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shtirl [24]
3 years ago
10

Car and Auto Sisters had retained earnings of $18,000 on the balance sheet but disclosed in the footnotes that $3,000 of retaine

d earnings was restricted for plant expansion and $1,000 was restricted for bond repayments. Cash of $2,000 had been set aside for the plant expansion. How much of retained earnings is available for dividends? $14,000 $15,000 $18,000 $12,000
Business
1 answer:
zmey [24]3 years ago
8 0

Answer:

$14,000

Explanation:

The computation the retained earning balance for dividend distribution is shown below:

= Retained earnings - retained earnings was restricted for plant expansion - restricted for bond repayments

= $18,000 - $3,000 - $1,000

= $14,000

Simply we deduct those items which affect the retained earnings balance.  

All other information which is given is not relevant. Hence, ignored it

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Last week, Saturn Tide a U.S.-based energy firm, entered into an agreement with another party to exchange currency and execute t
Artist 52 [7]

Answer: Hedging

Explanation:

 Hedging is the term which is used to determining the risk management system and also eliminating all the uncertainty element from the given situation.

 The hedging is one of the type of investment process that helps in protecting from the finance related risk and by using this process the people are basically trying protect them from all the negative events.

According to the given question, Hedging is basically using to insure itself from all the foreign exchange risks in the firm . Therefore, Hedging is the correct answer.        

3 0
3 years ago
Average variable cost equalsa. average total cost minus average fixed cost. b. total variable cost divided by the change in outp
posledela

Answer:

a. Average total cost minus average fixed cost.

Explanation:

  • Total cost of production (TC)  can be expressed as the sum of two elements: total fixed cost (F) -those cost that do not vary with output level - and  total variable cost (V) - which are those cost that vary with the level of production. TC=F+V
  • Average total cost (ATC) is simply the division of total cost by the output produced (Q): ATC=\frac{TC}{Q} =\frac{F+V}{Q}=\frac{F}{Q}+\frac{V}{Q}.
  • Average variable cost (AVC) is the division of variable cost by the output produced: AVC=\frac{V}{Q}.
  • Then, average variable cost  can be obtained by :
  1. dividing the total variable cost by output (option c) or
  2. subtracting to average total cost the fixed average cost (\frac{F}{Q}), (option a).
7 0
3 years ago
ofia files a suit against turista airlines, inc. turista responds that it appears from the pleadings that the parties do not dis
lilavasa [31]

Answer:

a motion for summary judgment

Explanation:

An motion for a summary judgement (often referred to as a "MSJ") is an application for the court to decide not because of facts. The side bringing the motion claims that either the case should not be put in front of a jury or a jury can only decide for just the moving faction.

6 0
4 years ago
PLEASE HELP ASAP WILL GIVE BRAINLIEST
babymother [125]

Answer:

A. A professional review

Explanation:

Let's use process of elimination:

A) A professional is least likely to be biased, unless they've been paid.

B) An advertisement is by the manufacturer, and thus more likely to be biased.

C) Online testimonials can also be biased, because most of them are paid.

D) The seller only wants to make money. They're going to be the most biased of the bunch, as it will hurt their chances of making money if they give you a bad opinion.

6 0
2 years ago
Which of the following statements is correct about the requirements of an LLP?
Ber [7]

Answer:

The correct answer is letter "B": The business name must include the phrase Limited Liability Partnership or an abbreviation of the phrase, and the parties must file a form with the secretary of the state.

Explanation:

A Limited Liability Partnership or LLP is the type of business structure where partners are only liable for what they contribute to the firm. This implies if the firm goes into bankruptcy, the personal assets of the partners are not subject to liability. Under this type of partnership, the business name must include at least its abbreviation (LLP) and when setting up the firm, a letter to the secretary of state must be addressed informing about the creation of the new entity and its core purposes.

8 0
3 years ago
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