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Bingel [31]
3 years ago
6

ABC had the following net income (loss) the first three years of operation: $7,000, ($1,600), and $3,600. If the Retained Earnin

gs balance at the end of year three is $1,000, what was the total amount of dividends paid over these three years?
Business
1 answer:
MA_775_DIABLO [31]3 years ago
6 0

Answer:

$8,000

Explanation:

As we know that

Ending balance of retained earnings = Beginning balance of retained earnings + net income - dividend paid

where,

Ending balance of retained earnings = $1,000

Beginning retained earning we assume zero

And, the net income for three years is

= $7,000 - $1,600 + $3,600

= $9,000

So, the dividend amount is

= $9,000 - $1,000

= $8,000

We simply applied the above formula

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How & why has the suburbanization of business changed america?
SpyIntel [72]

Suburbanization of business changed America by an increase in the purchasing power of the people who migrated from major city areas and also the factor of the low cost of living boosted the development of all business ventures in Suburban areas.

Explanation:

With the advent of social inequality, population pressure and inefficiency of resources, the position of business operations witnessed many people change their occupation. As the sudden increase in the value of the housing property, Middle-class people have started to move to suburban areas. The cheaper house prices changed the favorable situation of migration.

US citizens of the main cities have experienced many health issues due to the bad effects of pollution. It also urged many business people to change their action plan of setting their business in local suburb areas to mark the identity of suburbanization.  

6 0
3 years ago
The table below represents how Marco feels about chocolate candy bars.
Inessa05 [86]

Answer:

A. Chocolate Candy Bars Total Utility (utils) Marginal Utility (utils

0 0 —

1 25 25

2 42 17

3 54 12

4 62 8

5 66 4

6 65 –1

2. Soda

Explanation:

A.Chocolate Candy Bars Total Utility (utils) Marginal Utility (utils)

0 0 —

1 25 25

2 42 17

3 54 12

4 62 8

5 66 4

6 65 –1

1. In a situation where the consumption go up from 0 to 1, this means that total utility will from 0 to 25.

Therefore the , marginal utility will be 25 (25 – 0).

2. Total utility will be 42(25+17)

3. Marginal utility will be 12 (54-42)

4. The total utility for quantity of 5 is 66, while the marginal utility is 4.

Hence the total utility will be 62 (66 – 4) while marginal utility will be 4(12-8)

6. Total utility will be 65(66-1)

B. Based on( A )above Marco already has two candy bars, which gave him a total utility of 42 this means that when we Add soda his utility would increase to 64 (42 + 22)

And in a situation where he consumes four candy bars which is 2 candy bars + another 2 extra candy bars this means his utility will be only 62.

Based on this Soda will be the preferred one

5 0
3 years ago
Kari is on a trip to italy. she has made a list of cities she would like to tour while she is there, as well as how much she exp
stealth61 [152]

Based on the amount budgeted and the cost of sight seeing, kari has almost exactly enough left in her budget to see genoa.

<h3>Which city should Kari see?</h3>

Exchange rate is the rate at which one currency is exchanged for another currency. In ths question, 1 dollar is exchange for 0.6859 euros.

  • The first step is to convert the amount budgeted to Euros: 585 x 0.6859 =  401.25
  • Cost in Euro of seeing Naples : 0.6859 x 71.06 = £48.74
  • Cost in Euro of seeing Venice : 0.6859 x 113.38 = £77.77
  • Total cost of the sightseeing =  £48.74 + £77.77 + £68.77+ £95.41 + £49.69  + £60.85 = £401.25

To learn more about exchange rate, please check: brainly.com/question/13717814

#SPJ4

4 0
2 years ago
Catherine had checked the price of an airline ticket in November to fly to Daytona Beach for her spring break. She was surprised
goldfiish [28.3K]
The correct answer is B. yield management
5 0
3 years ago
Read 2 more answers
Guiness Inc. has a budgeted production of 8,000 units. Each unit requires 40 minutes of direct labor work to complete. The direc
Alex Ar [27]

<u>Solution and Explanation:</u>

The budgeted cost of the direct labor for the month is calcuated as follows:

the given data:

Budgeted production is = 8000 units, time required of direct labor work in order to complete the production is = 40 minutes, the direct labor rate as given in the question is = $100 per hour.

Budgeted cost = time multply with rate of labor multiply with budgeted production

(40/60 multiply with 100) multiply with 8000 = 533,333.33

therefore, the budgeted cost = $533333.33 ( rounded of to 2 places).

6 0
3 years ago
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