Based on the expected sales, net profit margin, and dividend payout ratio, the projected increase in retained earnings for Khadimally Inc, is $33,181.71.
<h3>What is the projected increase in retained earnings?</h3>
First find the expected profit:
= Sales x Net profit margin
= 763,500 x 5.3%
= $40,465.50
The projected increase is:
= 40,465.50 x (1 - 18%)
= $33,181.71
Find out more on retained earnings at brainly.com/question/25998979.
Answer:
The amount left for consumption spending is $32,932.95
Explanation:
The amount left for consumption spending is known as disposable income or take-home pay less savings .The disposable income is the income left after taxes have been paid to relevant tax authority.The computation of amount left for consumption is done below:
Gross income $40,221
Tax at 11%(11%*$40,221) ($4424.31
)
Disposable income $35,796.69
Savings at 8% of disposable income
($35,796.69*8%) ($2,863.74)
Amount left for consumption spending $32,932.95
This is not mean that I have to spend this $32,932.95 during the month, there might some investments I want to my money on to yield more returns.
Answer:
The correct answer is B. can use different depreciation methods for tax and financial reporting purposes.
Explanation:
Corporations are allowed to use various depreciation methods (in a straight line, double decreasing balance and the sum of the digits of the years). For fiscal purposes, using the MACRS recovery periods, the assets of the first four classes of property are depreciated using the double declining balance method.
We refer to these types of goals as SMART goals
Specific
Measurable
Achievable
Relevant
Time-bound
I will purchase a three-bedroom house located near Cherry Park by my twenty-fifth birthday goal meets all these criteria
The kind of marketing strategy that Bateman Gray adopted with its car dealers is exclusive dealing.
Exclusive dealing marketing strategy occur when a dealer only sell the items or goods made by a specific or particular supplier or manufacturer.
This means that customers can not find another brand of products produce by another manufacturer in the dealer outlet because the dealer has stick to that particular products from the designated supplier.
Based on the information given the car dealer is engaging in what is called Exclusive dealing because the dealer is only selling a particular brand products from a particular company.
Learn more about exclusive dealing here:
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