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Sphinxa [80]
2 years ago
5

Mill Co.'s trial balance included the following account balances at December 31, Year 6:

Business
1 answer:
o-na [289]2 years ago
4 0

Answer:

D) $45,000

Explanation:

The computation of the amount which is included in the current liability section is shown below:

= Account payable balance + bonds payable -  discount on bonds payable + dividend payable

= $15,000 + $25,000 -  $3,000 + $8,000

= $45,000

The current liability is that liability which is arise for one year. Since, the notes payable is a long term liabilities so we do not consider in the computation part.

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Khadimally, Incorporated, expects sales of $763,500 next year. The net profit margin is 5.3 percent and the firm has a dividend
Nutka1998 [239]

Based on the expected sales, net profit margin, and dividend payout ratio, the projected increase in retained earnings for Khadimally Inc, is $33,181.71.

<h3>What is the projected increase in retained earnings?</h3>

First find the expected profit:

= Sales x Net profit margin

= 763,500 x 5.3%

= $40,465.50

The projected increase is:

= 40,465.50 x (1 - 18%)

= $33,181.71

Find out more on retained earnings at brainly.com/question/25998979.

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2 years ago
In double-entry bookkeeping, what is an account?
vredina [299]
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2 years ago
What is the idea behind “cutting taxes” (lowering taxes). select one:
earnstyle [38]
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8 0
3 years ago
When hale appears at the proctors' door in act ii of the crucible, he is described as "different now—drawn a little, and there i
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3 years ago
Breyer's introduced for sale a new line of ice cream flavors in elegant black containers. This was done on a limited scale to de
Archy [21]

Answer: market testing      

                                     

Explanation: In simple words, market testing refers to the process in which a product is tested in real situation with actual potential customers before introducing it to the market. Market testing is usually done for the purpose of detecting problem so that appropriate changes could be made in the product.

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Hence that were at market testing stage

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