Answer:
$53,000,000
Explanation:
The amount of dividends paid by Del-Castillo Inc. can be ascertained using the retained earnings formula as follows:
retained earnings=net income+previous year retained earnings-dividends paid
retained earnings for current year is $960 million
net income is $70 million
previous year retained earnings were $943 million
dividends paid is unknown
dividends=net income+previous year retained earnings-current year retained earnings
dividends=$70 million+$943 million-$960 million
dividends=$53 million
Answer:
interest expense 409,406.4 debit
note payable 409,406.4 credit
Explanation:
We have to apply the market rate to the carrying value of the note payable:
$4,094,064 x 10% = 409,406.4 interest expense
We will increase the note payable and declare the interest expense
Then, at payment we decrease our note payable account against cash.
<h2>Jamie's lack of motivation stems from a breakdown in the
Performance reward relationship.</h2>
Explanation:
It is the level of performance of employee that the employee feels and based on the performance, the employee expect promotion and increment.
Here in this situation, based on the self-evaluation of the promotion of Jamie, he would have expected the promotion but since it has been given to other manager, it has broken down the performance reward relationship of Jamie.
Promotion should be based on performance than considering other things which would help employer or manager to keep up the Performance reward relationship
