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zubka84 [21]
2 years ago
13

For the year, movers united has net income of $31,800, net new equity of $7,500, and an addition to retained earnings of $24,200

. what is the amount of the dividends paid?
Business
1 answer:
Serjik [45]2 years ago
3 0

The amount of the dividends paid is $7600.

A company distributes dividends from its net income and transfers the balance amount to retained earnings.

Dividends Paid = Net Income - Retained Earnings = 31800 - 24200 =          $7600

Equity represents the fee that might be lower back to an agency's shareholders if all of the belongings were liquidated and all the employer's debts have been paid off. We also can think of fairness as a degree of residual ownership in a firm or asset after subtracting all money owed related to that asset.

The principal advantage of fairness financing is that there's no obligation to pay off the money obtained via it. equity financing locations have no extra economic burden on the company, however, the drawback can be quite big. The amount realized through the issue of new stock will not be used for dividend distribution. Only Net income is to be considered in the calculation.

Learn more about equity here:-brainly.com/question/1957305

#SPJ4

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Debit postings to the individual accounts in an accounts receivable subsidiary ledger generally come from the
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Bank transaction fee
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3 years ago
Andy deposited $3,000 this morning into an account that pays 5 percent interest, compounded annually. Barb also deposited $3,000
fiasKO [112]

Answer:

Barb will earn interest on interest yes because she don't retire the interest

Explanation:

a. Barb will earn compound interest both will aearn compound interest.

b. Barb will earn more interest the first year than Andy both are compound annualy. The first year both will earn the same amount of interest.

c. Barb will earn interest on interest yes because she don't retire the interest and reinvest it.

Compound interest (or compounding interest) is interest calculated on the initial principal, which also includes all of the accumulated interest of previous periods of a deposit or loan

d. After five years, Andy will have more money in his account than Barb. No because he spend his interest.

e. Andy will earn more interest the first year than Barb both are compound annualy. The first year both will earn the same amount of interest.

3 0
3 years ago
Parker & Stone, Inc., is looking at setting up a new manufacturing plant in South Park to produce garden tools. The company
vaieri [72.5K]

Answer:

the proper cash flow amount is $11,060,784

Explanation:

The computation of the proper cash flow amount is shown below:

= land value + plant value + grading value

= $3,650,288 + 6,880,840 + $529,656

= $11,060,784

Hence, the proper cash flow amount is $11,060,784

So the same should be considered and relevant

7 0
3 years ago
During the ________ era, the prevalent business philosophy turned from an emphasis on production to an emphasis on advertising a
Vilka [71]
Hello There!

<span>During the selling era, the prevalent business philosophy turned from an emphasis on production to an emphasis on advertising and selling.</span>

Hope This Helps You!
Good Luck :) 

- Hannah ❤
8 0
3 years ago
A marketing campaign makes unsubstantiated claims for the product it is promoting. Under ________, such advertisements would be
vredina [299]

Answer:

Section 5 of the FTC Act

Explanation:

Section 5 of the FTC Act prohibited companies to make "deceptive actions"  during all activities in a commerce.

In marketing, this section of the Act prevented companies to falsely promoting their products. They're required to truthfully listed all ingredients of the product and banned from making claim that are misleading to the consumers.

For example, you can't claim a drug that you sell can cure cancer without proper authorized researches to back it up.

3 0
3 years ago
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