Answer: $22000
Explanation:
The amount of Superior's dividend declarations during its recent year of operation will be calculated thus:
Ending retained earnings ($91000) = Beginning retained earnings ($75000) + Net income ($38000) - Dividend declared
$91000 = $113000 - Dividend declared
Dividend declared = $113000 - $91000
Dividend declared = $22000
Therefore, Superior's dividend declarations during its recent year of operation is $22000
 
        
             
        
        
        
Answer
A detailed statement of receipts and expenditure for a period of time in the future is called a Budget
Explanation
An estimate of revenue and expenses over a particular future period of time is referred as the budget. A budget can be made for a family, for an individual or a business entity. In companies, budget is utilized as an internal tool of management.
 
        
             
        
        
        
Answer:
$1,034.88
Explanation:
Aden  total pay will be
regular hours worked x regular pay
=40 hrs x $15.68
=$627.2
Overtime hours
Saturday rate :$15.68 x 1.5 =$23.52
Hours worked on Saturday= 8 hrs
Saturday pay = $15.68 x 8
=$188.16
Sunday rate :  $15.68 x 2= $31.36
Hours worked on Sunday = 7
Sunday pay = $31.36 x 7
=$219.
Total pay  =$627.2 + $188.16 +$219.52 
=$1,034.88
 
        
             
        
        
        
Answer:
the allocation rate is $3 per machine hour
Explanation:
<em>Step 1 Find the to total Machine hours</em>
Total Machine Hours
3.0×15,000   =   45,000
5.0×20,000  = 100,000
Total              = 145,000
<em>Step 2 Determine the Overhead allocation rate</em>
Overhead allocation rate = Budgeted Overheads / Total Machine Hours
                                           = $435,000/145,000
                                           =$3 per machine hour
 
        
                    
             
        
        
        
price per share of the company's stock is $53.28
Explanation:
Under dividend growth model a stock is overvalued or undervalued assuming that the firm’s expected dividends grow at a value g forever, which is subtracted from the required rate of return or k.
Therefore, the stable dividend growth model formula calculates the fair value of the stock as P =D1 / ( k – g ). 
P= price per share 
D1 = current dividend 
k = required return
g = growth rate
P= $3.41 ÷ (11 %  - 4.6% ) =( 3.41 ÷ 0.064 )=  $53.28
