1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Novay_Z [31]
2 years ago
8

Bradds, Inc., has sales of $589,000, costs of $278,000, depreciation expense of $30,000, interest expense of $25,000, a tax rate

of 35 percent, and paid out $60,000 in cash dividends. What is the addition to retained earnings?
Business
1 answer:
stiks02 [169]2 years ago
3 0

Answer:

$106.400

Explanation:

Icome statement

Sales of  $589,000

Costs of -$278,000

Depreciation expense of -$30,000

Interest expense of -$25,000

===============================

Total                $ 256.000

Tax Rate 35%  - $89.600

Net Income  $ 166.400

Dividens Paid Out - $60.000

Addition to Retained Earnings $106.400

You might be interested in
What is a risk assessment grid?
sergey [27]
A risk assessment grid is used to describe the overall process or method where you: identify hazards and risk factors that have the potential to cause harm. You also analyze and evaluate the risk associated with that hazard.
(Ex: Qualitative and Quantitative)
7 0
3 years ago
The sources of quantitative standards include
8_murik_8 [283]

Answer:

B

Explanation:

The sources of quantitative standards include historical experience, engineering studies, and input from operating personnel.

3 0
3 years ago
What are companies doing to respond effectively to increasing segmentation of the marketplace? Following a traditional sales mod
N76 [4]

Answer: The answer is C. Using more narrowly targeted marketing messages.

Explanation: Market Segmentation is basically the act of dividing a large market into smaller groups, which can now easily be targeted and serviced.

In an increasingly segmented marketplace, the best option for companies it so make sure that they tailor their marketing messages to the segmented market chunk.

Basically, in order for companies to retain the loyalty of their market segment, or to get new customers, they have to make sure that their marketing messages are more narrowed and specific, in order to hold the attention of their target audience.

Using more narrowly targeted marketing messages will guarantee that the target market gets the message clearly and prompt them to patronize the company.

7 0
3 years ago
When you take out a mortgage your home becomes the collateral. true or false
Y_Kistochka [10]

Answer:

True

Explanation:

A mortgage loan is done to purchase or create real state or by existing property owners to raise funds for any purpose, in both cases, while putting a lien on the property being mortgaged.

The collateral will be the property, because is the item pledged to guarantee the repayment of a loan.

Foreclosure or repossession:

The act upon which the lender will take possession and sell the property to pay off the loan in the event the borrower fails to perform the payment in terms.

6 0
2 years ago
Primrose Yard receives 15,000 large trees each year that they process into 15,000 rough logs. Currently, Primrose sells the roug
Kazeer [188]

Answer:

c. It should process further because the reduction in the cost of the trees is irrelevant.

Explanation:

For the purpose of this Decision,

Benefit of processing further = Sales Value after processing – Sale Value before processing – Further Processing costs

Cost of acquiring trees is a sunk cost already incurred and hence is not relevant

Hence, benefit of processing = (0.80-0.20)*350 – 50

= $160

Hence, the answer is

c. It should process further because the reduction in the cost of the trees is irrelevant.

7 0
3 years ago
Other questions:
  • How do you find tax liability?
    8·1 answer
  • What are some of the pathways in the Agriculture, Food, and Natural Resources career cluster? Check all that apply.
    11·2 answers
  • Without quality, the firm's products: a. can compete effectively on the basis of low price. b. must be exported to developing co
    11·1 answer
  • The following company information is available. The direct materials quantity variance is:
    5·1 answer
  • Jaylan decided she no longer like the car she was leasing and turned it in a year before her lease was up. What kind of fee will
    5·2 answers
  • Determine Cost of Land Four Corners Delivery Company acquired an adjacent lot to construct a new warehouse, paying $32,000 and g
    9·1 answer
  • Challenge question: Home mortgages use amortization schedules, but the principal balance might be 10 or 100 times larger than Ja
    8·1 answer
  • The amount of money you need to maintain in your account to avoid a fee is the?
    14·1 answer
  • After salesperson Danny O'Reilly has made a sale, he asks his customer if she knows of anyone else who might also be interested
    11·1 answer
  • In contrast to _______ and _______ the obligations of corporations are separate and distinct from the personal obligations of th
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!