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Alex73 [517]
3 years ago
7

Bagwell's net income for the year ended December 31, Year 2 was $175,000. Information from Bagwell's comparative balance sheets

is given below. Compute the cash paid for dividends during Year 2.
Business
1 answer:
Nataliya [291]3 years ago
4 0

Solution:

The cash dividend is cash or assets generally paid into the current income  of the company to the shareholders. All dividends are to be declared by the executive board and whether the payment for the dividend should remain identical.

Ending Retained Earnings= Beginning Retained Earnings + Net Income - Dividends

    ( Beginning and Ending Retained Earnings are given in question )

     $688,000                    = $582,000 + $175,000 - Dividends

     $688,000                    = $757,000 - Dividends

     Dividends                    = $757,000 - $688,000

     Dividends                    = $69,000

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"A retired customer that has a portfolio of blue chip stocks is looking to supplement his retirement income. An appropriate reco
NeTakaya

Answer: sell covered calls

Explanation:

A retired customer that has a portfolio of blue chip stocks is looking to supplement his retirement income. An appropriate recommendation would be to sell covered calls.

It should be noted that a covered call is a financial transaction that takes place when a call option is sold by an investor even though the investor still owns part of the security based on what's sold.

7 0
3 years ago
In general, the better candidates for shortening are: Early tasks opposed to later tasks. Later tasks opposed to early tasks. Bu
Vesnalui [34]

Answer:

Early tasks opposed to later tasks.

Explanation:

Shortening is a strategic procedure used by project managers to reduce or shorten a project's duration by cutting the duration of critical path tasks.

The rationale behind shortening of a project is basically to have a competitive advantage or edge in the market. In order to compete successfully, project managers are always expected to be spontaneous in bringing their company's goods and services to the market in a flash.

There are two important ways of shortening a particular project, these are;

1. Crashing.

2. Task splitting.

In project management, the longest task is considered to be the most effective and efficient candidate activities to shorten a project's duration.

In general, the better candidates for shortening are early tasks opposed to later tasks. The early start of tasks represents one of the primary date used in project scheduling and it's the earliest date a project manager commences an activity, with respect to all its predecessors and successors.

Early tasks usually involves the use of an easy approach to project kickoff while later tasks uses the difficult approach.

8 0
3 years ago
A project has an initial cost of $18,400 and is expected to produce cash inflows of $7,200, $8,900, and $7,500 over the next thr
garri49 [273]

Answer: 2.91 years

Explanation:

The discounted payback period calculates how long it takes for the cummulative discounted cash flow to equal the amount invested.

Please check the attached image for the table explaining how the answer was gotten.

7 0
3 years ago
Jason rents rooms in his hotel for an average of $100 per night. The variable cost per rented room is $20. His fixed costs are $
melisa1 [442]

Answer:

D) 1,500

Explanation:

rent per room =$100 dollars

variable cost= $ 20 dollars

fixed cost =$ 100,000.00

desired profits=$ 20,000.00

volume(V) to meet profit target;

Contribution margin per sale= $100-$20= $80

Profits = revenue-cost

=$20,000= Vx$80-$100,000

=20,000=v80-100000

   v80=100,000.00+20,000

    v80=120,000

         v=  120,000/80

Volume =1,500

 

8 0
2 years ago
Suppose foreigners spend $7 billion on american exports in a given year and americans spend $5 billion on imports from abroad in
Rina8888 [55]
Around <span>+$2 billion. would be the answer!</span>
5 0
3 years ago
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