Answer:
$284,000
Explanation:
Movements in the retained earnings account are as a result of the payment of dividend and the addition of the income or loss for the year.
Given that
Baxter generated revenues = $40,000
incurred expenses = $24,000
purchased equipment = $10,000 and
paid dividends = $4,000
Net income/(loss) = $40,000 - $24,000
= $16,000
Retained Earnings at September 30, 2012
= $272,000 + $16,000 - $4,000
= $284,000
school or expirence and the knowledge to do it and th ejob right
Answer:
80 units
Explanation:
Given:
- Price: $25 we have: 100 units
- Price: $20, how many units to maximize the total utility
Let X is the number of units we need to find
As we know that, the law of equal-marginal utility a consumer spends his or her income among goods so that utilities receive from the amount spent is equal. So we use a simple rule of three:
$25 100 units of utility
$20 X
<=> 25X = 20*100
<=> X = 80 units
Hope it will find you well.
If a nation's currency drops in value significantly, the International Monetary Fund could step in and buy the currency so that some stability could occur economically
Answer:
22.92%
Explanation:
For computing the realized total rate of return, first we have to determine the total share price which is shown below:
Total share price = Sale price of share + dividend end of 2013 + dividend end of 2014 + dividend end of 2015
= $20 + $2.5 + $4 + $3
= $29.50
And, the purchase price is $24
So, the return would be
= Total share price - purchase price
= $29.50 - $24
= $5.50
Now the realized total rate of return would be
= Return ÷ Purchase price
= $5.50 ÷ $24
= 22.92%
This is the answer but the same is not provided in the given options
