Answer:
$46,525
Explanation:
Formula for ending retained earnings is as follows;
<em>Ending retained earnings = Beginning retained earnings + Net income - cash dividend</em>
Beg. RE = 44,800
Net income = 7,800
Cash dividends = 6,075
Plug in the values to the above formula;
Ending retained earnings = 44,800 + 7,800 - 6.075
Ending RE balance would be = $46,525
This is an example of a company’s: <u>objective</u>.
<u>Explanation</u>:
Objective is an aim to achieve something. Objectives explains what are to be done.
A company's objectives describe the goals that are to be achieved by the organization. The strategies will also be defined to achieve the goal. The resources, material and finance to achieve our goal are also defined to reach the objective. The company defines its objective to increase their success rate.
In the above scenario, Skullcandy decides to launch its new product- a wireless headset. The company decides to increase its market share by releasing the new product. This shows the objectives of the company.
Answer:
movement along the demand curve : An increase in the price of donuts
shift of the demand curve : A change in tastes of consumers that makes them desire more donuts
An increase in the number of consumers
Explanation:
only a change in the price of a good would lead to movement along the demand curve for that good. other factors lead to a shift of the demand curve.
an increase in the price of donuts would lead to a reducing in the quantity demanded of donuts. it would lead to a downward movement along the demand curve.
A change in tastes of consumers that makes them desire more donuts and An increase in the number of consumer would lead to an outward shift of the demand curve
The saving-borrowing-investing cycle starts with the person borrowing funds to start a business. This is their seed capital to purchase and invest in the future. Then if the business grows, they'll be able to bring back the borrowed funds. The cycle continues. I hope this answer helped you.
Answer:
company must borrow = $66,000
Explanation:
given data
beginning cash balance = $40000
expects cash disbursements = $300000
cash receipts = $240000
ending cash balance = $42000
to find out
company must borrow
solution
first we get here Ending Balance that will be as
Ending Balance = beginning cash balance + cash receipts - expects cash disbursements ..................1
put here value we get
Ending Balance = $40000 + $240000 - $300000
Ending Balance = -$24000
so company must borrow = $42,000 + $24,000
company must borrow = $66,000
