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
Dmitriy789 [7]
3 years ago
14

"Net income for the period was $200,000. The retained earnings account had a beginning balance of $25,000. If the company paid d

ividends of $20,000 during the year, what is the ending balance in retained earnings?"
Business
1 answer:
solmaris [256]3 years ago
3 0

Answer:

Retained earning balance at the end would be = $205,000

Explanation:

Retained earnings at the end = Retained earning at the beginning + Net income - Dividend paid

The net income would increase the balance of the retained earnings hence it is added to it.

The Dividend paid would be a cash outflow which would reduce the balance of the retained earnings, hence it is deducted from it.

So applying this to the question, we have

Retained earning balance at the end would be:

25,000 + 200,000 - 20,000 = $205,000

Retained earning balance at the end would be = $205,000

You might be interested in
Marshall's & Co. purchased a corner lot in Eglon City five years ago at a cost of $640,000. The lot was recently appraised a
Gala2k [10]

Answer:

$1,780,000

Explanation:

The computation of the initial cash flow for this building project is shown below:

= Estimated building cost + appraised cost of the lot

= $1,110,000 + $670,000

= $1,780,000

Simply we added the estimated building cost and the appraised cost of the lot so that the initial cash flow amount can come.

All other information which is given is not relevant. Hence, ignored it

3 0
3 years ago
A good cover letter should only address your ability to perform __________ skills that the employer is seeking.
aalyn [17]

Answer: b. three or four

Explanation:

Cover letters are meant to introduce the applicant for the role in a manner that would inspire the recruiter to want to take their applicant further in the recruitment process.

As such, the applicant should include some selling points to encourage this. One of said selling points is the possession of the skills that the role in question requires. A good number to possess/include in the letter is three to four of said skills because anything less might be too little and anything more might inspire distrust.

7 0
3 years ago
Which of the following is the process of taking the necessary preventive or corrective actions to keep things on track?
Kryger [21]
Control is the right answer to keep things on track
4 0
3 years ago
A company is offering perpetual preferred stock (its dividend payments last forever) with a fixed annual dividend of $100. If yo
sukhopar [10]

Answer:

833.33

Explanation:

The fixed annual dividend is $100

The required rate of return on this investment is 12%

Therefore the value for each share can be calculated as follows

= 100/(12/100)

= 100/0.12

= 833.33

Hence the value for each share is 833.33

8 0
3 years ago
Spiros is a member of the production design team on a science fiction film called The Future Begins Yesterday. It is a big budge
kondaur [170]

Answer:

A. make Spiros responsible for sourcing wall hangings and window treatments only

Explanation:

Process loss can be said to be an action or deficiency in performance by an individual that prevents a team or group from reaching its potential or achieving its goal within a stipulated time.

The two main factors that contribute to process loss are:

i) Coordination loss: Here, there is too much wait time among all members of the group. Members must coordinate their individual tasks and that of other group members. Too much time is lost here because individuals efficiency differs.

ii) Motivational loss: This happens when individuals of a grouo fail to work as hard as they should. Some individuals may tend to put lesser efforts than their team members, and this leads to loss of team effectiveness in the given task and it affects the results of the group.

Here, Spiro's problem is related to motivational loss, as his efforts do not match that of his teammates'.

There are steps used in addressing process loss.

The best way for Marsha to address spiros' behavior is to make Spiros's task more discrete and identifiable, this involves making Spiro solo responsible for sourcing wall hangings and window treatments only. This will ensure Spiro does not depend on other teammates and he has a solo responsibility which he must fulfill.

6 0
3 years ago
Other questions:
  • How were land mines used in the civil war?
    9·1 answer
  • The yield to maturity on a discount bond is: equal to both the coupon rate and the current yield. equal to the current yield but
    15·1 answer
  • Overton Company has gathered the following information. Units in beginning work in process 21,400 Units started into production
    13·1 answer
  • What will happen to the governmentâs tax revenues if Song chooses to spend more time pursuing her other passions besides work in
    6·1 answer
  • A company bought a $1,000,000 building and $500,000 of land with a $300,000 cash down payment and used a new mortgage to pay the
    10·1 answer
  • A stock is expected to return 11% in a normal economy, 19% if the economy booms, and lose 8% if the economy moves into a recessi
    5·1 answer
  • GIVING BRAINLIEST <br> hi!.... so i have a question for all of you... how do you make money?
    7·2 answers
  • On May 10, 2020, Marin Co. enters into a contract to deliver a product to Greig Inc. on June 15, 2020. Greig agrees to pay the f
    11·1 answer
  • According to the liquidity preference model, if the Federal Reserve increases the money supply, the equilibrium interest rate __
    13·1 answer
  • As the wage rate increases, the quantity of labor supplied by an individual worker will?
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!