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HACTEHA [7]
3 years ago
10

During the year, Cathy received the following:_______.

Business
1 answer:
Inessa05 [86]3 years ago
4 0

Answer: During the year, Cathy received the following: A) $30,000

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ABC had the following net income (loss) the first three years of operation: $7,100, ($1,600), and $3,600. If the Retained Earnin
Alex73 [517]

Answer:

The total amount of dividends paid over these three years: $8000

Explanation:

  • Net income (loss) in three years

$7,100, ($1,600), and $3,600  

=> the total net income is the first three years of operation is:

$7,100 -  ($1,600) +  $3,600  

= $9,100

This money is not kept in the Retained Earnings because it is used for dividend payment. But Earnings balance at the end of year three is $1,100, so the total amount of dividends paid over these three years:

= Total net incomes - Retained Earnings

= $9,100 - $1,100,  

= $8000

Hope it will find you well.

3 0
3 years ago
Read 2 more answers
The job of increasing public awareness of a company's products, brands, or activities and by fostering desirable company images,
Zina [86]

It is the task of <u>"Public Relations".</u>


Public relations(PR) is the way associations, organizations and people speak with general society and media. A Public relations authority speaks with the intended interest group straightforwardly or by implication through media with an expect to make and keep up a positive picture and make a solid association with the gathering of people. Examples incorporate official statements, pamphlets, open appearances, and so on and also utilization of the internet.

8 0
3 years ago
M and M, Inc. produces a product that has a variable cost of $4.90 per unit. The company's fixed costs are $37,200. The product
iragen [17]

Answer:

So the amount of sales needed will be $144000

Explanation:

We have given selling price per unit =$8

Variable cost per unit = $4.90

Contribution margin per unit = 8-4.90=$3.1

Contribution margin Ratio = \frac{contribution\ margin}{sales}=\frac{3.1}{8}=0.3875

Fixed costs =  $37200

Target profit= $18600

Required Sales amount to earn the desired profit = \frac{Fixed costs + Target net income}{Contribution Margin Ratio}

=\frac{37200+18600}{0.3875}=$144000

3 0
3 years ago
You earn $50,000 per year, and paid 10 percent in taxes this year. The government increased the tax rate to 20 percent for next
AleksAgata [21]

Answer:

D. $10,000

Explanation:

The answer is D because as you earn $50,000 every year, and for the next year the tax rate is 20%, 20% of $50,000 is $10,000. Hope it helps!

8 0
4 years ago
g When a company’s resources are valuable, rare, imperfectly imitable, and nonsubstitutable, it has a . Necessary to sustain a c
malfutka [58]

Answer:

Rare resources

Explanation:

Rare resources are unique resources that is not controlled or possessed by many competing firms. Only a small number of competing companies control it. It usually stands out by being distinctive among the set of future competitors. Rare resources are short in supply and capable of persisting over an extended time, this makes it a source of competitive advantage for a company.

7 0
3 years ago
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