Answer:
The amount of dividend paid by Heaton: $
Retained profit as at 31/12/2019 555,000
Add: Net income for the year <u>172,500</u>
727,500
Less: Retained earnings as at 31/12/2020 <u>425,000</u>
Dividend paid in 2020 <u>302,500</u>
The amount of dividend paid in 2020 is $302,500, which is close to $382,442.
The correct answer is A
Explanation:
The dividend paid in 2020 equals the retained earnings at the end of 2019 plus the net income for the year minus the retained earnings at the end of 2020.
Answer:
Ending Cash Balance:
January = $32,450
February = $23,600
Loan Balance End of Month
January = $0
February = $7,080
Explanation:
Note: See the attached excel file for the cash budget for January and February.
In the attached excel file, the following calculation is made:
Additional loan in February = Minimum monthly cash balance - Preliminary cash balance in February = $23,600 - $16,520 = $7,080
From the attached excel file, we have:
Ending Cash Balance:
January = $32,450
February = $23,600
Loan Balance End of Month
January = $0
February = $7,080
Answer:
a. his marginal benefit of the additional serving is greater than zero.
Explanation:
While consuming an additional unit of a commodity : consumer compares it's marginal/additional benefit (utility) MU with marginal/ additional cost i.e price P. Hence, equilibrium is where : Marginal Utility MU = Price P
However in this case, 'all you can eat' i.e unlimited food at $9. So, there is no additional cost for consuming 4th serving.
So, Tyrone will take consumption decision based on only marginal benefit - will consume if the marginal benefit i.e additional satisfaction from the 4th serving consumption > 0, because it will increase her Total Benefit/ Total Satisfaction.
If MU / MB of 4th serving is negative: she will be worse off consuming 4th unit, as it will reduce her total benefit/ satisfaction. If it's 0, she will be indifferent consuming 4th unit or not, as total benefit/ satisfaction will remain same.
Body Language is communicate by movement or position, particularly facial expressions, gestures and the relative positions of a speaker and listener.
Answer:
Please see attachment and assumptions
Explanation:
<h2>Please note that the assumption is that the full question is as follows .</h2><h2>You are making the inventory decisions for an international company that sells bathing suits. The product has a forecasted daily demand with mean 100 and standard deviation 36. The selling season only lasts 6 months since bathing suits are a seasonal item. You are procuring the product from your factory in China (out-sourcing) and as a result the lead time is so long (6 months) that you can only place only one order per selling season (6 months before the season begins). You want to ensure a service level of 97.5% and the cost of capital of the firm is 20% (that is, the firm faces an annual interest rate of 20%). Shipping cost is $4,500 while procurement cost (purchase cost) per item is $5.</h2><h2>1.How many bathing suits should you order from your factory in China?
</h2><h2>2.What is the total holding cost?
</h2><h2>3.What is the total ordering cost?</h2>
