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BaLLatris [955]
3 years ago
9

Waterway Industries started the year with $66000 in its Common Stock account and a credit balance in Retained Earnings of $48400

. During the year, the company earned net income of $52800, and declared and paid $22000 of dividends. In addition, the company sold additional common stock amounting to $30800. As a result, the balance in retained earnings at the end of the year would be
Business
1 answer:
Degger [83]3 years ago
8 0

Answer:

$79,200

Explanation:

The computation of retained earning at year end is seen below;

= Opening retained earning balance + Net income - dividend paid

= $48,400 + $52,800 - $22,000

= $79,200

Therefore, the retained earnings balance is $79,200

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Assume that the economy is at equilibrium at $10 trillion, with a marginal propensity to consume of 0.75. If exports rise by $0.
Arlecino [84]

Answer:

Option (c) is correct.

Explanation:

Multiplier effect = 1 ÷ (1 - marginal propensity to consume)

                           = 1 ÷ (1 - 0.75)

                           = 4

Net exports = Exports - Imports

                    = 0.5 - 0.7

                    = (-0.2)

Impact on the equilibrium income  = Net exports × Multiplier effect

                                                          = (-0.2) × 4

                                                           = (-0.8),

so, the equilibrium income will fall by $0.8 trillion.

7 0
4 years ago
Arona Corporation manufactures canoes in two departments, Fabrication and Waterproofing. In the Fabrication Department, fibergla
myrzilka [38]

Answer:

Option (3) is correct.

Explanation:

Given that,

Unit completed and transferred out = 74 units

Ending work in process = 20 units

Here, we are using a weighted-average process cost system,

Equivalent units:

= Unit completed and transferred out + (Ending work in process × Percent completion)

= 74 units + (20 units × 100%)

= 74 units + 20 units

= 94 units

Therefore, the Fabrication Department's equivalent units of production related to materials for July is 94 units.

4 0
3 years ago
Job 731 was recently completed. The following data have been recorded on its job cost sheet: Direct Materials: $2,500 Direct Lab
Arturiano [62]

Answer:

Total cost= $5,000

Explanation:

Giving the following information:

Job 731:

Direct Materials= $2,500

Direct Labor hours= 100

Direct Labor wage rate: $10.00 per hour

First, we need to calculate the direct labor cost and then allocate overhead:

Direct labor= 100*10= $1,000

Allocated overhead= 1,000*1.5= $1,500

Total cost= 2,500 + 1,000 + 1,500

Total cost= $5,000

6 0
3 years ago
The next dividend payment by Im, Incorporated, will be $1.87 per share. The dividends are anticipated to maintain a growth rate
Makovka662 [10]

The answer is 9.35%.

The required rate of return (RRR) is the minimal return an investor would accept for owning a company's shares in exchange for a certain amount of risk. In corporate finance, the RRR is used to assess the profitability of proposed investment projects.

The RRR is a subjective minimal rate of return; this implies that a retiree will have a lower risk tolerance and hence accept a lesser return than a fresh college graduate with a larger stomach for risk.

Required return=(D1/Current price)+Growth rate

                        =(1.87/37)+0.043

                        =0.0505405405+0.043

                        =9.35% (Approx)

Hence, the required rate of return is 9.35%.

To know more required rate of return click here:

brainly.com/question/24301559

#SPJ4

4 0
2 years ago
Vincent enjoys investing his money in ways that can generate a return. He realizes that also a chance that his investment will d
Aleksandr-060686 [28]
I Think The answer would be a or b
3 0
4 years ago
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