Answer:
c. $71 million
Explanation:
The net income and dividends are the factors responsible for increase an decrease in retained earnings. Net income is added to the retained earnings balance while dividend is deducted from it.
Given the following information about NOW Inc,
net income = $152 million
Opening retained earnings balance = $459 million
Closing retained earnings balance = $540 million
$459 million + $152 million - Dividends = $540 million
Dividends = $459 million + $152 million - $540 million
Dividends = $71 million
Option c. $71 million
Answer:
$48,000
Explanation:
The working capital is the business asset that is used for day to day operation. It can be calculated as follows,
Working capital = Current assets - Current liabilities
So,
Working capital = $396,000 - $348,000 = $48,000
It can be verified with the following equation
Fixed assets + Working Capital = Shareholder Equity + Long term Liabilities
Which is,
Fixed assets + Working Capital = $512,000 + $48,000 = $560,000
Shareholder Equity + Long term Liabilities = $298,000 + $262,000 = $560,000
Hope that helps.
Answer:
Ending inventory cost= $599
Explanation:
Giving the following information:
June 1 150 units $ 390 (2.6)
June 10 200 units 585 (2.93)
June 15 200 units 630 (3.15)
June 28 150 units 495 (3.3)
Ending inventory in units= 200
<u>To calculate the ending inventory, first, we need to calculate the average price:</u>
Average price= (2.6 + 2.93 + 3.15 + 3.3) / 4= $2.995
<u>Now, the ending inventory:</u>
Ending inventory= 2.995*200
Ending inventory= $599
We can see that by default, the hyperlink will display the text in the hyperlink itself, such as the web URL. This behaviour be modified in the following way: Display Alt Text.
<h3>What is hyperlink?</h3>
A hyperlink is actually known to be a link that makes reference to a data that a user can follow. Users can click or tap on the links and be guided. Hyperlink can actually point to a whole document or some specific element in the document.
It will be worthy to note that hypertext is usually text that has hyperlink.
We see that Display Alt Text will be the way that the stated behaviour can be modified.
Learn more about hyperlink on brainly.com/question/17373938
#SPJ1
Answer:
They came back home at 12 pm
Explanation:
Giving the following information:
The Burkes pay their babysitter $5 per hour before 11 P.M. and $7.50 after 11 P.M. One evening they went out for 4 hr and paid the sitter $27.50.
We need to formulate the total cost:
TC= 5*x + 7.5*y
x=5*4= 20
y=7.5*1= 7.5
TC= 5*4 + 7.5*1= $27.5
They came back home at 12 pm
