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
mel-nik [20]
3 years ago
6

On jan 1, 2013, a company balance in retained earnings was $10,000,000. at dec 31, 2013 the balance in retained earnings was $9,

400,000. if the company earned net income of $444,000 during the year, how much were dividends
Business
1 answer:
Vsevolod [243]3 years ago
5 0
The dividends amounted to $1,044,000.
You might be interested in
Park co. shipped inventory on consignment to recreations co. that cost $50,000. recreations paid $1,200 for advertising that was
antiseptic1488 [7]

The answer to this question is 30/100*$50,000 = $15,000 remains on the balance sheet at the end of the year.

The $ 1200 paid for advertisement is not included in the cost of inventory.

<span>Cost of inventory=cost of inventory+ any other cost needed to get inventory in place of sale.</span>

6 0
3 years ago
People are demanding more apartments than sellers are willing to offer. This means that there is a _____ of apartments. surplus
den301095 [7]
People are demanding more apartments than sellers are willing to offer. This means that there is a shortage of apartments.
4 0
3 years ago
Read 2 more answers
Hilliard Pharmaceuticals and Ahrens Vitamins, Inc., have high market commonality, both geographically and in the market segments
Mama L [17]

Answer: C. Ahrens will respond aggressively because of the high multimarket contact between Hilliard and Ahrens.

Explanation:

Ahrens will respond aggressively because of the high multimarket contact between Hilliard and Ahrens.

Ahrens Vitamins and Hilliard Pharmaceuticals have high Market commonality. They operate in the same geographical area and their target market is the same, meaning an increase in Profits for Hilliard Pharmaceuticals is a decrease in profits for Ahrens Vitamins, an attack from Hilliard will ave severe consequences for Ahrens Pharmaceuticals as they compete for the same target market.

Ahrens Vitamins will have to respond aggressively to attacks from Hilliard Pharmaceuticals in order to maintain their position in the market  

6 0
3 years ago
Mountaineers Inc. sells its rock-climbing shoes worldwide. Mountaineers Inc. expects to sell 4,000 pairs of shoes for $165.00 ea
bogdanovich [222]

Answer:

expected sales January, 4,000 pairs of shoes at $165 each = $660,000

expected sales February, 2,000 pairs of shoes at $220 = $440,000

expected COGS = 75% of expected revenue

expected sales March, 4,600 pairs of shoes at $240 = $1,104,000

ending inventory = $18,000 plus 45% of next month's COGS

<h2>                   <u>Sales budget</u>   </h2>

Month                       January              February             March

Units                           4000                  2000                  4600

Price                           $165                   $220                  $240

Total sales               $660,000         $440,000         $1,104,000

                   

<h2><u>Inventory, Purchases and COGS Budget</u></h2>

                                                       January        February      March

cost of goods sold                        $495,000    $330,000     $828,000

<u>+ desired ending inventory           $166,500    $390,600           ?        </u>

Total merchandise required         $661,500     $720,600           ?

<u>- beginning inventory                   ($315,000)   ($346,500)   ($374,100)</u>

budgeted purchases                    $346,500     $374,100            ?

8 0
3 years ago
Joslyn completed the lease term on her car and decided to turn the car in instead of purchasing it. upon inspection, the dealers
Fed [463]
Its the Lease Penalty
6 0
2 years ago
Read 2 more answers
Other questions:
  • Before your first day of work, it is a good idea to _____.
    9·1 answer
  • If the mpc is 0.70 and investment increases by $3 billion, the equilibrium gdp will
    6·1 answer
  • What would happen to the buying power of your investment after one year if your rate of return was 8% and the rate of inflation
    13·1 answer
  • Sam was injured in an accident, and the insurance company has offered him the choice of $25,000 per year for 15 years, with the
    5·1 answer
  • Which of the following financial statements must special-purpose governments include in their financial statements if the specia
    5·1 answer
  • During their first year, Austin and Associates bought $32,000 worth of supplies for their CPA firm. When purchased, the supplies
    12·1 answer
  • Can investing in your education or training make you even more likely to obtain and keep a job
    8·1 answer
  • How to get a series 7 license
    7·1 answer
  • What features should you present when demonstrating 2023 murano’s confident cornering?.
    10·1 answer
  • Nipigon manufacturing has a cost of debt of 9 %, a cost of equity of 11%, and a cost of preferred stock of 10%. nipigon currentl
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!