1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
GREYUIT [131]
4 years ago
8

uction Services started the year with total assets of and total liabilities of . The revenues and the expenses for the year amou

nted to and ​, respectively. During the​ year, the company did not issue any common​ stock, but it distributed dividends of . Calculate​ Dynamic's net income for the year.
Business
1 answer:
VARVARA [1.3K]4 years ago
8 0

Answer: $20,000

Explanation:

Net Income is the amount from revenue that the company made over expenses. It is therefore;

= Revenue - Expenses

= 110,000 - 90,000

= $20,000

<em>Note: Dividends are not considered in the calculation of Net Income as they are not expenses. </em>

You might be interested in
research information about pmp® and capm® certifications. find at least two articles on this topic. what are benefits of certifi
NemiM [27]

A degree from a CAHIIM-accredited institution is reportedly one of the eligibility requirements for PMP® and Capm® certifications for RHIA and RHIT.

Requirements for recertification checklists

obtaining the required number of CEUs for each credential during the recertification term, not less than 80% of which must be connected to one of the AHIMA-specified HIIM domains.

completing, if appropriate, your yearly coding self-assessments (self-reviews).

taking part in approved and accredited CEU activities.

maintaining a timely CEU log.

recording your CEU activities for auditing.

paying a price for recertification.

(RHIA®) - Registered Health Information Technician - Registered Health Information Administrator (RHIT®)

For further information on AHIMA Click here to view the question at brainly.com/14425736

#SPJ4

4 0
2 years ago
A rule promulgated by the Environmental Protection Agency (EPA) limits the amount of carbon that can be emitted from a car's exh
AleksAgata [21]

Answer:

The answer is: B) ​the EPA's decision takes precedence.

Explanation:

The Supremacy Clause (Article VI, Clause II of the Constitution of the United States of America) states:

"This Constitution, and the Laws of the United States which shall be made in Pursuance thereof; and all Treaties made, or which shall be made, under the Authority of the United States, shall be the supreme Law of the Land; and the Judges in every State shall be bound thereby, any Thing in the Constitution or Laws of any State to the Contrary notwithstanding."

This means that the federal government and its laws, treaties and rules have precedence over state or local laws.

4 0
3 years ago
Anybody can help with this too ??
mr Goodwill [35]

Answer:

1. The three types of business mentioned are – Manufacturing, Retail store and School

2. She means that whenever there  is loss both Ashley’s father and aunt get tensed.  

3. They sell their product on sale to increase the revenue

4. Sale is better than having no sale at all as it caters the immediate financial requirement without ant further invetsment

Explanation:

1. The three types of business mentioned are – Manufacturing, Retail store and School

2. She means that whenever there  is loss both Ashley’s father and aunt get tensed.  

3. They sell their product on sale to increase the revenue

4. Sale is better than having no sale at all as it caters the immediate financial requirement without ant further invetsment

3 0
3 years ago
In 2018, it was discovered that Jenson Technologies had debited an expense account for the $400,000 cost a computer purchased on
satela [25.4K]

Answer:

Explanation:

journal entry will Jenson use to correct the error

Date       Account Titles And Explanation          Debit           Credit

                                     Computer                                $400,000  

              Accumulated depreciation ($100,000 × 2 years)     $200,000

       Retained earnings ($400,000 - $200,000)                       $200,000

Annual depreciation = (Cost - Salvage Value) / 4

                               = ($400,000 - 0) / 4

                               = $100,000

6 0
3 years ago
Which of the following statements is true? Increasing dividends will always increase the stock price. Increasing dividends will
tiny-mole [99]

Answer:

Increasing dividends may not always increase the stock price, because less earnings may be invested back into the firm and that impedes growth.

Explanation:

if increasing dividends results in the company not having enough funds for reinvestment, then value of the company may go down, since value of a stock is the present value of all expected cash-flows from holding the stock. But, if the company is paying dividend from free cash flows, then the payment of the dividend will not negatively affect the value of the stock.

In summary, paying a dividend will not always increase the stock price, and will not always decrease the stock price.

5 0
4 years ago
Read 2 more answers
Other questions:
  • The sales for​ October, November and December are​ $20,000, $22,000 and​ $28,000, respectively. For any particular month of​ sal
    14·1 answer
  • Sosa Company reported net income of $190,000 for 2017. Sosa Company also reported depreciation expense of $35,000 and a loss of
    7·1 answer
  • An auto repair technician who specializes in the installation, troubleshooting, and repair of heating and air conditioning syste
    13·2 answers
  • Cortez Company sells chairs that are used at computer stations. Its beginning inventory of chairs was 100 units at $60 per unit.
    5·2 answers
  • One of the most serious negative results of the increased use of databases by companies has been
    9·1 answer
  • Suppose that a country bandcountry band called Only HereOnly Here has released its first CD with WantedWanted Records at an inte
    9·1 answer
  • An employee of JHT Holdings, Inc., a trucking company, was responsible for resolving roadway accident claims under $25,000. The
    5·1 answer
  • When it comes to the field of marketing, which of these activities is associated with logo design?
    8·1 answer
  • Give away points and i will also rank you as a brainliest if your first to answer​
    7·2 answers
  • Capitation creates an incentive for the provider to render as many services as possible since revenues have already been collect
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!