Answer:
By 110,000 the retained earnings reduced by the property dividend.
Explanation:
Retained Earnings: The retained earnings is that earnings which is left after all payments relating to the business expenses, shareholder dividend. The earnings which is to be retained so that it can come in use in near future.
For retained earning calculation, the stock market value is recorded when the date is declared not on distribution date.
So, the calculation is computed below:
As the 50,000 shares is given for every 10 shares. So, first we have to compute for 1 share which comes by dividing shares to number of shares i.e. 50,000 shares ÷ 10 shares = 5,000 for 1 share.
Now, multiply by market value which comes = 5,000 × $22 = $110,000.
So, by 110,000 the retained earnings reduced by the property dividend.
I’m not sure I understand the question so are you saying is a hair salon a want yes
The lending capacity of a bank is limited by the magnitude of their customers’ deposits. In order to lend out more, a bank must secure new deposits by attracting more customers. Without deposits, there would be no loans, or in other words, deposits create loans
Answer:
Total cost= $34,780
Explanation:
<u>First, we need to allocate costs to Snow Man project:</u>
Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base
Purchasing= 380*1= 380
Storing= 2*4,000= 8,000
Machining= 100*60= 6,000
Supervision= 5*40= 200
Total allocated costs= $14,580
<u>Now, the total costs:</u>
Total cost= 19,000 + 30*40 + 14,580
Total cost= $34,780
Answer:
17.5 years
Explanation:
The rule of 70 calculates the amount of time it would take for an amount to double given its annual growth rate.
Number of years it takes to double = 70/ annual percentage growth rate
70 / 4 = 17.5 years
I hope my answer helps you
