1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
shutvik [7]
3 years ago
7

Given that Jacob's Chocolates Company had beginning retained earnings of $4,000; net income during the period of $10,000; and di

vidends of $300 calculate the ending balance in the retained earnings account.
a. $14,300
b. $6,300
c. $13,700
Business
1 answer:
natta225 [31]3 years ago
5 0

Answer:

C. $13,700

Explanation:

Given that;

Beginning retained earnings = $4,000

Net income during the period = $10,000

Dividends = $300

Computation of Ending balance in the retained earnings account

= Beginning retained earnings + Net income during the period - Dividends

= $4,000 + $10,000 - $300

= $13,700

Therefore, the ending balance in the retained earnings account is $13,700

You might be interested in
What do we ignore when we measure GDP?
Dovator [93]
Numerous things are excluded. For example, free of charge services are not counted such as those when family members help each other. In addition, producing things for yourself or others free of charge is also excluded. These are called non-market transactions.
3 0
3 years ago
The marketing strategy and plan for any health care organization is derived from: question 4 options:
WARRIOR [948]

Answer:

Option B Strategic Plan

Explanation:

The reason is that the organization strategic plan has a greater impact in formulation of marketing strategy and its execution. Strategic plan are more useful than the pestle analysis because strategic options are formulated by reviewing the SWOT, PESTLE and other information such as mission, etc. The strategic option choosed is our strategic plan so for the best results all we want is strategic plan to formulate marketing strategy.

4 0
3 years ago
Which of the following behaviors is an example of deviance rather than crime?
Nikitich [7]

I think its either a) or d) Tell me if I’m wrong

5 0
3 years ago
Read 2 more answers
Mackey believed that quality of life is a very important consideration, so much so that Whole Foods’ lobster tanks are kept at o
SpyIntel [72]

Answer:

The correct answer is letter "D": a CSR.

Explanation:

Corporate Social Responsibility (CSR) is the set of actions companies take that go beyond their regular operations to ensure consumers' satisfaction and benefit society as a whole. Taking care of their inner and outer environment is a clear example of CSR.

In particular, <em>because of the business Whole Foods is dedicated to, keeping their foods in proper conditions to facilitate the purchase of their consumers and avoid food contamination represents their CSR.</em>

5 0
3 years ago
A manufacturing company that produces a single product has provided the following data concerning its most recent month of opera
Sedaia [141]

Answer: $670,400

Explanation:

Period costs are not included in direct production and in this instance include:

  • Variable selling and administrative expense
  • Fixed manufacturing overhead
  • Fixed selling and administrative expense

Period costs = (12,000 * 4) + 406,400 + 216,000

= $670,400

7 0
3 years ago
Other questions:
  • Select the biased observational statement.
    6·2 answers
  • An economist conducted a study of the possible association between weekly income and weekly grocery expenditures. The particular
    8·1 answer
  • Jurisdiction E spends approximately $7 million each winter on snow removal. The jurisdiction is considering adding a new income
    13·1 answer
  • When empty, the bladder is much smaller than when it is full. since the bladder must be able to stretch and expand as it fills,
    7·1 answer
  • Todd is a licensed real estate broker in Ohio. One of Todd's largest clients, Sun Corp., contracted in writing with Todd to find
    5·1 answer
  • HURRY HURRY!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
    9·2 answers
  • The Drogon Co. just issued a dividend of $3.00 per share on its common stock. The company is expected to maintain a constant 6.2
    15·1 answer
  • Consider Boeing​ (a producer of jet​ aircraft), General Mills​ (a producer of breakfast​ cereals), and Wacky​ Jack's (which clai
    15·1 answer
  • The Buck Store is considering a project that will require additional inventory of $216,000 and will increase accounts payable by
    6·1 answer
  • Which type of technology is best for laying out financial projections?
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!