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4 years ago

Retained earnings:

Business

1 answer:

Lubov Fominskaja [6]4 years ago

7 0

Answer:

1.Generally consists of a company's cumulative net income less any net losses and dividends declared since its inception.

Explanation:

Retained earnings is an element of the balance sheet that represents the accumulated net income and losses and the amount paid to the shareholders over the years as dividend.

Each year, the company's net income or loss from the statement of profit or loss is posted into the retained earnings account.

It is an integral part of the owners equity along with ordinary share capital.

As such, retained earnings generally consists of a company's cumulative net income less any net losses and dividends declared since its inception.

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Bonita, Inc. uses activity-based costing as the basis for information to set prices for its six lines of seasonal coats.

jeka94

Answer:

Results are below.

Explanation:

<u>To calculate the activities rates, we need to use the following formula:</u>

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Designing= 452,795 / 11,900= $38.05 per designer hour

Sizing and cutting= 4,231,150 / 157,000= $36.95 per machine hour

Stitching and trimming= 1,501,000 / 79,000= $19 per labor hour

Wrapping and packing= 327,050 / 31,000= $10.55 per finished unit

4 0

3 years ago

TEA [102]

Answer: Four pies.

Explanation:

Marginal cost is the additional cost of producing one extra unit of a good or service.

From this graph we see the marginal cost rise when the first pie is produced and then it subsequently decreases as the second and third pie is produced which is where it reaches its lowest point.

From the fourth pie, the marginal cost begins to rise again which means the marginal cost begins to increase when the producer makes four pies.

3 0

3 years ago

Consider the following information: Portfolio Expected Return Beta Risk-free 5 % 0 Market 11.2 1.0 A 9.2 1.9 a. Calculate the re

tatiyna

Answer:

The calculations are shown below:

Explanation:

The calculations are shown below:

a. The expected rate of return is

Return = Risk free return + Beta × (Market return - risk free return)

= 5% + 1.9 × (11.20% - 5%)

= 5% + 11.78%

= 16.78%

b. Now the alpha is

Alpha = Actual rate of return - Expected rate of return

= 9.2% - 16.78%

= - 7.58%

c. No , the CAPM is not valid as the expected rate of return is more than the actual rate of return

6 0

3 years ago

Read the first paragraph of "The Effectiveness<br> of Capital." What do you think productive means?

Ganezh [65]

Answer: Productive means having been able to gain in large amounts.

Explanation: In the first paragraph of “The Effectiveness of Capital” the productive means having been able to produce in a huge quantity or large numbers. Here being able to gain profits in a large amount is considered productive.

Producing any kind of goods in large numbers is productivity. The productivity of any good depends upon many factors. Like a productive worker has a lot of capacity to do a lot of work and hence he is able to give productive results in the end. With a great number of profits.

7 0

4 years ago

Direct materials and direct labor of a company total $8,000,000. If manufacturing overhead is $4,000,000, what is direct labor c

olchik [2.2K]

Answer:

Explanation:

Cannot be derived from the given data/information provided.

5 0

4 years ago