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fomenos
4 years ago
13

Now Inc. released its annual results and financial statement. Grace is reading the summary in the business pages of today's pape

r. In its annual report this year, NOW Inc. reported a net income of $152 million. Last year, the company reported a retained earnings balance of $459 million, whereas this year it increased to $540 million. How much was paid out in dividends this year?a. $4 millionb. $360 millionc. $71 milliond. $233 million
Business
1 answer:
icang [17]4 years ago
5 0

Answer:

Option (c) is correct.

Explanation:

Given that,

Retained earnings in the last year = $459 million

Net income in this year = $152 million

Retained earnings in this year = $540 million

Dividends paid this year:

= (Retained earnings in the last year + Net income in this year) - Retained earnings in this year

= ($459 million + $152 million) - $540 million

= $71 million

Therefore, the company paid out $71 million in dividends this year.

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When purchasing a dishwasher a manager can tell if it is in compliance with the regulatory authority by?
katrin2010 [14]
When purchasing a dishwasher a manager can tell if it is in compliance with the regulatory authority by? Appliances have to be compliant with federal regulations. To check if a dishwasher is in compliance, a manager can make sure there are NSF seals or ANSI certifications on the dishwasher. 
5 0
4 years ago
Carlos Landry finds he has less and less energy to go to work each day. On average he misses two days a week. Carlos may be suff
Zarrin [17]

Answer:

C. Job specialization

Explanation:

Employees boredom is one of the disadvantages of job specialization

Job specialization: This can be defined as a situation where an employee focuses on a particular skills or job position in order to become an expert.

Job specialization is as a result of division of labor. Division of labor is the sharing of roles or functions among employees in a firm so as to Improve productivity.

When a particular role is assigned to an employee for a long period of time, the employee becomes an expert as a result of that.

Advantages of job specialization

• Workers produce more when they occupy a specific role.

• Job specialization leads to time saving in production because employees have become masters in their role

• More expertise is developed through job specialization

Disadvantages of job specialization

• Continuous performance of a particular role might lead to boredom of the employee

• There is fear of job security for the workers. They often wonder what will happen if a firm finds a replacement for them.

7 0
3 years ago
2. What is the range of the FICO score?
sergeinik [125]

Answer:

true: credit card history

7 0
3 years ago
Who benefits from an import-substitution strategy? who is harmed?
Aloiza [94]

Answer:

Import substitution industrialization (ISI) is a trade and economic policy which advocates replacing foreign imports with domestic production. Domestic consumers benefit from import substitution as they do not have to face strong competition from foreign competitors and can sell their goods at a higher price. So for example manufacturers in USA sell a battery from $10 but consumers from USA have the option to import that battery at $7 from China the US manufacturers wont be able to compete as Chinese companies have lower cost of production therefore they can sell cheaper and in order to protect the local manufacturers the government may use an ISI strategy to help the local manufacturers. On the other hand consumers are harmed from this strategy as they cannot buy the cheaper product because of change in government strategy. So consumers who were buying the battery at $7 not have to buy it at $10.

Explanation:

5 0
3 years ago
Frank has an auto policy with a coverage limit of $30,000 and a deductible of $1,000. He gets into an accident and the damages t
irakobra [83]

Answer:

$1000

Explanation:

Given the policy coverage = $30000

The amount of deductible = $1000

Total damage of the car when the accident occurred = $6200

Below is the calculation to find the amount that Frank has to pay:

The amount payable by Frank out of pocket = Deductible amount

The amount payable by Frank out of pocket = $1000

4 0
3 years ago
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