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Aleks [24]
4 years ago
8

Harrison Recyclers Company uses the indirect method to prepare its statement of cash flows. Refer to the following information f

or 2017:
1. Retained Earnings, beginning balance, $142,000
2. Retained Earnings, ending balance, $122.000
3. There is a net loss of $14,000 for the year.
What is the amount of dividends declared during the year?

A. $7,000
B. $6,000
C. $16,000
D. $34,000
Business
1 answer:
nevsk [136]4 years ago
8 0

Answer:                                                                  $

        Retained earnings beginning balance   142,000

        Net loss for the year                                  <u>(14,000)</u>

                                                                              128,000

       Retained earnings ending balance          <u> (122,000)</u>

       Amount of dividend declared                      <u> 6,000</u>

 

Explanation:  In order to calculate the amount of dividend declared, there is need to deduct the net loss for the year from retained retained earnings beginning balance.  Thereafter, we also need to deduct retained earnings ending balance.                                                

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A U.S. manufacturer of adaptive devices for persons with disabilities is considering expanding internationally. It is a fairly s
posledela

Answer:

exporting

Explanation:

The exporting refers to the trade in which the goods and services are produced and sold to the another country. In this, the person who sells the goods and services is known as exporter while the foreign buyer who buyed the goods and services is known as importer

According to the given situation, the company is looking for growth opportunities and it is a fairly small company. Moreover it focused on exporting the goods and services

Hence, the option C is correct

5 0
3 years ago
A gourmet coffee shop in downtown San Francisco is open 200 days a year and sells an average of 77 pounds of Kona coffee beans a
NARA [144]

Answer:

a. 464 beans

b. $464

Explanation:

a. The computation of the economic order quantity is shown below:

= \sqrt{\frac{2\times \text{Annual demand}\times \text{Ordering cost}}{\text{Carrying cost}}}

where,

Annual demand = 200 days × 77 pounds = 15,400

And, all other items values would remain the same

Now put these values to the above formula  

So, the value would equal to

= \sqrt{\frac{2\times \text{15,400}\times \text{\$14}}{\text{\$2}}}

= 464 beans

The average inventory would equal to

= Economic order quantity ÷ 2

= 464 units ÷ 2

= 232 units

b. Holding cost = average inventory × carrying cost per unit

= 232 units × $2

= $464

7 0
3 years ago
The price of beef rises significantly, what will happen in the market for fast-food hamburgers assuming nothing else happens in
romanna [79]

Answer:

Option (c) is correct.

Explanation:

We know that beef is used as an ingredient or input in making hamburgers. If the price of the input i.e beef increases then as a result supply of hamburgers decreases because of the higher cost of production. This will shift the supply curve leftwards, its shows that lesser supply with same level of demand will lead to higher prices of hamburgers.

5 0
3 years ago
What is the most profound way in which e-commerce and the Internet have changed the relationship between companies and their cus
alexdok [17]

Answer and Explanation:

The major impact by which the e commerce and the internet have changed the relationship between the customers and companies is that they have made customers an active participant in the marketing process. Earlier the companies promoted their products and services and the customers passively indulged in the process of marketing. But now there is a two way communication between the customers and the marketers in the e commerce format. The customers are not able to compare the prices and features of the products online but they also provide feedback to the companies and other customers about the products and services. The customer ratings and reviews are now an important proof of the reliability and quality of a product. The customers are now active participant in marketing process and they now have more say in the process. This has deepened the relationship which existed between customers and companies. The companies are therefore becoming more responsive to the needs and requirements of the customers E commerce and internet has increased the importance of the customers and have forced the companies to maintain good relationships with the customers.

6 0
3 years ago
Suppose you deposit $2,262.00 into an account today. In 11.00 years the account is worth $3,855.00. The account earned ____% per
zmey [24]

Answer:

4.97 %

Explanation:

Data and Calculation :

PV = - $2,262.00

N =  11.00

FV = $3,855.00

P/YR = 1

PMT = $0

I/YR = ? 4.97 %

THUS,

The account earned 4.97 % per year.

3 0
3 years ago
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