Answer:
C. $737,500
Explanation:
The formula to compute the ending balance of retained earning is shown below:
The ending balance of retained earning = Beginning balance of retained earnings + net income - dividend paid
= $659,000 + $220,000 - $141,500
= $737,500
The net income is calculated below:
= Sales revenues - expenses
$600,000 - $380,000
= $220,000
Answer:
$1400
Explanation:
Net working capital is obtained by subtracting total current liabilities from total current assets. Current assets and liabilities are expected to be used or paid within one year.
Change in net working capital would be the change in current assets - change in current liabilities.
last year current assets $67,200 : current liabilities $71,100
This year current assets $82,600 : current liabilities $85,100
change Net operating capital = {$82,600- 67,200} - {85,100 - 71,100}
=$15,400 -14,000= -$1400
Change in networking capital = $1400
Choosing a location for a new business is one of the most important decisions entrepreneurs make during the planning phase of launching ventures. The location of a business can affect many aspects of how it operates, such as total sales and how costly it is to run.
In business, people often make choices. Opportunity Cost is the value of what must be foregone in order to undertake an activity.
<h3>
What is opportunity cost?</h3>
- The economists often refer to this type of cost as the amount or the value of the next highly rated alternative use of one's money or resource.
An example is when a person spend their time and money going to a shop, one cannot spend that time at cooking, and you even did not spend the money on other things.
Learn more about Opportunity Cost from
brainly.com/question/1549591
Answer:
b. Dividends and a credit to Dividends Payable for $824,000
Explanation:
Dividends payable = 2,060,000 shares * $0.40 per share = $824,000
Journal entry on February 16
Dividends $824,000
Dividends payable $824,000
