Answer:
Decker Enterprises
Based on the projections, Decker will have:___________:
b.) a financing surplus of $36
Explanation:
a) Data and Calculations:
Income Statement Current Projected
Sales na 1,500
Costs na 1,050
Profit before tax na 450
Taxes na 135
Net income na 315
Dividends na 95
Balance sheets Current Projected Current Projected
Current assets 100 115 Current liabilities 70 81
Net fixed assets 1,200 1,440 Long-term debt 300 360
Common stock 500 500
Retained earnings 430 650
Total 1,300 1,555 Total 1,300 1,591
b) Financing surplus 36
c) Decker Enterprises does not need additional financing, but has excess financing because the Liabilities and Equity are greater than the assets.
Given:
<span>$500,000 beg. balance in retained earnings.
</span>$200,000 <span>net income for the year
</span>$1,000,000 <span>sales revenue
</span>$100,000 <span>dividends declared and paid by year-end
Retained earning is the amount left from net income after dividends have been paid. In the given data, sales revenue is not included in the Retained earnings report. It is reflected in the Income statement which generates the Net income.
Retained Earnings, beg. balance 500,000
Add: Net Income for the year <u> 200,000</u>
Total 700,000
Less: Dividends declared and paid this year <u> (100,000)</u>
Retained Earnings, end balance 600,000
</span>
In the given case the human resource manager will be considered frictionally unemployed. Thus the correct answer is B.
<h3>What is unemployment?</h3>
Unemployment is the situation in which an individual is unable to find any job or occupation to meet the financial needs of life after having all the required talents and qualifications.
Frictionally unemployment is a situation when an individual is relocating to another job from one job. In the given situation the manager is not terminated.
The human resource manager resigned from the job due to obligations from family. This shows that she has the skills and talents to pursue and join another job. The period in which she is searching for a job is considered frictional unemployment.
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Harmony is defined as the simultaneous combination of notes<span>, which results in ensuing relationships </span><span>of </span>intervals<span> and chords. Harmony usually produces a pleasing sound to the ears, because of the combination of simultaneously sounded musical notes. With the good relationship of intervals and chords, a musician can simply produce a harmonic sound.</span>
Yes, as the unemployment compensation scheme only provides the unemployed with enough money to meet their basic necessities.
Payments provided to unemployed persons by authorised authorities are known as unemployment benefits, sometimes known as unemployment insurance, unemployment payment, unemployment compensation. Benefits are paid for in the US through a mandatory government insurance programme, not through individual citizen taxes. Those amounts may be little, merely covering the most basic requirements, or they could make up for the lost time proportionate to the prior earned wage, depending on the jurisdiction and the individual.
Only individuals who register as becoming unemployed due to no fault of their own are often eligible for unemployment benefits, and frequently only on the condition that they actively seek employment.
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