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grigory [225]
3 years ago
12

The baldwin company has just issued $7,235,640 in dividends last year. the effect of this payment on the balance sheet is

Business
1 answer:
nirvana33 [79]3 years ago
8 0
<span>The effect is a decrease of $7235,640 in the company's retained earnings and cash balance, resulting in a decrease in assets and equity. Before the dividend is actually paid out, the balance sheet will show a debit to its retained earning account of $7,235,640 and a credit to the dividends payable account of $7235,640. After the dividends are paid, the dividend payable account is credited and the dividends payable account is debited in the same amount, and these accounts are no longer shown on the balance sheet.</span>
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Sunny_sXe [5.5K]

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Why would you need an EPLS and where do you find one?
tangare [24]

Answer:

a EPLS is an electronic directory of individuals and organizations that are not permitted to receive federal contracts or assistance from the United states government.

Explanation:

you would need one for anything

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3 years ago
The Campbell Company is considering adding a robotic paint sprayer to its production line. The sprayer's base price is $1,090,00
saveliy_v [14]

Answer:

a) -$1,129,000

b) net operating cash flows:

year 1 = $412,239

year 2 = $448,152

year 3 = $350,428

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after tax salvage value = $464,831

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e) the machine should be purchased

Explanation:

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depreciation per year:

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year 2 = 44.45% x $1,112,500 = $490,506

year 3 = 14.81%% x $1,112,500 = $164,761, carrying value after depreciation = $86,437

if sold at $627,000 at the end of year 3, the after tax net cash flow = $627,000 - [($627,000 - $86,437) x 30%] = $464,831

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cash flow year 2 = [($430,000 - $490,506) x (1 - 30%)] + $490,506 = $448,152

operating cash flow year 3 = [($430,000 - $164,761) x (1 - 30%)] + $164,761 = $350,428

total cash flow year 3 = [($430,000 - $164,761) x (1 - 30%)] + $164,761 + $16,500 +  $464,831 = $831,759

NPV = $179,733

7 0
3 years ago
Walter is the manager of sales operations at Woode Industries. He has to define the sales goals for the forthcoming financial ye
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goals must be challenging, requiring hard work

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3 years ago
The Balance Sheet reports assets, liabilities, and stockholders' equity at a specific date. A : True B : False
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Answer:

A. True

Explanation:

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