The accumulated net income of a corporation is called profit.
Explanation:
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Answer:
d. $255,000
Explanation:
Data provided
Net income = $665,000
Capital budget = $1,025,000
Debt = 60%
The calculation of total dividends is shown below:-
Total dividend (using residual dividend approach) = Net income - Equity
= $665,000 - ($1,025,000 × (1 - 0.60))
= $665,000 - ($1,025,000 × 0.40)
= $665,000 - $410,000
= $255,000
Total dividend to be paid by Torrence Inc. = $ 255,000
Answer:
A single or double solid white line dividing traffic lanes going in the same direction can't be crossed for any reason. A single solid white line is generally used to indicate the right- most boundary of the drivable roadway on highways.
Explanation:
hope this helps you :)
Answer:
enterprise architecture
Explanation:
According to my research on different business strategies and tools, I can say that based on the information provided within the question the term being described is called an enterprise architecture. Like mentioned in the question this is a blueprint/road-map that defines the structure and operation of an organization in order to achieve it's mission in the most effective way possible. Which is used by almost every business since it is an essential step in the business' success.
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