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GarryVolchara [31]
3 years ago
6

The net income of edwards corporation amounted to $74,000 for this year. the beginning balance ofâ stockholders' equity was $31,

000 and the ending balance was $72,000. the company issued no common stock during the year. what was the amount of dividends distributed during theâ year?
Business
1 answer:
kari74 [83]3 years ago
3 0
We can calculate the dividends issued by adding the beginning inventory and the net income less the ending inventory.Thus,
dividends= net income+beginning inventory-ending inventory
where
net income=$74,000
beginning inventory=$31,000
ending inventory =$72,000
substituting the values, we wil get
dividends=$33,000
Edwards corporation will issue dividends amounting to $33,000.
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Answer:

The correct answer is the option D: Time value of money.

Explanation:

To begin with, due to the fact that Rock Solid Concrete Company does not offer customers a cash discount for early payment then it is quite obvious that their customers will try to wait to pay their bills on the last day because in that way they will be able of having that money availabe for any issues or inconveniences that could occur during those first days, therefore that those customers apparently <u>understand the importance of time value of the money because if the pay early they will lose that cash and would not have it for any urgencies</u>.

7 0
3 years ago
Nathan is a sales rep who, based on last year, averaged $2,200 of monthly commission before taxes. He should include
Ray Of Light [21]

False, Nathan should not include this in his budget.

When budgeting, there are several things that one should include such as:

  • net income
  • debt repayments
  • food
  • utilities
  • insurance
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Notice how one should include their net income not their gross income. Net income is what comes after tax and this is the disposable income that a person has and can spend from.

In conclusion, Nathan should only include his net income and as this commission is before taxes, he should not include it.

<em>Find out more at brainly.com/question/17474938.</em>

7 0
3 years ago
The amount of goods or services that consumers are willing and able to buy is determined by
RoseWind [281]
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I hope this helps!
<em>~cupcake</em>
5 0
2 years ago
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ss7ja [257]

Answer:

. All countries can gain from trade if they all specialize in production according to comparative advantage

Explanation:

Comparative advantage is when a country produces a product at a lower opportunity cost when compared with its trading partners.

Absolute advantage is when a country produces more quantities of goods and services than its trading partners.

A country can still have comparative advantage in production if opportunity cost is increasing once it's opportunity cost doesn't become greater than that of its trading partners.

A country can have comparative advantage without having absolute advantage.

I hope my answer helps you.

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Wher do we choose the communication planning and resource?
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