Solution:
The cash dividend is cash or assets generally paid into the current income of the company to the shareholders. All dividends are to be declared by the executive board and whether the payment for the dividend should remain identical.
Ending Retained Earnings= Beginning Retained Earnings + Net Income - Dividends
( Beginning and Ending Retained Earnings are given in question )
$688,000 = $582,000 + $175,000 - Dividends
$688,000 = $757,000 - Dividends
Dividends = $757,000 - $688,000
Dividends = $69,000
Answer:
c The economy is slowing down and headed towards recession
Explanation:
The global rating agency downgraded many home builders including Hovnanian and cited problems in the mortgage market. The financial crisis of 2008/9 was triggered by slump in mortgage market. The sales result of Hovnanian indicates decline in home sales. There seems to be a liquidity squeeze as banks stopped new lending for mortgages.
<h3>
Answer:</h3>
C. The government
<h3>
Explanation:</h3>
Vocabulary
First, it is important to define the key terms in the question and answers.
- Planned Economy- A planned economy is an economy where the investments and capital are allocated by the government.
- Commodities - Commodities are economic goods that have real value due to their real-life usefulness (like lumber) or rarity (like gold).
How Planned Economies Work
As its name suggests, a planned economy plans the economy out and the price of goods within the markets. These plans are created by the government. This means that private businesses, consumers, and supply/demand do not control prices. Only the government can do that because the government has full control of planned economies. This is the reason that planned economies are also called command economies because the economy is commanded by the government.
Answer:
C. Actual investment will equal planned investment only when there is no unplanned change in inventories
Explanation:
Planned investment is the total number of investment a firm intend to undertake during a given period of time usually a fiscal year while actual investment is the total number of investment the firm undertakes during the same lifespan of it's planned investment.
We can always have the both of them to be equal if there is no unplanned change in inventories.