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vova2212 [387]
3 years ago
5

The board of directors of pilgrim company authorizes a $100,000 restriction of retained earnings for a future plant expansion. t

his action will
Business
1 answer:
Yakvenalex [24]3 years ago
6 0

Answer:

It will reduce the amount of dividiends it can pay.

Explanation:

As there is an amount of the retained earnings that is restricted the company cannot use them to pay up neither stock or cash dividends in the future.

The retained earnings are used to pay dividends but also, are part of the equity of the firm thus the RE count to the capital structure of the company . Loans can be obtained with better rates if thecapital structure is more based on equiy than in liabilities thus, the board of directors is planning ahead the future plant exansion avoiding to use cash and deteriorate his capital structure to pay up dividends.

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Jeff purchased​ $550 of goods and received credit terms of​ 5/15, n/30. How much did he pay if payment was made during the disco
Stells [14]

Answer:

$522

Explanation:

Calculation to determine How much did he pay if payment was made during the discount​ period

Amount paid =$550-(5%*$550)

Amount paid=$550-$28

Amount paid=$522

Therefore the amount he will he pay if payment was made during the discount​ period is $522

7 0
2 years ago
Selected data (in thousands) derived from the income statement and balance sheet of National Beverage Co. for a recent year are
ss7ja [257]

Answer and Explanation:

The preparation of the cash flow statement is presented below:        

Cash flow from operating activities

Net income $49,311

Less: Gain on disposal of property -$1,188

Add: Depreciation expense $11,580

Add:  Other items involving non-cash expenses $1,383

Less: Increase in accounts receivable -$1,746

Add: Decrease in inventory $990

Less: Increase in prepaid expenses -$605

Less: Decrease in accounts payable -$710

Less:  Decrease in accrued and other current liabilities -995

Cash flow provided by operating activities $58,020

b.

Amortization of intangible assets  : Added

Decrease in accounts payable  : Decrease

Decrease in accounts receivable  : Added

Decrease in accrued and other current liabilities    : Decrease

Decrease in inventory  : Added

Decrease in prepaid expenses  : Added

Depreciation  : Added

Gain on disposal of property    : Decrease

Increase in accounts payable  : Added

Increase in accrued and other current liabilities  : Added

Increase in accounts receivable    : Decrease

Increase in inventory    : Decrease

Increase in prepaid expenses    : Decrease

Losses on disposal of property: Added

Other items involving noncash expenses  : added

4 0
3 years ago
The ability to perform more than one complex encoding tasks simultaneously demonstrates the importance of
lys-0071 [83]
The ability to perform more than one complex encoding tasks simultaneously demonstrates the importance of automatic processing. Automatic processing does not require attention to be paid and deliberately to be put in effort. Something that is done <span>without giving it any thought is automatic processing. </span>
7 0
3 years ago
Read 2 more answers
Sophia, a teacher from Vancouver, Washington, can compare her compensation to peers in the District of Columbia, where pay is mu
KonstantinChe [14]

Answer:

adjust for purchasing power and conditions existing in the local market

Explanation:

the concept of Equity theory describes how resources can be distributed in a fair manner in comparison to others. Sophia has to adjust for what the money she receives can buy her and the prevailing conditions in the market in her own area. This is because in this theory, pay scale is affected by the purchasing power and condition of the market in whatever area that a person lives.

3 0
3 years ago
Logging and fishing are two occupations belonging to which economic sector?
alukav5142 [94]
Logging and fishing are two occupations belonging to the primary economic sector. 

The primary economic sector refers to jobs that are harvesting products from the earth for materials and food. Hunting, farming and mining are some other examples of primary economic sector positions. 
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3 years ago
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