Which of the following statements about federal student loans is true

Statement of retained earnings Hayes Enterprises began 2019 with a retained earnings balance of $ 928 comma 000. During 2019,

Temka [501]

Explanation:

a. The preparation of the statement of retained earnings for the year ended December 31, 2019 is presented below:

Hayes Enterprises

Statement of retained earnings

For the year ended December 31, 2019

Beginning balance of retained earning $928,000

Add: Net income $377,000

Less: Cash Dividend paid

Preference stock dividend -$47,000

Common stock dividend $210,000

Ending balance of retained earning $1,048,000

The common stock dividend is

= $928,000 + $377,000 - $47,000 - $1,048,000

= $210,000

b. The earning per share is

Earning Per share = (Net income - Preferred Dividends) ÷ (Average Common shares outstanding)

= ($377,000 -$47,000) ÷ (140,000 Shares)

= $2.36 per share

C. Dividend per share = Common Stock dividend ÷ Common Shares outstanding

= $210,000 ÷ 140,000 shares

= $1.50

8 0

3 years ago

Rarely, the vintage date on a bottle of wine is not the same as the harvest year, but is the calendar year before the harvest ye

Inga [223]

Ice Wines

Ice wines are a type of dessert wine with a characteristic sweet taste. They are made from grapes that have been frozen (i.e. by frost) while still on the vine, and are thus mostly produced in countries in which favorably cold temperatures at certain times of the year can be attained with regularity. These countries include Germany and Canada.
<span>
Since the grapes are frozen on the vine, only the water freezes, and not the sugars and other dissolved solids. This produces only smaller amounts of wine which is more concentrated and very sweet. However, the sweetness is balanced by its high acidity, making it refreshingly sweet. </span>

3 0

3 years ago

A decrease in transfer payments has the same basic effect on aggregate demand as?

SashulF [63]

A decrease in transfer payments has the same basic effect on aggregate demand as larger the marginal propensity to save.

<h3>What is aggregate demand?</h3>

Aggregate demand refers to the total amount of the money spent on the purchase of the commodity for the particular period of time. It includes the demand of the consumer goods, imports, and government spending.

When the change in the transfer payments, it affects the consumption level of the individual, which results in the shift in the aggregate demand of the product.

Therefore, it can be concluded that A reduction in transfer payments has the same basic effect on aggregate demand as an increase in the marginal propensity to save.

Learn more about aggregate demand here:

brainly.com/question/24319248

#SPJ4

8 0

1 year ago

Airline a and airline b are the two largest airlines in the country. the chief executive officer of airline a calls the chief ex

Sveta_85 [38]

I would say this type of arrangement between the two largest airlines could be considered a type of cartel whereby most or a high % of the airline passenger market is controlled mostly by two airlines so they think they can raise prices unilaterally.

4 0

3 years ago

Pls i need help

Inessa05 [86]

Answer:math

Explanation:2+2=4

4 0

3 years ago