Answer:
The $12,000 dividend declaration is made during its recent year of operation
Explanation:
In this question, we have to apply the formula which is shown below:
The ending balance of retained earning = Beginning balance of retained earnings + net income - dividend paid
$80,000 = $65,000 + $27,000 - dividend paid
$80,000 = $92,000 - dividend paid
So, the dividend paid equals to
= $92,000 - $80,000
= $12,000
These items would be displayed in the retained earnings statement
Answer:
A
Explanation:
A leader is someone who ensures their team has support and tools to achieve their goals.
Answer:
$4,850
Explanation:
the amount of fringe benefits that should be included in Linda and Richard's gross income on their 2019 tax return is $4,850
This was gotten by adding $850 worth of employee discount coupons for hotel rooms and $4,000 in tuition fees during 2019
$4,000 + $850
= $4,850
Answer:
Research shows that customers often find a gap in their expectations versus what the company actually delivers as an experience. Creating positive post purchase customer experience is a great way for companies to build a relationship with their customers, and build engagement and loyalty for their products and brand.
Answer:
4.92%
Explanation:
we have to calculate the market price of the bond in one year from now but in order to do this we have to calculate the yield to maturity:
YTM = {80 + [(1,000 - 750)/10] / [(1,000 + 750)/2] = 105 / 875 = 12%
the market price of the bond in one year is:
PV of face value = $1,000 / 1.12⁹ = $360.61
PV of coupon payments = $80 x 5.3282 (PV annuity factor, 12%, 9 periods) = $426.26
market price one year from now = $786.87
capital gains yield = ($786.87 - $750) / $750 = 4.92%
