Answer:
$296 (in thousands)
Explanation:
The Dividends paid is calculated as:
Dividend paid
= Beginning Retained earnings + Net income during 2021 - Ending Retained earnings
Now,
Beginning retained earning = Retained earning at 2020 i.e $220,000
Net income during 2021 = $406,000
Ending retained earning = Retained earning of 2021 i.e $330,000
on substituting the value, we get
Dividend paid = $220,000 + $406,000 - $330,000
or
Dividend paid = $296 (in thousands)
Answer:
$159
Explanation:
Calculation to determine the service cost component of pension expense for the year ended December 31.
Projected benefit obligation, December 31 555
Add Benefit payments to retirees, December 31
Less Interest cost $54
(12%*450)
Less Projected benefit obligation, January 1 $450
service cost $159
Answer:
point-of-purchase display
Explanation:
Point-of-purchase display: The term "point-of-purchase display" is also denoted as "POP display" is described as one of the different marketing materials or advertising that is being placed next to any merchandise that it has been promoting. However, these items are being generally located or present in any checkout area or some other location whereby that specific purchase decision is being made.
In the question above, the given type of sales promotion is referred to as a point-of-purchase display.
Answer:
The net impact on the income will be 2,795,000 each year
Explanation:
The purchase will generate the followng:
4.3 depreciation expense
and a tax shield, as this expense decrease the net income:
depreciation x tax-rate = tax-shield
4.3 x 35% = 1.505 millions
total impact on net income:
depreciation expense - tax shield
4.3 - 1.505 = 2.795 millions net impact