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Novay_Z [31]
3 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]3 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

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She has decided to use some of her profits to open a furniture store specializing in furniture made from sustainably sourced woo
marissa [1.9K]

This is an example of market development growth.

<h3>What is market development?</h3>
  • Market segmentation for existing products is identified and developed as part of a growth plan.
  • A development plan focuses on non-buying clients in the segments that are already targeted.
  • Additionally, it aims to reach fresh markets of clients.
<h3>What is custom?</h3>
  • A custom is a long-standing behavior of an individual or group (such as a daily routine) (such as a cultural practice).
  • When used as an adjective, custom designates something created to specific requirements, especially something distinctive.
  • Custom-made is a synonym for it.
<h3>What is market penetration?</h3>
  • When a product or service is successfully sold in a particular market, this is referred to as market penetration.
  • The sales volume of an existing good or service in relation to the overall target market for that good or service is used to measure it.
<h3>What is product development?</h3>
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Therefore, this is an example of market development growth.

Know more about markets here:

brainly.com/question/906651

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6 0
2 years ago
Luana loves shopping for clothes, but considering the state of the economy, she has decided to start saving. At the end of each
Zina [86]

Answer:

Luana will save $2,493.522

Explanation:

Given:

Luana will deposit $570 every year for 4 years. This is an annuity as same amount is deposited every year.

Rate is 6% or 0.06

We have to compute Luana's savings at the end of 4th year.

Refer future value of annuity factor table at 6%, 4th year. Annuity factor is 4.3746.

Savings = Yearly deposit × Annuity factor

             = 570 × 4.3746

             = $2,493.522

Therefore, Luana will save $2,493.522 by the end of 4 years.

6 0
3 years ago
Looking at Channel 4’s strengths, their ability to appeal to different niche audiences is the highlight of the company. One of
Colt1911 [192]

Answer:

True

Explanation:

Remember, that the term 'company strength' is commonly used to refer to the overall advantages a company has.

Thus, when it was said that Channel has the ability to appeal to different niche audiences that they can guarantee a "16 to 34 year old ABC1 audience at peak viewing times.

Also, mention was made about the company receiving 17 Oscar nominations in the year 1994. All this facts highlights the company's strength.

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