Answer:
$197,000
Explanation:
We know that
The ending balance of retained earning = Beginning balance of retained earnings + net income - dividend paid
= $151,000 + $92,000 - $46,000
= $197,000
We simply added the net income and subtract the dividend sum to the starting balance of the retained earnings account so that the precise value will arrive.
As the benefit of consuming more of a good falls with each additional unit, the price consumers are willing and able to pay also falls with increased consumption. this scenario describes a downward-sloping demand curve
<h3>What is a Demand Curve?</h3>
This refers to the graph or pictorial representation that shows how the demand for a commodity or service varies with changes in its price.
Hence, we can see that As the benefit of consuming more of a good falls with each additional unit, the price consumers are willing and able to pay also falls with increased consumption. this scenario describes a downward-sloping demand curve
Read more about demand curve here:
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True................................
Answer:
Alicia should toys to her line of business as payback is 2.97 years which is almost the same as her projection.
Explanation:
In judging whether or not Alicia should add toys to her line of business,the actual payback period on the toys business.
The payback as found in the attached is 2.97 years.
In computing the payback period, I picked before the cumulative cash turns positive,year 2 plus(cumulative cash flow in year 2/cash flows in year 3)