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vova2212 [387]
4 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]4 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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A Purchasing Specialist is sometimes referred to as what? Select all that apply *
Zepler [3.9K]

\text{Hello there!}

A Purchasing Specialist is sometimes referred as a \bold{Procurement Manager.}

This is because they're responsible for purchasing/procuring supplies.

They relatively have the same roles, however, occasionally referred to by different names.

\text{The job of the} \bold{Purchasing\;Manager} \text{\;is to purchase supplies for the company.}

\text{For example, purchasing lettuce for a} \bold{fast\;food\;restaurant.}

\text{The job of the\;} \bold{Purchasing\;Agent} \text{is to buy supplies that the company needs.}

\text{The job of the} \bold{Procurement\;Manager} \text{has the same responsibilities as the}\bold{Purchasing\;Manager.}

Therefore, all of the possible referred answers are going to be correct.

The only differences are going to be the names.

\rule{300}{1.0}

8 0
3 years ago
In December 1999 people feared that there might be computer problems at banks as the century changed. Consequently, people wante
12345 [234]

would reduce the multiplier. If the Fed wanted to offset the effect of this on the size of the money supply, it could have bought bonds

Answer: Option D.

<u>Explanation:</u>

The situation that has been explained in the question would result in the increase in the money in hand with the people because of which the investment decreased and the economy slowed down.

This will have an adverse effect on the multiplier which is working on the economy because of the reduction in the investment in the economy and the fed should work to solve this problem by buying some of the bonds to increase the money in the deposits.

<u />

3 0
3 years ago
The Quantity Theory states that inflation
aliya0001 [1]
The answer would be a)<span> occurs when demand for goods and services exceeds existing supply. Reason being, when there is high demand for a product, the price goes up because there are fewer available, however, in return for the raised prices people will eventually stop buying and the product price will drop.
</span>
5 0
4 years ago
Reamer Company uses a predetermined overhead rate based on machine hours to apply manufacturing overhead to jobs. The company ha
Furkat [3]

Answer:

D. $3.40

Explanation:

The computation of the predetermined overhead rate is shown below:

Predetermined overhead rate is

= Estimated manufacturing overhead ÷ estimated machine hours

= ($2,000 + $400 + $1,000) ÷ (1,000 machine hours)

= $3,400 ÷ $1,000 machine hours

= $3.40 per hour

7 0
3 years ago
Ariel is saving money to purchase a new computer before she leaves for college in two years. She wants to open a special account
Anna35 [415]

Answer:

b. Shop around for the depository institution with the highest interest rates for their savings accounts. She would be able to make regular savings deposits and earn interest while she is saving up for the computer.

Explanation:

Firstly, depository institutions are instiutions that are legally allowed to accept monetary deposits from customer. Examples savings bank, loan banks e.t.c

However, Ariel is better off depositing her money in a financial institution that will yield high interest for her and enable better save to purchase her dream computer.

3 0
4 years ago
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