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2 years ago

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Quartz Instruments had Retained Earnings of $150,000 at December 31, 2018. Net income for 2019 was $95,000, and dividends for 20

19 were $35,000. What amount of Retained Earnings should be reported at December 31, 2019?a. $185,000
b. $210,000
c. $245,000
d. $150,000

1 answer:

Svet_ta [14]2 years ago

8 0

Answer:

The answer is B. $210,000

Explanation:

Retained Earnings is the part of profit that is not spent. It is put back into the business after the dividend must have been paid from profit for the year.

Ending retained earnings = beginning Retained Earnings plus net income minus dividend

Beginning Retained Earnings is $150,000

Net income is $95,000

Dividend is $35,000

Therefore amount of Retained Earnings at December 31, 2019 is

$150,000+$95,000-$35,000

=$210,000

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Pressure with Two Liquids, Hg and Water. An open test tube at 293 K is filled at the bottom with 12.1 cm of Hg, and 5.6 cm of wa

Radda [10]

Answer:

$1170839.28 dyn/cm^2$

16.9816 psia

$117.083928 kN/m^2$

Explanation:

To calculate the absolute pressure in the bottom of tube we need to sum the atmosferic and gauge pressure.

$P_{abs}=P_{atm}+P_G$

And the gauge pressure is given by the contributions of columns of water ( $P_{w}$ ) and mercury( $P_{Hg}$ ), we can calculate the contribution of each column as:

$P= \rho g h$ (*)

where $\rho$ is the respective density, g gravity and h is height.

So we have all the data required to use the above equations ( $P_{atm}$ , height and density of each column) we only need to be carefully with the units.

For simplicity we can to express all pressure contributions in mmHg ( $P_{atm}$ , $P_{w}$ and $P_{Hg}$ ). Note that the units "x" mmHg means the pressure at the bottom of a column of mercury of "x" mm high. For example, in this case we have a column 12.1 cm of Hg, that is a column of 121 mmHg (passing from cm to mm only requires multiply by 10) pressure exerted by that column is 121 mmHg.

Now pressure of 5.6 cm (56 mm) of water would be 56 mm of water, but it is not the same that mmHg, since the density of water is lower, the pressure exerted by 1 mm of water is lower than the exerted by 1 mm of Hg. The conversion between mmHg and mm of water is given by the relation between the densities.

$mmHg=\frac{\rho_w*mmH_2O}{\rho_{Hg}}$

$mmHg=\frac{0.998*mmH_2O}{13.55}=0.0737 mmH_2O$

And pressure of water in mmHg is

$0.0737*56=4.1246 mmHg$

The absolute pressure is:

$P_{abs}=P_{atm}+P_G= 756 + 121 + 4.1246 = 881.1246 mmHg = 88.11246cmHg$

To pass to dyn/cm^2 units we need to use the equation (*)

$P= \rho g h = 13.55 \frac{g}{cm^3} * 980.665 \frac{cm}{s^2} * 88.11246 cmHg = 1170839.28 \frac{g}{cm s^2} = 1170839.28 \frac{dyn}{cm^2}$

Note: We need to use cm Hg for units coherence

Now passing from dyn/ $cm^2$ to kN/ $m^2$ (or kPa) we need to consider that 1 dyn is $10^{-8}$ kN and 1 $cm^2$ is $10^{-4} m^2$ .

$1170839.28 \frac{dyn}{cm^2} * \frac{10^{-8}kN}{1 dyn}*\frac{cm^2}{10^{-4}m^2}=117.083928kN/m^2$

Now passing kN/ $m^2$ to psia. We need to consider that 1 psia is 6.89476.

$117.083928kN/m^2*\frac{1psia}{6.89476kN/m^2}=16.9816 psia$

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2 years ago

The Holiday Corporation had sales of $450 million this year. Its accounts receivable balance averaged $30 million. How long, on

Zina [86]

Answer:

24.3 days

Explanation:

Calculation for How long, on average, does it take the firm to collect on its sales

Using this formula

Average collection period = (Accounts receivable / Credit sales) * 365 days

Let plug in the formula

Average collection period =$30 million/$450 million *365 days

Average collection period =24.3 days

Therefore How long, on average, does it take the firm to collect on its sales is 24.3 days

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If a new home can be constructed for $150,000, what is the opportunity cost of federal defense spending, measured in terms of pr

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Answer:

4 million houses

Explanation:

Opportunity cost is the forfeited benefit as a result of choosing one option over others. Its value equals the cost of the next best alternative.

The cost of constructing a new home is $150,000. If the Federal Defence has a budget of $600 billion, the opportunity cost of spending that amount will be the equivalent number of units that can be built by the amount.

To calculate the number of units= $600 billion divided by $150,000

= $600,000,000,000/ $150,000

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=4 million units

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UPS is successful in the small package delivery market. One important reason for this success is the concept of: a. non-bureaucr

anzhelika [568]

Answer:

bureaucracy

Explanation:

According to my research on business strategies, I can say that based on the information provided within the question UPS is successful because of bureaucracy. This is a system of administration that has a clear hierarchy of authority, rigid labor, and inflexible rules and regulations, which allowed UPS to cement itself as one of the most successful delivery companies in the World.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

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3 years ago

When the seller requires that only certain dealers carry its products and also that these dealers not handle competitors' produc

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Answer:

exclusive dealing

Explanation:

Exclusive dealing -

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In this scenario no other dealer can not handle the product in any case.

Hence , from the scenario of the question,

The correct option is exclusive dealing .

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3 years ago