Two basic requirements to support the declaration of a cash dividend are:-
1) Retained earning accounts should have a positive balance greater than dividends, as dividend can be issued only from free reserves.
2) the cash account has a balance greater than the amount of dividend declared, as we have to pay cash for dividend in the near future
Cash dividends affect cash and equity on the balance sheet. Retained earnings and cash are deducted by the sum of dividends. Equity dividends do not affect a company's liquidity, only the equities section of the balance sheet.
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Answer: <em>$1,160,000</em>
Explanation:
Given:
Retained earnings (beginning) = $1 million
Dividend paid = $100,000
Net income = $250,000
Goodwill increased by = $10,000
Therefore, we'll compute Retained earnings (end of the year) as:
Retained earnings (end of the year) = Retained earnings (beginning) + Net income + Increase in Goodwill - Dividend paid
Retained earnings (end of the year) = $1,000,000 + $250,000 + $10,000 - $100,000
Retained earnings (end of the year) = $1,160,000
An efficiency-based multicriteria strategic planning model
can solve personnel shortages in the Ambulatory Surgery Centers. The plan will
focus on perfectly matching the resources to the increased demand to adequately
and effectively respond to the need.
You will need to research on the most cases that the
Ambulatory Surgery Center requires manpower. The goal will be to identify which
cases require similar care so that a healthcare personnel can strategically and synchronously cater to more
patients with similar healthcare needs requiring less time and effort to
complete tasks. A research identifying which cases need constant, extended or periodic care will also be needed to determine the average number of personnel is needed.
A successful plan will reflect an adequate healthcare team able to efficiently respond to the responsibilities in the Ambulatory Surgery Center.
Answer:
The correct answer would be $5
Explanation:
The formula to use is "Expected return to player" which is
E(x) = x.p(x)
where x is the return to player if they win
and p(x) is the probability of winning.
So here,
x = $100 (return to player for winning)
p(x) = 1/50 (probability of winning)
Therefore expected return to player is
E(x) = x.p(x)
= $100 x 1/50
= $100/50
= $2
Cost: $7
Expected return to player is $2.
Therefore Loss (to player) is Cost minus Expected return
= $7 - $2 = $5 <---- expected value for the carnival to gain,
The loss to the player is the carnival's gain. It's $5.
The accrual basis of accounting states that “expenses are matched with related revenues and are reported when the expense is incurred, not when cash changes hand”. Therefore, adjusting entries are required because of the matching principle in accounting.
