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natulia [17]
3 years ago
11

Q 11.26: The board of directors of Testa Incorporated has decided that they would like to declare a $400,000 cash dividend at so

me point in the near future. The company currently has Retained Earnings of $2,419,000 and a Cash balance of $827,000. They also have current liabilities totaling $436,000. What is missing in order for Testa to be able to pay a cash dividend
Business
1 answer:
11Alexandr11 [23.1K]3 years ago
6 0

Answer: B. : a healthy cash reserve

Explanation:

For the company to be able to declare a Dividend, it's cash reserve needs to be healthy. For this to happen use the following formula;

Free cash balance = Available cash balance - Current Liabilities payable

= 827,000 - 436,000

= $391,000

After taking out the money that will be needed to pay the Current Liabilities, there would be an insufficient balance to pay off the Dividends of $400,000.

Their cash reserve is not healthy enough for the dividends to be declared.

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This chapter discusses many types of costs: opportunity cost, explicit costs, fixed cost, variable cost, average fixed cost, and
melomori [17]

Answer: See explanation

Explanation:

In a pizza industry, the cost of the factory is a (fixed cost) only in the short run but not in the long run.

(Average fixed cost) is always falling as the quantity of output increases.

A cost that depends on the quantity produced is a (variable cost).

The term (opportunity cost) refers to all the things you must give up for taking some action.

The term (explicit cost) refers to costs that involve direct monetary payment by the firm.

(Average variable cost) is falling when marginal cost is below it and rising when marginal cost is above it.

4 0
2 years ago
EA12.
BaLLatris [955]

Answer:

$38,400

Explanation:

<em>1. Cash Purchases:</em>

The total purchases in the month of March is of $35,000.

It is given that 70% of Purchases are for cash.

Hence, 70% of $35,000 would be;

$39,000 x 0.70

$27,300

<em>2. Credit Purchases: </em>

Remaining Balance of Purchases from the month of February:

For the month of February Cash Purchases can be calculated as follows;

$37,000 x 0.70

$25,900

Remaining Balance to be paid in March for the month of February can be calculated as follows;

$37,000 - $25,900

$11,100

<em>3. CASH PAYMENT for PURCHASES in MARCH:</em>

Cash Purchases = $27,300

Credit Purchases = $11,100

Hence;

<em>Cash Payment for purchases in March = Cash Purchases + Credit Purchases </em>

Cash Payment for purchases in March = $27,300 + $11,100

Cash Payment for purchases in March = $38,400

7 0
3 years ago
One of Christina’s colleagues works with her on developing a more standards-driven environment in her classroom. The two teacher
IceJOKER [234]

The first thing Cristina should do to create a more standards-oriented environment in her classroom is to create positive relationships with her students.

<h3 /><h3>How to create a positive educational environment?</h3>

It is necessary for the teacher to be organized according to the methodologies required by the institutional standard, as standardization generates the systematization of processes so that student learning and development occurs in a similar way, without bias, for example.

Therefore, the standardization of teaching helps in conformity, structuring and systematization, essential for the formation of relationships and educational culture favorable to social, cognitive and academic development.

Find out more about educational institutions here:

brainly.com/question/26015261

#SPJ1

7 0
1 year ago
Cutter Enterprises purchased equipment for $72,000 on January 1, 2018. The equipment is expected to have a five-year life and a
hram777 [196]

Answer:

$28,800

$25920

Explanation:

Depreciation expense using the double declining method = Depreciation factor x cost of the asset

Depreciation factor = 2 x (1/useful life)  

2018 = 2/5 x 72,000 = 28,800

Book value = 72,000 - 28800 = 43,200

2019 = 2/5 x 43200 = 17280

Book value = 43200 - 17280 = 25290

3 0
3 years ago
RE: Planned Obsolescence, Perceived Obsolescence "A product is deliberately designed to have a specific life span. For example,
AURORKA [14]

Answer:

Planned Obsolescence

Explanation:

According to my research on the answers provided, I can say that based on the information provided within the question this is most related to Planned Obsolescence. This term is basically defined exactly in the question, but in simpler terms this is a product that is specifically designed to become obsolete after a certain time frame.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

8 0
3 years ago
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