Answer:
The correct answer is $ 41,000.
Explanation:
This problem requires us to calculate the amount of cash dividend that will be reported in the financing section of the statement of cash flows. In statement of cash flow the dividend paid in cash during the period is reported. Dividend declaration in not relevant as far as statement of cash flow is concerned.
Cash dividend to reported is calculated as follow.
Dividend payable opening balance = 10,000
Divdend declared = 42,000
Dividend payable closing balance = (11,000)
Dividend paid = 41,000
The increase of shoe sellers in the market from the town would result in an increase in competition. In addition, these would provide a lot of choices among consumers on what good they will likely buy. So to have an edge compared to other sellers, some do marketing strategies like advertising.
Answer:
a. A man should install the light because the expected benefit of $50,000 is greater than the cost.
Explanation:
Let’s consider the cost required to install traffic lights= $10000
The expected benefit is equal to the value of human life * 0.5%.
= 0.5% * $10 million= $ 50000.
The best option is to consider the most beneficial option to be taken. It is clear that installing traffic lights is more advantageous because the expected benefit of $50000 exceeds the cost of installing traffic lights.
Answer:
$440 per unit
Explanation:
Units balance after July 12 sales = 100 - 70 = 30
Total units after July 23 = 30 + 120 = 150
Total cost of units balance after July 12 sales = $400 × 30 = $12,000
Total cost of July 23 purchases = 120 × $450 = $54,000
Total cost of inventories after July 23 = $12,000 + $54,000 = $66,000
Weighted average unit cost after the July 23 purchase = $66,000 ÷ 160 = $440 per unit
Answer:
25%
Explanation:
Data provided
Risk free return = 3%
Beta = 2
Expected return on the market portfolio = 14%
Risk-free rate of return = 3%
The computation of cost of retained earnings is shown below:-
Cost of retained earnings = Risk free return + Beta × Risk premium
= 3% + 2 × (14% - 3%)
= 3% + 2 × 11%
= 3% + 0.22
= 25%
Therefore, for computing the cost of retained earning we simply applied the above formula.