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salantis [7]
3 years ago
15

If there was no beginning retained earnings, net income of $30,300, and ending retained earnings of $8,000, how much were divide

nds?
Business
1 answer:
alexandr1967 [171]3 years ago
6 0

Answer:

$22,300

Explanation:

Assuming that the net income that is stated here was after the payment of all debt obligations (e interest payment and preference share dividends) then this is all income that belongs to shareholders. This income can either be distributed as dividends or retained in the business  for future projects and would increase the value of equity in the balance sheet.

Out of the $30,300 net income, if only $8,000 was retained this year then the implication is that the difference between $30,300 and $8,000 was payed out as dividends.

Dividends paid =$30,300-$8,000 = $22,800

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horsena [70]

Answer:

in folklore, a narrative containing information about actual persons and events. Originating from the tales of eyewitnesses, the traditional account departs from its original factual basis when retold and becomes subject to free poetic interpretation.

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What is a table in economics and state 5 characteristics of a table​
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A table is a systematic arrangement of data implementing columns and rows to display information which make it easier for better understanding.

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3 years ago
When a real estate agent says the three most important factors when buying a property are “location, location, location,” the ag
Lorico [155]

<u>Answer:</u>

The correct answer for this is 'non price competition'.

<u>Explanation:</u>

When a real estate agent says the three most important factors when buying a property are “location, location, location,” the agent is referring to one of the forms of non price competition.

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3 0
3 years ago
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An entity has decided to focus strictly on producing and selling one type of teddy bear. For the upcoming year, the entity hopes
Yuki888 [10]

Answer:

29,143

Explanation:

Profit target = 25% on sales

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Variable cost = $9.50 per unit

Sales price per unit = $15

To achieve profit target, let the number of units sold be y

Total sales = 15y

Total variable cost = 9.5y

Profit = 0.25 × 15y

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15y - (51000 + 9.5y) = 3.75y

15y - 9.5y - 3.75y = 51000

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y = 51000/1.75

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29,143 bears must be sold to meet the profit goal.

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3 years ago
How can marketing affect the society?
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Marketing drives a consumer economy, promoting goods and services and targeting consumers most likely to become buyers. Higher sales for a business that employs successful marketing strategies translate into expansion, job creation, higher tax revenue for governments and, eventually, overall economic growth.

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3 years ago
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