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
Montano1993 [528]
3 years ago
15

The balance in retained earnings at December 31, 2017 was $1,440,000 and at December 31, 2018 was $1,164,000. Net income for 201

8 was $1,000,000. A stock dividend was declared and distributed which increased common stock $500,000 and paid-in capital $220,000. A cash dividend was declared and paid.
The amount of the cash dividend was

$496,000.
$556,000.
$776,000.
$1,276,000.
Business
1 answer:
Irina18 [472]3 years ago
6 0

Answer:

$556,000

Explanation:

Beginning retained earnings (2017) + net income - stock dividend - cash dividend = Retained earnings (2018)

1,440,000 + 1,000,000 - 720,000 - cash dividend = 1,164,000

Cash dividend = 1720000−1164000

= $556000

You might be interested in
What are the five marketing management functions used to manage the marketing​ process?
Kamila [148]

The answer is<u> "a. ​analysis, planning,​ implementation, organization, and control".</u>


The marketing process comprises of five key steps. The initial step is comprehend the commercial center and client needs and wants.In the last advance of the​ five-advance process, the organization receives the benefits of solid client connections by​ catching an incentive from customers. The marketing process, in which four of them concentrated on making an incentive for clients. One procedure for making an incentive for clients is​ customer-engagement marketing, which encourages immediate and ceaseless client association in forming brand​ discussions, brand​ encounters, and brand network.

4 0
3 years ago
Daniel and Melissa just bought a new house for $200,000. Each quarter, they now have to pay $4,000 in taxes. Which type of tax a
Cerrena [4.2K]
Real estate property
4 0
2 years ago
Read 2 more answers
Beginning three months from now, you want to be able to withdraw $2,800 each quarter from your bank account to cover college exp
mr Goodwill [35]

Answer:

You will need to have $ 55,006.94

Explanation:

We need first to consider the following details according to the problem

We have a Annuity amount of $ 2900, a Rate(r)= 0.51%, and a Time(n)= 5 years (or 20 quarters ) .

To reach to the money that we would need to have in the bank today to meet the expense over the next four years we use the following formula:

PVA= annuity amount × [1 - (1 / (1 + r)n)] / r

PVA= $ 2900 x[ 1-{ 1/(1+0.0051)20)]/0.0051

PVA= $ 55,006.94

4 0
3 years ago
How much should a single person spend on groceries?
victus00 [196]

Answer:

175$-348.80$

Explanation:

sorry if you get the answer wrong .

8 0
2 years ago
Read 2 more answers
DJ and Nicolette paid $1,600 in qualifying expenses for their daughter Nicole to attend the University of Nevada. Nicole is a so
aliina [53]

Answer and Explanation:

As we know that the credit amount should be allowed a qualified deduction of 100% till $2,000 and the next 25% is $2,000

In the given situation, the credit amount would be

= $1,600 × 100%

= $1,600

As the AGI is $175,000 i.e. exceeded the prescribed amount i.e. $160,000 so it would be phased out till $180,000

So, after considering the phase out application limits, the credit is

= $1,600 ×  ($180,000 - $175,000) ÷ ($180,000 - $160,000)

= $400  

So, the total credit is $400 out of which $160 is refundable and the remaining balance i.e. $240 would be non-refundable

7 0
3 years ago
Other questions:
  • There are several bridges along highway 280 which are free to ride on. This bridge was built and is being maintained by the gove
    11·1 answer
  • Pilcher Corp. manufactures tents in its two factories located at two states in Arkadas. It exports its goods to several of its n
    10·1 answer
  • Suppose that nominal gdp is $1,000 in 2009 and $1,500 in 2010. if the overall price level _____ between 2009 and 2010, we could
    13·1 answer
  • What is the fourth part to property rights?
    10·1 answer
  • Increasingly concerned about my minor heartbeat irregularities, I think that my health is being threatened, and more and more of
    14·1 answer
  • Retained earnings, december 31, 2015 $ 313,700 cost of equipment purchased during 2016 32,000 net loss for the year ended decemb
    15·2 answers
  • A fatal accident at the production facility of GA Inc., a mobile manufacturer, has killed 58 factory workers. The company is now
    9·1 answer
  • The economic cost to society of speeding-related crashes is estimated by the nhtsa to be $__________ billion per year.
    10·1 answer
  • Wildhorse, Inc., a resort management company, is refurbishing one of its hotels at a cost of $6,336,382. Management expects that
    12·1 answer
  • Robinson spends all his income on mangos and bananas. Mangos cost $3 per pound. Robinson's marginal utility is 30 for the last p
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!