Answer:
$ 8.000 is the amount paid in dividends during these three years.
Explanation:
The total sum of Net Income operation during these three years was $9.100, the money that is not keep in retained earnings it's distributed in dividends.
To end the year with a retained earnings of $1.100, the company have been to paid in dividends $8.000.
Please see details below:
Net Incomes: $7.100 + ($1.600) + $3.600 = $ 9.100
Retained Earnings at end of the period = $ 1.100
Dividends piad by the company = $ 8.000
The <span>concept behind the strategic defence initiative is that it is a strategic military plan in defence that is primarily intended the safeguard the United States against any attack from other nation or faction involving intercontinental ballistic missiles. The defence system was first initiated at the course of the Cold War.</span>
Answer:
The weighted-average unit contribution margin is $7.40
Explanation:
The weighted average unit contribution margin is given by the below formula:
weighted-average unit contribution margin=Wa*Margin of A+Wb*Margin of B
Wa is the weight of product A=70% or 0.70
Margin of product A is $8.04
Wb is the weight of product B =30% or 0.30
Margin of product B is $5.92
weighted-average unit contribution margin=(0.70*$8.04)+(0.30*$5.92)
weighted-average unit contribution margin=$ 7.40
Answer:
Gain= $3,500
Explanation:
<u>First, we need to calculate the book value at the moment of the sale:</u>
Book value= Purchase price - accumulated depreciation
Book value= 93,500 - 64,000
Book value= $29,500
<u>Now, the gain or loss by the sale:</u>
Gain/loss= selling price - book value
Gain/loss= 33,000 - 29,500
Gain= $3,500