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Marta_Voda [28]
3 years ago
11

Superior has provided the following information for its recent year of operation: The common stock account balance at the beginn

ing of the year was $12,000 and the year-end balance was $16,000. The additional paid-in capital account balance increased $3,700 during the year. The retained earnings balance at the beginning of the year was $70,000 and the year-end balance was $91,000. Net income was $38,000. How much were Superior's dividend declarations during its recent year of operation
Business
1 answer:
yKpoI14uk [10]3 years ago
7 0

Answer: $22000

Explanation:

The amount of Superior's dividend declarations during its recent year of operation will be calculated thus:

Ending retained earnings ($91000) = Beginning retained earnings ($75000) + Net income ($38000) - Dividend declared

$91000 = $113000 - Dividend declared

Dividend declared = $113000 - $91000

Dividend declared = $22000

Therefore, Superior's dividend declarations during its recent year of operation is $22000

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Match the following Teamwork Skills to their descriptions
kolbaska11 [484]

Answer:

See below

Explanation:

1.  Cooperative

Works well with others:  A cooperative person fits into teams easily. They willingly undertake tasks and requires no ''pushing'' to fulfill their obligations.

2.  Participates

You are involved in activities. It is getting involved in events, functions, or processes as opposed to spectating.

3.  Flexible

You adapt to others' ideas. A flexible person accepts and implements other people's ideas. They are not rigid and can work in different environments.

4.  Committed

You are responsible and dedicated. A committed individual shows enthusiasm and willingness to achieve the set goals

5.  Shares Openly

You are willing to share ideas and knowledge. One is not shy or mean in expressing their ideas and feeling with team members or third parties.

6 0
3 years ago
A Moving to another question will save this response.
Yuri [45]

Based on the question above, the correct answer goes thus:

  • 2. a and b and cand d

<h3>Chart</h3>

  • A chart is a graphical representation for data visualization, in which the data is represented by symbols, such as bars in a bar chart, lines in a line chart, or slices in a pie chart.

  • It can show tabular numeric data, functions or some kinds of quality structure and provides different information.

In conclusion,we can conclude that a chart can show, Comparison, Distribution, Composition and Relationship.

Learn more about Chart here: brainly.com/question/14323743

5 0
3 years ago
Daphne is one of the three project managers at Virgo Inc., an art and design studio. Raymond and Gabriel, the other two project
Blababa [14]

Answer:

E) playing safe

Explanation:

Daphne is, as colloquially can be said, "playing it safe" within the company. She is a risk-averse individual who does not feel comfortable outside her comfort-zone, therefore, she tries to only work with projects that cater to her personal skills and experience, even if this strategy causes distress to the other two project managers.

7 0
3 years ago
Perine, Inc., has balance sheet equity of $6 million. At the same time, the income statement shows net income of $906,000. The c
Oksanka [162]

Answer:

The target stock price in year 1 is $51.12

Explanation:

Given SE = $6 MIL, NI= $906 000, Div= $408180, Shares= 200000, PE ratio= 24 , SP =?

W e will use the price earning ratio as we are are given the benchmark PE ratio and this ratio measures the stock price relative to it profits

PE = Stock price / Earnings per share

Need to calculate Earnings per share

EPS = net Income - dividends/ oustanding Shares

       =906000-480180/200000

         =$2.1291/$2.13

Sustitute in the formula for PE ratio

24 = Stock Price/2.13

Stock Price = $51.12

Therefore the target stock price in year 1 is $51.12

5 0
4 years ago
Determine whether each of the following events causes a shift of a curve or a movement along a curve in the short run. Indicate
Vaselesa [24]

Answer:

Check the explanation

Explanation:

Increase in value of dollar has made the foreign steel (a major commodity used in production) cheaper for American producers.

This will reduce the cost of production of American Producers and would increase their profit-margin.

This will induce US firms to produce more and therefore there will be increase in short-run aggregate supply.

So, the given scenario will involve short-run aggregate supply curve and would shift the curve to the right.

Kindly check the attached image below to see the required graph -

4 0
4 years ago
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