (P/F, i, 5) = 0

13*(P/A, i, 5) + 10* (P/F, i, 5) = 20

We need to use trail and error method to find rate of return

At = 10%, value of expression 13*(P/A, i, 5) + 10* (P/F, i, 5) is 55.49

At = 15%, value of expression 13*(P/A, i, 5) + 10* (P/F, i, 5) is 48.55

At = 25%, value of expression 13*(P/A, i, 5) + 10* (P/F, i, 5) is 38.24

At = 35%, value of expression 13*(P/A, i, 5) + 10* (P/F, i, 5) is 31.09

At = 45%, value of expression 13*(P/A, i, 5) + 10* (P/F, i, 5) is 25.94

At = 55%, value of expression 13*(P/A, i, 5) + 10* (P/F, i, 5) is 22.11

At = 60%, value of expression 13*(P/A, i, 5) + 10* (P/F, i, 5) is 20.55

At = 62%, value of expression 13*(P/A, i, 5) + 10* (P/F, i, 5) is 19.98

using interpolation

rate of return = 0.6 + (20.55-20)/(20.55-19.98) * (0.62-0.6)

= 0.6+0.019298

= 0.6193

= 61.93%

Therefore, The rate of return did the company make on this product is 61.93%

8 0

3 years ago

Ill give 25 points for it

Harrizon [31]

Two ways by which Customer Service and Support can affect sales are:

Distributing marketing information
Increased sales through responsiveness and personalization

<h3>What is the benefit of customer service and support to sales?</h3>

Customer service and support is very important to businesses because it helps them to deal with their customers which are very important to them making sales and profit. In order words, the work of customer service and support is very important to the profitability of a company.

One way that customer service and support can influence sales is by distributing marketing information. For instance, if a customer has an issue, the customer service rep can refer them to some marketing information. Customer service can also lead to increased sales when they engage in personalization and responsiveness and this makes the customer feel appreciated and thereby likely to patronize a company again.

Find out more on customer service at brainly.com/question/26546102

#SPJ1

6 0

1 year ago

Read 2 more answers

Cutter Enterprises purchased equipment for $84,000 on January 1, 2018. The equipment is expected to have a five-year life and a

Anna71 [15]

Answer:

$25,200 and $58,800

Explanation:

The computation of the depreciation expense and the book value using the sum-of-the-years'-digits method is shown below:

The depreciation expense is

= (Purchase cost - residual value) × useful life ÷ (sum of years)

= ($84,000 - $8,400) × 5 years ÷ (1 + 2 + 3 + 4 + 5)

= $75,600 × 5 years ÷ 15 years

= $25,200

And, the book value is

= Purchase cost - depreciation expenses

= $84,000 - $25,200

= $58,800

We simply applied the above formulas

6 0

3 years ago

The break even income would be level

Anton [14]

The answer would be 2 (C). As break-even the point at which cost and income are equal and there is neither profit nor loss also : a financial result reflecting neither profit nor loss. break-even.

I hope it helped you!

5 0

3 years ago