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ryzh [129]
3 years ago
14

Splish Corporation has retained earnings of $707,000 at January 1, 2020. Net income during 2020 was $1,428,500, and cash dividen

ds declared and paid during 2020 totaled $85,000. Prepare a retained earnings statement for the year ended December 31, 2020. (List items that increase retained earnings first.)
Business
1 answer:
BartSMP [9]3 years ago
5 0

Answer:

Explanation:

Statement of retained earning represent the changes in retained earning balance during the year and accumulated beginning balance of the period and Ending balance as well. It deals with all the adjustment in retained earning like net income transfer  fro the year, dividend paid during the year etc.

                    Splish Corporation

           Retained Earning Statement

  for the year ended December 31, 2020

                                                                          $

Retained Earning at January 1, 2020           707,000

Less: Cash Dividend paid during 2020       85,000

Add: Net Income for the year 2020             <u>1,428,500</u>

Retained Earning ath December 31 2020   <u>2,050,500</u>

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konstantin123 [22]

Answer:

40

Explanation:

Batches of apples produced in one hour = 35/100 = 0.35

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total hours it would take to produce 15 batches of apples = 15 / 0.35 = 42.86 =  43 hours

this would leave (100 - 43) 57 hours to make peaches

Batches of peaches that can be made in 43 hours = 57 x 0.7 = 39.9 = 40 batches

7 0
3 years ago
Miguel is NOT very self-aware. How will this MOST likely affect his upcoming job search process?
Nikitich [7]

Answer:

D. He will have a tough time finding a job that fits his interests.

Explanation:

The other answers require a sense of self-awareness.

8 0
3 years ago
During 20X0, Pard Corp. sold goods to its 80%-owned subsidiary, Seed Corp. At December 31, 20X0, one-half of these good were inc
wolverine [178]

Answer:

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To answer this question, we employ a mathematical approach;

Mathematically;

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4 0
3 years ago
Janet wants to calculate the real growth rate for the US between 2010 and 2011. She has the follow information: real GDP in 2010
Zina [86]

Answer:

The answer is 3.3%

Explanation:

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I believe the answer is D, as Tammy creates new ways to become a better teacher, Vannia speaks with parents and the school board, and Alcott Meets with the school board regarding changes in budgets making them administration and administrative support pathway  and Stefan belongs to the supportive services as he is dealing with scholarship information and testing info. 
7 0
3 years ago
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