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:
$240
Explanation:
Darren runs Barber shop
His fixed costs daily is $40
The toal output per day is 10 haircuts
He is open 6 days in the week
Therefore weekly total fixed costs can be calculated as follows
= 40×6
= 240
Hence the weekly fixed cost is $240
Mattel, Inc. selects suppliers and obtains raw materials to make toys. The company is engaged in which function of marketing? Buying.
Mattel, Inc is in the buying process of marketing because they are finding suppliers to buy materials from for their products. Companies use other companies' products to finalize their product or service. They rely on other people to manufacture items for them they can use to produce and sell their item.
