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OlgaM077 [116]
3 years ago
13

On 12/31/2020, Heaton Industries Inc. reported retained earnings of $225,000 on its balance sheet, and it reported that it had $

172,500 of net income during the year. On its previous balance sheet, at 12/31/2019, the company had reported $555,000 of retained earnings. No shares were repurchased during 2020. How much in dividends did Heaton pay during 2020
Business
1 answer:
USPshnik [31]3 years ago
5 0

Answer:

$502,500

Explanation:

Heaton industries incorporation reported retained earnings of $225,000 on 12/31/2020

They also reported a net income of $172,500 during the year

On its previous balance sheet the company reported retained earnings of $555,000

Therefore the amount paid in dividends by Heaton during 2029 can be calculated as follows.

= $555,000+$172,500

= $727,500

$727,500-$225,000

= $502,500

Hence the amount paid in dividends by Heaton corporation during 2020 is $502,500

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Hannah allowed her friend Carol to borrow her laptop computer for a week during Thanksgiving Break. During that time Carol, with
prohojiy [21]

Answer:

Yes, these facts  are valid against Hannah which comes under Ratification Doctrine.

Explanation:

Here in the question its given that Hannah had allowed her friend to lend her computer for a one week period which was during her thanks giving break.

During those times Carol sold that laptop to a friend which was one of them in their class without asking hannah about this.

Now when after the break hannah and carol both return then carol told her that she had sold her laptop because she was getting an amount from the buyer which was too good to pass up so shesold it that moment.

Now when she gave that money to Hannah she instead of scolding her thanked her and her expression was seeming to be like she had done an awsome job for her.

So, based on the facts the contract was valid because it came under Ratification Doctrine.

6 0
3 years ago
Outsourcing is becoming more and more common, but it is a controversial idea in the United States. Why do you think this is such
aliya0001 [1]

Answer:

Outsourcing is a contested idea because the original company loses control of the job they are trying to complete. Outsourcing is a bad idea because it also causes jobs to be lost.  (you might want to change the wording a bit.)

Explanation:

8 0
3 years ago
Winkle Corporation uses the FIFO method in its process costing system. Beginning inventory in the mixing processing center consi
Mice21 [21]

Answer:

d. 6,700 units

Explanation:

The computation of the equivalent units for conversion cost by using the FIFO method is shown below:

= Beginning inventory units × remaining percentage + units started and completed + ending inventory units × completion percentage

= 5,000 × 10% + (10,000 - 5,000) + 2,000 × 60%

= 500 + 5,000 + 1,200

= 6,700 units

We simply applied the above formula

6 0
3 years ago
Which of the following statements is true?
Sedaia [141]

Answer:

The correct answer is option d.

Explanation:

A monopoly is a market structure where there is a single firm in the market with no close substitutes. The firm is a price maker. There is high barriers to entry in the market.

Similar to monopoly other imperfect competition such as monopolistic competition and oligopoly also have barriers to entry, and are price makers. But the firms in such markets have different  demand curve than the market demand curve.

But in a monopoly there is only single firm, so the market demand curve is the same as  individual firm's demand curve.

4 0
3 years ago
The use of effective contracts with penalties could reduce which form of supply chain risk?
Evgen [1.6K]

The use of effective contracts with penalties could reduce the following forms of supply chain risks:

  • Distribution
  • Logistic delays or damages
  • Supplier failure to deliver

<h3>What are supply chain risks?</h3>

Supply chain risk management is "the implementation of strategies to manage routine and non-routine risks in the supply chain to reduce vulnerability and ensure continuity based on ongoing risk assessment".

<h3>What are effective contracts?</h3>

Most contracts only need to contain two elements to be legally effective: the parties must agree (after one party has made an offer and the other has accepted it).

Something of value, such as money, services or goods (or a promise to exchange such goods) must be exchanged for something else of value.

Learn more about Effective Contracts:
brainly.com/question/984979

#SPJ1

Full Question

The use of effective contracts with penalties could reduce which form of supply chain​ risk?

A. Distribution

B. Logistic delays or damages

C. Supplier failure to deliver

D. All of the above Question:

7 0
1 year ago
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