1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
pychu [463]
2 years ago
8

Determining Cash Payments to Stockholders The board of directors declared cash dividends totaling $209,800 during the current ye

ar. The comparative balance sheet indicates dividends payable of $50,400 at the beginning of the year and $45,400 at the end of the year. What was the amount of cash payments to stockholders during the year?
Business
1 answer:
Crank2 years ago
5 0

Answer:

  $214,800

Explanation:

The amount paid is the sum of the amount declared and the difference in amounts payable.

  dividends paid = $209,800 +50,400 -45,400

  dividends paid = $214,800

You might be interested in
Melissa is the supervisor of customer service and she directly oversees the work of four customer service specialists. melissa w
antoniya [11.8K]
First line manager - This is because she is mandated with making short-term decisions directing the daily tasks of non-managerial personnel. She cannot make any major decisions concerning the production process. However, she is an important source of information about worker satisfaction for higher management to take into account in their organizational planning process.



8 0
3 years ago
Is anyone a Steelers fan? Or Washington FT fan
vodka [1.7K]

Answer:

steelersssss all the way babyyyy

Explanation:

6 0
3 years ago
Which of the following best describes the current ratio?
-Dominant- [34]

Answer:

c. liquidity ratio

Explanation:

Liquidity means having cash or access to cash readily available to meet obligations to make  payments.

For the purpose of ratio analysis, liquidity is measured on the assumption that the only sources of

cash available are:

Cash in hand or in the bank, plus

Current assets that will soon be converted into cash during the normal cycle of trade.

It is also assumed that the only immediate payment obligations faced by the entity are its current  liabilities.

There are two ratios for measuring liquidity:

Current ratio

Quick ratio, also called the acid test ratio.

Based on the above discussion, the answer is c. liquidity ratio

8 0
3 years ago
Read 2 more answers
Suppose a firm has an annual budget of $200,000 in wages and salaries, $75,000 in materials, $30,000 in new equipment, $20,000 i
Schach [20]

Answer:

The firm earns revenues of $360,000 per year. To receive a normal profit, the firm described above would have to earn additional revenue of $90,000

Explanation:

As per the information provided in the question, the current profit/loss after deducting all expenditure from income is as follows:

Particular                                     Amount ($)

Revenue                                      360,000

Less: Wages and Salaries          (200,000)

Less: Materials                             (75,000)

Less: New Equipment                  (30,000)

Less: Rented Property                 (20,000)

Less: Interest Costs                      (35,000)

Profit/Loss                                           0

As confirmed from the calculation above currently no profit is being earned even after the owner/manager not receiving income from the firm. Therefore, the firm should generate additional revenue of $90,000 in order to earn normal profit.

8 0
3 years ago
How many loads of laundry will each shift pay for if the cost per load rises to 16 quarters? express your answer numerically as
vampirchik [111]

If the price was to rise to $16 quarters then the loads of laundry that each shift would pay for is 112 loads

<h3>How many loads would each shift pay for?</h3>

The amount earned for shift of 75 minutes is:

= 12 x 1.5 hours

= $18

If the cost per load rises to 16 quarters, the number of loads you can afford is:

= Amount earned / cost per load

= 18 / 0.16

= 112 loads

Rest of the question is:

You wash dishes for a chemistry laboratory to make extra money for laundry. You earn 12 dollars/hour, and each shift lasts 75 minutes. Your laundry requires 12 quarters/load.

Find out more on cost per unit at brainly.com/question/8185573

#SPJ1

8 0
1 year ago
Other questions:
  • The overminustheminuscounter ​(OTC) market is​ ________.
    7·1 answer
  • Binkers, LLC and Toves Inc. have merged, doubling the number of production facilities. To help decide which facilities to keep o
    13·1 answer
  • Which of the following should you do during an interview?
    9·2 answers
  • The following is the cash flow from a manufacturing plant in the next five years:
    10·1 answer
  • Financial markets have the basic function of:________
    13·2 answers
  • All of the following are concepts learned in English courses except O A. how to speak the language. B. literary criticism. C. gr
    12·1 answer
  • The computer accessories that Javier is making and selling are bringing in a substantial amount of money for him. Inspired by th
    5·1 answer
  • Write a letter to your father asking for money to buy textbooks and pay for your school fees​
    5·1 answer
  • The job order cost system for a service business includes all of the following except a.materials and supplies inventory. b.cost
    8·1 answer
  • Healthy Foods has a book value per share of $32.68, earnings per share of $3.09, and a price-earnings ratio of 16.8. What is the
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!