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
Goshia [24]
3 years ago
12

What is the maximum cash dividend Jones can pay on December 31, year 2?

Business
1 answer:
gladu [14]3 years ago
3 0

Answer 5,000 is the maximum dividend that can be paid to shareholders.

Explanation:

You might be interested in
Piercy, LLC, has identified the following two mutually exclusive projects: Year Cash Flow (A) Cash Flow (B) 0 −$ 68,000 −$ 68,00
den301095 [7]

Answer:

IRR for A= 35.33%

IRR for B = 31.88%

Explanation:

Internal rate of return is the discount rate that equates the after tax cash flows from an investment to the amount invested

IRR can be calculated using a finacial calculator :

IRR for cash flow A

Cash flow in year 0 = −$ 68,000

Cash flow in year 1 = $44,000

Cash flow in year 2 = $38,000

Cash flow in year 3 = $25,000

Cash flow in year 4 = $15,600

IRR = 35.33%

IRR for cash flow A

Cash flow in year 0 = −$ 68,000

Cash flow in year 1 = $30,200

Cash flow in year 2 =  34,200

Cash flow in year 3 = $40,000

Cash flow in year 4 = $24,200

IRR = 31.88%

To find the IRR using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. After inputting all the cash flows, press the IRR button and then press the compute button

7 0
3 years ago
Bachelor’s degrees are typically earned in _____. a. 1-2 years b. 2-3 years c. 3-4 years d. 4-5 years Please select the best ans
spin [16.1K]
It' typically takes around four years to earn a Bachelor's degree. so i would say either C or D but since it says the BEST answer i would choose D

6 0
3 years ago
Read 2 more answers
What steps should e taken if the results do not support the hypothesis?
lys-0071 [83]
More information please
6 0
3 years ago
Flounder Company had the following stockholders’ equity as of January 1, 2020. Common stock, $5 par value, 20,700 shares issued
MAVERICK [17]

Answer and Explanation:

Date        Account Title and Explanation                            Debit          Credit

Feb 1     Treasury Stock (2000*$19)                                     $38,000

             Cash (2000*$19)                                                                       $38,000

              (Repurchased 2,000 treasury stock @ $19 per)

Mar 1     Cash (870*$17)                                                          $14,790

             Retained Earning {870*($19-$17)}                              $1,740

             Treasury Stock(870*$19)                                                           $16,530

             (Reissued 870 out of 2000 treasury stock @ $17 per)

Mar 18   Cash (530*$13)                                                           $6,890

              Retained Earning {530*($19-$13)}                             $3,180

              Treasury Stock(530*$19)                                                         $10,070

              (Reissued 530 out of 2000 treasury stock @ $13 per)

Apr 22  Cash (510*$21)                                                              $10,710

             Treasury Stock(510*$19)                                                            $9,690

             Paid in Capital from Treasury Stock{510*($21-$19)}                 $1,020

             (Reissued 510 out of 2000 treasury stock @ $17 per)  

 

NOTE : loss of sale should be charges from Retained Earning.

7 0
3 years ago
Hermansen Corporation produces large commercial doors for warehouses and other facilities. In the most recent month, the company
timurjin [86]

Answer:

Variable overhead efficiency variance =  $2,212unfavorable

Explanation:

variable overhead efficiency variance: Variable overhead efficiency variance aims to determine whether or not their exist savings or extra cost incurred on variable overhead as a result of workers being faster or slower that expected.

Since the variable overhead is charged using labour hours, any amount by which the actual labour hours differ from the standard allowable hours would result in a variance  

                                                                                       Hours

5,400 units should have taken (5,400×3.8 hours)   20,520

but did take                                                                <u> 20,800</u>

Labour hours variance                                                280 unfavorable

Standard variable overhead rate                         ×     <u>$ 7.90</u> per hour

Variable overhead efficiency variance                     $2,212  unfavorable

Variable overhead efficiency variance =  $2,212unfavorable

8 0
3 years ago
Other questions:
  • Total interest paid on a 30-year straight note was $230,000 during the term of the loan. The annual interest rate was 6.6%. What
    5·1 answer
  • Bank capital has both benefits and costs for the bank owners. Higher bank capital ________ the likelihood of bankruptcy, but hig
    11·1 answer
  • The financial model that measures the current value of all cash inflows and outflows using management's minimum desired rate of
    9·1 answer
  • What are the signs that a chemical reaction has taken place?
    10·1 answer
  • Chelsea's house is for sale, and she is selling it through a real estate agent. The house is listed, and any licensed agent may
    10·1 answer
  • The Elle Corporation manufactures fingernail polish. Suzy buys a container of Elle's fingernail polish, applies it to her nails,
    9·1 answer
  • If a 20 percent increase in the price of Red Bull energy drinks results in a decrease in quantity demanded of 25 percent, we say
    10·1 answer
  • Assume you just purchased 100 shares of Apple stocks at $300. You are worrying that the competition from other tablet PC and sma
    11·1 answer
  • On June 5, Staley Electronics purchases 120 units of inventory on account for $15 each, with terms 1/10, n/30. Staley pays for t
    12·1 answer
  • PLEASE HELP
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!