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docker41 [41]
4 years ago
13

Nina Corp. had the following net income (loss) for the first three years of operations, respectively: $7,100, ($1,600), and $3,6

00. If the Retained Earnings balance at the end of year three is $1,100, what was the total amount of dividends paid over these three years?
Business
1 answer:
Oliga [24]4 years ago
6 0

Answer:

$ 8.000 is the amount paid in dividends during these three years.

Explanation:

The total sum of Net Income operation during these three years was $9.100, the money that is not keep in retained earnings it's distributed in dividends.

To end the year with a retained earnings of $1.100, the company have been to paid in dividends $8.000.

Please see details below:

Net Incomes: $7.100 + ($1.600) + $3.600 = $ 9.100

Retained Earnings at end of the period  = $ 1.100

Dividends piad by the company = $ 8.000  

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The Wilson Company purchased $32,000 of merchandise from the Poole Wholesale Company. Wilson also paid $2,500 for freight costs
ArbitrLikvidat [17]

Answer:

Total debits to the inventory account would be $34,500

Explanation:

Since the company uses the  perpetual inventory system. They are aware of the cost of each merchandise.  Also freight costs are included in the inventory cost since this cost are needed in order to get the inventory.

3 0
3 years ago
Rose is starting to notice some wrinkles around her eyes and mouth. she has decided to purchase some age-defying wrinkle cream b
Vinil7 [7]
<span>This does not imply brand loyalty at this point. So far it only proves advertisement effectiveness. If Rose likes the product and continues to purchase it despite others being on the market, then it will be brand loyalty.</span>
5 0
3 years ago
A buyer has a 30 year, $750,000 loan with a 5. 75% interest rate. How much is the first monthly payment?
Harrizon [31]
Answer: $3,593.75
Explanation: Multiply the principal balance by the interest rate: $750,000 x . 0575 = $43,125;. Then find the monthly rate by dividing $43,125 by 12 to get $3,593.75.
3 0
2 years ago
he following information is available for Buhler Company: Annual Data 2013 2012 Net sales $8,700,000 $8,100,000 Gross profit on
dybincka [34]

Answer:

35.09%

Explanation:

Data provided as per the question

Gross profit on sales = $3,053,000

Sales = $8,700,000

The computation of gross profit in percentage is as shown below:-

= Gross profit on sales ÷ Sales

= $3,053,000 ÷ $8,700,000

= 35.09%

Therefore, for computing the gross profit in percentage we simply divide the gross profit with sales.

3 0
3 years ago
Which of the following results in positive benefits to individuals, the group, or the organization? a. Functional conflict b. Em
Mumz [18]

Intergroup conflict always results in positive benefits to individuals the group or the organization.

Explanation:

The social change, decision making, reconciliation, group unity and co operation are some of the positive effects of conflicts in an organization.

The advantages of conflicts are they create awareness for the existing problems. Then by discussing the conflicting views can provide better solutions and managing conflict is quicker and more efficient.

Intergroup conflict in an organization helps the people to come out with their own ideas with creative thinking.

An example for this conflicts are the problems between management and employee and between accounting and operations team, and between UI developers and backend team.

To resolve the problems in intergroup conflict people should openly discuss about the impact that the conflict has on productivity.

6 0
3 years ago
Read 2 more answers
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