Answer: $23.63 million
Explanation:
First and foremost, we can calculate the quarterly common stockholder dividend which will be:
= $0.25 × 1 Million
= $0.25 million
Then, the annual dividend to the common stockholders will be:
= $0.25 million × 4
= $1 million
The quarterly preferred stockholder dividend will be calculated as:
= $0.50 × 0.50 Million
= $0.25 million
We would then multiply $0.25 million by 4 to get the annual dividend attributable to the preferred stockholders which will be:
= $0.25 million × 4
= $1 Million
Total Dividend would then be:
= Annual dividend to common stockholders + Annual dividend to preferred stockholder
= $1 Million + $1 Million
= $2 Million
The value of the retained earnings balance at the end of the year will then be:
= Retained Earnings at the beginning of the year + Net Income – Dividend
= $23.45 + $2.18 - $2.00
= $23.63 million
Answer:
$54,000
Explanation:
Since it is given that the inventory of the firm in the balance sheet is $50,000 and the purchase cost of supplies is $4,000 that is added in inventory
Also the market value of the inventory i.e. currently purchased is $2,500
That represents it changes rapidly
So here by using the historical method, the final amount of inventory that should be reported in the balance sheet is
= $50,000 + $4,000
= $54,000
The same is to be considered
So first you know that if a is apple pies and b is blueberry that
$460=11a+13b in terms of price and you also know that the number
a+b=38
I solved that for either a or b (I chose a)
So
A=38-b
Them I plugged it in to the money equation to solve for b
460=11(38-b)+13b
460=418-11b+13b
460=418+2b
42=2b
B=21
Therefore you can do 38(total pies)-21(what b equals) to find the apple pies which would be 17 so a=17
Therefore the answer is B (17 apple and 21 blueberry)
Value Pricing policy is honda using.
This is an example of " Value Pricing" since value pricing is based on the "Value" that the product creates in the minds of the customer.
Explanation of why others are not selected.
1. CUmulative quantity discount is offered for customers who purchase several items at once which is not the case
2. Bundle pricing is offred for the customer who purchases all the goods at once which is not the case.
3. Introductory pricing involves pricing low at the time of introducing a new model to gain market penetration which is also not the case
Value pricing is customer-oriented pricing. H. Companies set prices based on how much customers believe in the value of their products. Value-based pricing differs from "cost plus" pricing, which includes production costs in the price calculation.
Learn more about Value Pricing here: brainly.com/question/7459025
#SPJ4
Answer:
Supplies Expense $3970 Dr
Supplies Account $3970 Cr
Explanation:
The adjusting entry is made at the end of the accounting period. If on the day of adjusting entry, the supplies account shows a higher balance then the supplies on hand, we will need to charge the difference between these two amounts to the supplies expense account and reduce the supplies account by the same amount.
The difference between supplies account and supplies on hand is 4850 - 880 = $3970
