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katovenus [111]
2 years ago
14

Jasper's income statement reports revenue from investments that lack significant influence of $10,000, and its balance sheet rep

orts that dividends receivable decreased by $1,500. How much will Jasper report as cash received from investments
Business
1 answer:
Lelu [443]2 years ago
3 0

$11,500.A dividend is a payment made to a particular class of shareholders from a portion of a company's earnings. The company's board of directors makes and administers dividend decisions, but they require shareholder approval through the exercise of their voting rights.

<h3>What does the term "dividend" mean to you?</h3>
  • The company distributes its net profits to its shareholders in the form of dividends.
  • A dividend is one way a business can thank its shareholders for maintaining their faith in it.
  • A dividend is a benefit given to shareholders by publicly traded companies, and it is funded by the latter's net profit.
  • These incentives, which can take the form of cash, cash equivalents, shares, etc., are typically paid from the remaining portion of profit after all necessary expenses have been covered.

To know more about Dividends check this out:https://brainly.com/question/28044310

#SPJ4

You might be interested in
f a business has fixed costs of $1k a month, variable costs of $1k a month and has product sales of $2k a month, what statement
PSYCHO15rus [73]

Answer:

The correct option is b. The business is realizing $0 profit and the business is at break-even point.

Explanation:

Note: This question is not complete. The complete question is therefore provided before answering the question as follows:

If a business has fixed costs of $1k a month, variable costs of $1k a month and has product sales of $2k a month, what statement is a correct analysis of the situation?

a. The business is realizing $2k profit and the business is at break-even point

b. The business is realizing $0 profit and the business is at break-even point

c. The business is realizing $2k loss and the business is at break-even point

d. The business is realizing $2k profit

The explanation of the answer is now provided as follows:

Total cost = Fixed cost + Variable cost = $1K + $1K = $2k

Total revenue = Product sales = $2k

Profit = Total revenue - Total cost = $2k - $2k = $0

When a business makes $0 profit, it implies that the business is at break-even point.

Therefore, the correct option is b. The business is realizing $0 profit and the business is at break-even point.

6 0
2 years ago
Keyser Corporation, which has only one product, has provided the following data concerning its most recent month of operations:
Darya [45]

Answer:

Net operating income= 11,600

Explanation:

Giving the following information:

Selling price $118

Variable costs per unit:

Direct materials $37

Direct labor $23

Variable manufacturing overhead $3

Variable selling and administrative expense $5

Fixed costs:

Fixed manufacturing overhead $73,500

Fixed selling and administrative expense $29,900

The variable costing method incorporates all variable production costs (direct material, direct labor, and variable overhead).

<u>First, we need to calculate the total variable cost per unit:</u>

Total variable cost per unit= 37 + 23 + 3 + 5= $68

<u>Income statement:</u>

Sales= 118*2,300= 271,400

Total variable cost= 68*2,300= (156,400)

Total contribution margin= 115,000

Fixed manufacturing overhead= (73,500)

Fixed selling and administrative expense= (29,900)

Net operating income= 11,600

5 0
3 years ago
George believes that Lillian is arrogant, because she is part of the LGP group. Because other members of the LGP group that Geor
slava [35]

Answer:

The correct answer is: The fallacy of composition.

Explanation:

The fallacy of composition refers to the usually mistaken idea that an individual has in which because a component of a whole is a certain way, the whole is that very certain way, too. The fallacy of composition is a simplified, subjective generalization that individuals come up with where there is not enough proof that the statement being provided is real.

Thus, <em>as George believes Lillian is arrogant because she is part of the LGP groups and George has met previous LGP members who are arrogant, he is assuming all LGP members are arrogant. George has fallen into the composition fallacy.</em>

5 0
3 years ago
What is the price-sales ratio if the market price is $43.20 per share? (use end-of-year values)
Grace [21]

The price-sales ratio if the market price is $43.20 per share is: 4.28.

<h3>Price-sales ratio </h3>

Using this formula

Price-sales ratio=Market price per share/[Net sales/ (Ending Common stock ($1 par value)]

Let plug in the formula

Price-sales ratio = $43.20 / [$827,500 / ($82,000 / $1)] = 4.28

Price-sales ratio = $43.20/  [$827,500 /$82,000]

Price-sales ratio = $43.20/10.091

Price-sales ratio = 4.28

Therefore the price-sales ratio if the market price is $43.20 per share is: 4.28.

Learn more about Price-sales ratio here:brainly.com/question/28256715

#SPJ1

The complete question is:

Income Statement For the Year

Net sales $827,500

COGS 611,800

Depreciation 23,100

EBIT $192,600

Interest 9,700

Taxable income $182,900

Taxes 6,200

Net income $176,700

Balance Sheet

Beginning of Year End of Year

Cash $ 38,200 $43,700

Accounts receivable 91,400 86,150

Inventory 203,900 214,600

Net fixed assets 516,100 537,950

Total assets $849,600 $882,400

Accounts payable $136,100 $104,300

Long-term debt 329,500 298,200

Common stock ($1 par value) 75,000 82,000

Retained earnings 309,000 397,900

Total Liab. & Equity $849,600 $882,400

What is the price-sales ratio if the market price is $43.20 per share? (Use end-of-year values)

6 0
2 years ago
fatas Corporation uses the weighted-average method in its process costing system. The Assembly Department started the month with
lbvjy [14]

Answer:

102,200 units

Explanation:

Equivalent units for conversion costs

Note that the <u>weighted-average method in its process costing system</u> is being used

Units Completed and transferred ( 102,000 x 100%)  102,000

Ending Work in Process (1,000 x 20%)                               200

Equivalent Units of Production                                     102,200

<u>Conclusion</u>

The equivalent units for conversion costs in the Assembly Department for the month is 102,200.

6 0
3 years ago
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