Answer:
"$224,000" is the correct solution.
Explanation:
The given values are:
Corporation purchased percentage,
= 25%
Original investment,
= $210,000
Short's net income,
= $80,000
Paid cash dividend,
= $24,000
Now,
The share of net income will be:
= 
= 
= 
($)
The cash dividend will be:
= 
= 
= 
($)
hence,
On December 31, 2021, the balance will be:
= 
= 
= 
= 
($)
Answer:
Which action best reflects the influence of John Maynard Keynes?
B. A government gives jobs to workers during an economic recession.
Explanation:
John Maynard Keynes was a The British economist who strongly and vehemently advocated for "increased government expenditures, lower taxes, government offering full employment, and government intervention in economic activities" in order to stimulate demand, pull the economy out of recession, and kickstart it from slump. He is known as the father of Keynesian Economics.
Answer:
The earnings per share would drop by -$2.17 per share
Explanation:
Firstly the EPS =LOSS/TOTAL SHAREHOLDING
In this ,=-$1300000/600000shares
In other words the EPS for the previous year when compared to the current would see a drop in value per unit of share of $2.17
The question is: Which scale rating describes the greatest number of student and how many student responded with this rating.
From the frequency distribution table attach to the question, the scale rating with the highest number of student is 7 out of 10 and the number of students that responded with this rating is 27 students.
Answer:
Net income = $169.2
Growth in dividend = 76.25%
Explanation:
The projected figures are as below:
Sales = $700 x (1 + 15%) = $805 <em>(15% increase in sales)</em>
Operating costs including depreciation = $805 x 60% = $483 <em>(60% of sales)</em>
Interest expense = 40 <em>(remain constant)</em>
EBIT = Sales - Operating costs including depreciation = $805 - $483 = $322
EBT = EBIT - Interest expense = $322 - $40 = $282
Net income = EBT x (1 - Tax rate) = $282 x (1 - 40$) = $169.2
Dividend = Net income x Dividend payout ratio = $169.2 x (32/96) = $56.4
Growth in dividend = $56.4/$32 = 76.25%
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