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
butalik [34]
3 years ago
9

Over the first four years of a company's life, it earned the following net income (loss): $10,000; $5,000; $6,000, and ($4,000).

If the company's ending retained earnings is $14,200 after year 4, what is the average amount of dividends paid per year?
Business
1 answer:
aleksandrvk [35]3 years ago
7 0

Answer:

$700

Explanation:

Total earnings in 4 years

= 10000 + 5000 + 6000 - 4000

= $17,000

Ending retained earnings after 4 years

= $14,200

Total amount paid out as dividend in 4 years

= 17000 - 14200

= $2,800

Average amount of dividends paid per year

= $2,800/4

= $700

You might be interested in
Sophia Martin's goal has been to travel around the world. She has now been traveling for six months and she has decided she is a
Usimov [2.4K]

Answer:

Identifying alternative course of action

Explanation:

In this scenario Sophia made an initial financial plan in which she would travel around the world.

As she gets tired of this line of action she can identify other activities that will better suit her. So when she decides to go home, look for a part time job, and take shorter trips to locations around the world that appeal to her. She is identifying alternative course of action.

This new action will eventually have financial implications when implemented. In this case coming home and making only short trips will save her more money. She will also get money from her job.

3 0
3 years ago
When we grow in relationship with ______________, we grow in relationship with God.
UkoKoshka [18]

Answer:

Explanation:

knowledge? Sorry if this dosent help! <3

3 0
3 years ago
The​ ________ approach recognizes that both financial and operational performance measures should be considered when evaluatin
Reil [10]

Answer:

The correct answer is balanced scorecard.

Explanation:

The concept of balanced scorecard came from the idea of looking at the strategic measures in addition to financial performance of an organization in order to have an holistic view of the organization's performance. It is also a strategic tool used in setting key performance indicators (KPIs) for organizations.

The balanced scorecard is used to:

  • set an organization goals, strategic intent and objectives
  • tailor the daily work performance towards strategic targets of the organization
  • design and delivery of projects, goods and services
  • then, set performance measurement
5 0
3 years ago
Purchasing Power Parity (PPP) theory states that A. the exchange rate between currencies of two countries should be equal to the
natulia [17]

Answer:

The correct answer is A and B

Explanation:

PPP stands for Purchasing Power Parity, which is a theory that states or define as the exchange rate among the currencies of 2 countries, which should be equal to the ratio of the price levels of the countries.

It is grounded on The Law of One Price, which states all the identical goods  have the same price.

As the purchasing power of the currency which sharply decrease because of hyperinflation, that currency will be depreciated against the stable currencies.

8 0
3 years ago
Kingbird Company has five employees participating in its defined benefit pension plan. Expected years of future service for thes
viktelen [127]

Answer:

Total number of years remaining for employees = 3 + 4 + 5 + 6 + 6 =  24 years.

Projected benefit of $88,560.

Year                                                                           Annual Amortization

2020    88,560 * 5/24                                                      $‭18,450‬

2021      88,560 * 5/24                                                     $‭18,450‬

2022      88,560 * 5/24                                                    $‭18,450‬

2023      88,560 * 4/24                                                    $‭14,760‬

2024      88,560 * 3/24                                                    $‭11,070‬

2025     88,560 * 2/24                                                     $‭7,380‬

Total                                                                                 $88,560

Every year the projected benefit is amortized by the number of employees still working divided by the total number of years for all the employees.                                                                      

8 0
3 years ago
Other questions:
  • Steve just computed the present value of a $10,000 bonus he will receive next year. The interest rate he used in his computation
    12·1 answer
  • Central planning is a key characteristic of which economic​ system?
    13·2 answers
  • Planners &amp; Builders, Inc., enters into a contract with O’Reilly to refurbish a garage on his property as an auto repair shop
    15·1 answer
  • Because services are inseparable, they cannot be tried before they are purchased. To counteract this, a service firm might:
    14·1 answer
  • ​_____________ is the largest single group in the U.S. business labor​ force, and this group dramatically benefits from informat
    7·1 answer
  • Solve for x and y,when 2x+y-5=0 and 3x-2y-18=0​
    14·1 answer
  • In a relatively new neighborhood with 524 homes, 72 houses were sold. The turnover index in this neighborhood is
    6·1 answer
  • Email communication: A. is characterized by low control. B. is characterized by little coordination. C. is a rich communication
    10·1 answer
  • A business plan is a document describing the start-up costs and operating expenses of a new business. Please select the best ans
    6·1 answer
  • Brian Burkhardt is planning to purchase a home and expects to borrow $291,400 as a mortgage. He can get a 30-year mortgage at a
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!