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navik [9.2K]
3 years ago
15

Superior has provided the following information for its recent year of operation:

Business
1 answer:
Anika [276]3 years ago
3 0

Answer:

Option (a) is correct.

Explanation:

Given that,

Beginning balance of Retained Earnings = $75,000

Net income = $26,000

Ending retained earnings = $91,000

Total Balance during the year:

= Beginning balance of Retained Earnings + Net income

= $75,000 + $26,000

= $101,000

Dividend declared:

= Total Balance during the year - Ending retained earnings

= $101,000 - $91,000

= $10,000

Therefore, the amount of dividend declared by the Superior during its recent year of operation is $10,000.

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Primrose Yard receives 15,000 large trees each year that they process into 15,000 rough logs. Currently, Primrose sells the roug
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Answer:

c. It should process further because the reduction in the cost of the trees is irrelevant.

Explanation:

For the purpose of this Decision,

Benefit of processing further = Sales Value after processing – Sale Value before processing – Further Processing costs

Cost of acquiring trees is a sunk cost already incurred and hence is not relevant

Hence, benefit of processing = (0.80-0.20)*350 – 50

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Hence, the answer is

c. It should process further because the reduction in the cost of the trees is irrelevant.

7 0
3 years ago
NuKere, a nuclear plant, accidentally leaks hazardous waste onto a nearby property, despite having recently passed a rigorous se
ioda

Answer:

a.) Nukere should be held liable because of the dangerous nature of hazardous waste. Regardless of safety checks, the accident happened.

Explanation:

"Nuclear power plants" are known to be<em> the most reliable source of electricity</em> there is in the world. However, they pose some<em> risks</em> especially when it comes to the possibility of a nuclear accident happening.

When it comes to "nuclear third party liability," a strict liability of the nuclear operator means that the victim has no fault in any situation that might occur. This means that <em>the operator is responsible or liable</em> of the power plant's dangerous nature of hazardous wastes.

Whether or not they have recently passed safety checks, there is no need for them to prove anything on he is at fault. So, <u>this makes Nukere liable for the situation.</u>

This explains the answer.

4 0
3 years ago
 Because of its importance in summarizing your strategy, the Introduction and Overview of your business plan should be 
Rashid [163]

Answer:

Because of its importance in summarizing your strategy, the Introduction and Overview of your business plan should be written last-B.

3 0
3 years ago
Which of the following would be most likely to use process costing? a.lawn fertilizer manufacturer b.custom furniture manufactur
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Answer:

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3 years ago
The only way to establish a cause-and-effect relationship between two variables is to conduct a(n) ________. experiment
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First we state a hypothesis and then we make the experiment. The experiment should </span>support, refute, or validate our hypothesis. It is done by making<span> changes in one variable and observing is that might </span>lead to<span> changes in another variable (cause-and-effect).</span>
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