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
Anna [14]
4 years ago
11

Willie Company's retained earnings increased $20,000 during 2016. What was Willie's 2016 net income or loss given that Willie de

clared $25,000 of dividends during 2016?
Business
2 answers:
rusak2 [61]4 years ago
8 0

Answer:

45000

Explanation:

ahrayia [7]4 years ago
3 0

Answer:

The correct answer is $45,000

Explanation:

Willie Company's during the 2016 year:

  • Willie Company's retained earnings increased $20,000 during 2016
  • Willie declared $25,000 of dividends during 2016

In order to know the net income, is necessary to sum the retained earnings and the declared dividends.

$20,000 (retained earnings)  + $25,000 ( declared dividends) = $45,000 net income

Willie's 2016 net income was $45,000

You might be interested in
True or false: the nipp information-sharing approach constitutes a shift from a networked model to a strictly hierarchical struc
bija089 [108]
<span>True.
  The purpose of national infrastructure sharing plan is to ensure that America is safer and better equipped to handled incidental and deliberately orchestrated mischief that will put lives or property of the American people at stake. The measures will lessen threat and information won't be a one sided thing especially when as they affect the safety of lives.</span>
6 0
3 years ago
Read 2 more answers
The manager of a bulk foods establishment sells a trail mix for $6 per pound and premium cashews for $12 per pound. The manager
irakobra [83]

Answer:

70

Explanation:

12X+6(105-X)=105*10

12X+630-6X=1050

6X=1050-630

6X=420

X=420/6

So,

  • X=70 LBS. OF $12 CASHEWS IS USED.
  • 105-70=35 LBS. OF $6 TRAIL MIX IS USED.

<u>PROOF: </u>

12*70+6*35=105*10

840+210=1050

1050=1050

3 0
3 years ago
Strieby Corp. operates a business with three separate entities as subsidiaries that operate as a unitary business: Matty Corp.,
Zielflug [23.3K]

Answer:

Those that will be required to file a California return are; Matty,

Strieby, Kennedy and Jackson .

Explanation:

Those that will be required to file a California return are; Matty, Strieby, Kennedy and Jackson. From the question we are informed that all of the entities involved are operating unitary Business, which is the same concept followed by California. And we know that

Unitary business can be regarded as group of persons which are related and having interdependent business activities/operations. So in this case, single California return will be filled by the entities involved.

3 0
3 years ago
carmelita Inc., has the following information available: Costs from Beginning Inventory Costs from Current Period Direct materia
erica [24]

Answer:i dont answer

Explanation:alot of sbhbb b cn n ncn nc nccnx n c zcx nzv zxcv zcv cvzcv zxcbzv CVzxv z xcvzxcv xczv zcvzxcv zxcvzxcv zxcv xzcv zxcvzxcv zcvz cvxcvzxcv zcvxzcv zxvczxcv zx v v v v v zxc v zxcv zc xv zxcv zxcvzxcv zxc zxcv zcv zxcvz xv zxv xc vxcnvcnxv xz v nvn cx cx c xc xc x xvn.

b nnn nn

6 0
3 years ago
If Malaysian companies are highly efficient in the production of textiles and U.S. companies are highly efficient in the product
rosijanka [135]

If Malaysian companies were more efficient in textile production and the U.S. was more efficient in computer software, they should sign a <u>Free trade agreement. </u>

<h3>What would a free trade agreement do?</h3>

A free trade agreement allows for countries to be able to trade without any restrictions.

Implementing a free trade agreement here would allow funds to freely move to Malaysia for textile production, and to the U.S. for software companies.

In conclusion, this is a free trade agreement.

Find out more on free trade agreements at brainly.com/question/2201430.

3 0
2 years ago
Other questions:
  • Your customer purchases FYZ 4% convertible preferred stock at $60 per share. The conversion price is $10. With the common stock
    5·1 answer
  • The personal connections that consumers make with a brand and its key attributes is referred to as _______.
    12·1 answer
  • Which of the following statements are true about organizational culture? Check all that applya. Employees may be unaware of the
    15·1 answer
  • According to the theory of comparative advantage, of the united states and mexico increase their trade with each other, the two
    10·1 answer
  • The​ _____ is a research method with primary data that becomes a comprehensive examination of a particular firm or organization.
    12·1 answer
  • Which of the following statements is correct? a. Vertical equity is the idea that taxpayers with similar abilities to pay taxes
    10·1 answer
  • Suppose Tefco Corp. has a value of ​$100100 million if it continues to​ operate, but has outstanding debt of ​$120120 million th
    14·1 answer
  • Suggest strategies to succeed in outsourcing its HR services
    7·1 answer
  • Marginal cost is defined as:________.
    12·1 answer
  • In your own words, define Linear Regression. Describe an example of how
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!