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lyudmila [28]
3 years ago
15

Keepers, Inc.'s balance sheet reported retained earnings as $10,000 at December 31, 2017 and $12,000 at the December 31, 2018. T

he income statement reported net income of $3,000 for the year ended December 31, 2018. Dividends declared for the year ended December 31, 2018 must equal $ .
Business
1 answer:
Aleks04 [339]3 years ago
3 0

Answer:

Dividends declared for the year ended December 31, 2018

must equal $ 12.000

Explanation:

Please see details below:

Retained Earnings Report  

Opening retained earnings $ 10.000

Add: Net Income $ 3.000

Subtotal $ 13.000

Less: Dividens -$ 1.000

Ending retained earnings $ 12.000

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Weirick, Inc., manufactures and sells two products: Product T8 and Product P4. The company has an activity-based costing system
gtnhenbr [62]

Answer:

$634,443

Explanation:

The computation of total overhead applied to Product P4 under activity-based costing is shown below:-

                                                                               

Activity        Expected               Expected           Activity  

                         costs                 Activity                Rate    

                         a                         b                      c =  a ÷ b

Labor related $145,000     6,000 DLHs         24.17 per DLHs

Production

orders           $68,360        1,400 orders     48.83 Per orders

Order size   $1,069,190      5,800 MHs       184.34 per MHs

                         Product P4

Activity driver            Overhead

Incurred                   Assigned

    d                                 e = c × d

2,000                              $48,340

300                                 $14,649

3,100                               $571,454

Total overhead cost       $634,443

3 0
3 years ago
How to generate leads on LinkedIn safely?
SSSSS [86.1K]

Answer:

<em>Cloud-based automation tools are very rewarding when used with a careful and disciplined approach. The purpose of automation tools is to make things easier for humans and that’s what cloud-based automation has been designed for. These tools come with advanced features and provide dedicated IPs which makes lead generation a 100% safe process.</em>

8 0
3 years ago
Imagine that your boss has given you the task of giving a speech at the next staff meeting about new office procedures. What que
Kipish [7]
First and foremost, specifically which topics to cover and how much time to take covering them.
I would ask those questions because my boss may have a different idea of what needs to be communicated than I.  My boss may also have a different objective for the communication than I realized and I may be able to enhance that message in some way.
6 0
3 years ago
I want to take a survey of students at my university to find out what proportion like the new bus service on campus. how many wi
laiz [17]

Answer:

N = 3,120 (Approx)

Explanation:

Given:

z- score for 99% confidence = 2.58

Proportion (P) = 75% = 75 / 100 = 0.75

E = 2% = 0.02

Q = 1 - P = 1 - 0.75 = 0.25

Computation:

N = (Z/E)^2 \times pq

N = (2.58/0.02)^2 \times (0.75 \ times 0.25)

N = (129)^2 \times (0.1875)

N = (16,641) \times (0.1875)

N = 3,120.1875

Therefore, N = 3,120 (Approx).

5 0
3 years ago
Assume the following exchange rates: $1 = NZ$3, NZ$1 = MXP2, and $1 = MXP7. Given this information, as you and others perform tr
Vika [28.1K]

Answer:

c. Appreciate; Appreciate

Explanation:

Triangular arbitrage is the act of taking an opportunity resulting from a pricing discrepancy among three different currencies when the currency's exchange rates do not exactly match up

This cases are very rare and for a quite short period of time so there are very few traders who takes the advantange of them.

Lets study th given cases here:

A) NZ dollar Versus Mexican Peso

The exchage rate is 1NZ$= 2 Mexican Pesos (MXP)

But if we apply the triangular arbitrage:

1 NZ dollar = 0.3333 US$

and we know tha 1 US$= 7 Mexican Pesos (MXP

Then 1 NZ dollar = 0.3333* 7 MXP= 2.333 MXP

So the NZ dollar appreciates

B) MXP Versus U$S

The exchage rate is 1 MXP= (1/7) U$S

But if we apply the triangular arbitrage:

1 MXP = 0.5 NZ

and we know tha 1 NZ= 0.333 US$

Then 1 MXP = 0.5* 0.333 U$S= 0.166 U$S

So the MXP appreciates

7 0
3 years ago
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