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Olin [163]
3 years ago
8

On 12/31/2020, Heaton Industries Inc. reported retained earnings of $425,000 on its balance sheet, and it reported that it had $

172,500 of net income during the year. On its previous balance sheet, at 12/31/2019, the company had reported $555,000 of retained earnings. No shares were repurchased during 2020. How much in dividends did Heaton pay during 2020? Select the correct answer. a. $302,442 b. $302,269 c. $302,327 d. $302,384
Business
1 answer:
Pani-rosa [81]3 years ago
4 0

Answer:

The amount of dividend paid by Heaton:         $

Retained profit as at 31/12/2019                   555,000

Add: Net income for the year                       <u>172,500</u>

                                                                       727,500

Less: Retained earnings as at 31/12/2020   <u>425,000</u>

Dividend paid in 2020                                  <u>302,500</u>

The amount of dividend paid in 2020 is $302,500, which is close to $382,442.

The correct answer is A

Explanation:

The dividend paid in 2020 equals the retained earnings at the end of 2019 plus the net income for the year minus the retained earnings at the end of 2020.

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What indicates the maximum quantity of a product that may be brought into a country in a specific period is a quota.

<h3>What does quota mean?</h3>

A quota is the maximum monetary value of a good and service that can be imported into a country for a  specific period.

The purpose of a quota is to restrict the amount of import into a country so as to boost local production of the good for which the quota is placed. Quotas also limit foreign competition.

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5 0
2 years ago
Keidis Industries will pay a dividend of $4.35, $5.45, and $6.65 per share for each of the next three years, respectively. In fo
ICE Princess25 [194]

Answer:

$56.19

Explanation:

Current stock price can be determined by calculating the present value of the dividend payments

Present value is the sum of discounted cash flows

Present value can be calculated using a financial calculator

Cash flow in year 1 = 4.35

Cash flow in year 2 = 5.45

Cash flow in year 3 = 6.65

Cash flow in year 4 = 61

I = 9.4

PV = $56.19

To find the PV using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.  

3. Press compute  

4 0
2 years ago
Consider the borrowing rates for Parties A and B. A wants to finance a $100,000,000 project at a FIXED rate. B wants to finance
QveST [7]

Answer:

party A will pay floating rate while party B will pay fixed rate

Explanation:

For A

Sources at floating rate = prime 1%

received fixed rate = 8.9%

For B

sources fixed rate = 8.9%

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For a mutually beneficial interest only swap that makes money for A,Band the swap bank in equal measure, the party A will pay floating rate while party B will pay fixed rate

4 0
3 years ago
California real estate licensee carmen has an mlo endorsement on her license. which of these actions is she required to take?
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She is required to include her MLO unique identification number on her business cards. Carmen is required by the law governing mortgage loan originators to include her distinctive identification on her business cards, but, not on real estate signage.

The first step in obtaining a mortgage is to speak with a loan originator, often known as a mortgage loan originator (MLO). An MLO's initial task is to convince you that working with them is your best alternative for borrowing money. The second is to direct you toward the settlement table. A loan originator is mostly a salesperson and just secondarily a loan approval chaperone.

The MLO, the borrowers, the processors, underwriters, and closers are all focused on the same successful end since mortgage loan approval is a team sport. Managing the team is the responsibility of the Loan Originator or MLO.

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8 0
1 year ago
G Government expenditure​ ________ change potential GDP and taxes​ ________ change potential GDP.
Furkat [3]

Answer:

<u>can</u> ; <u>can</u>

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With increasing or decreasing government expenditure there are various other things also associated. Government expenditure is not only done to construct roads, but rather to provide education, to provide better health services, to provide more opportunities.

If an individual is more educated and healthy then the remaining candidates his chances for a better job are even higher, with that he shall contribute to GDP.

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7 0
3 years ago
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