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Contact [7]
2 years ago
15

A firm has beginning retained earnings of $6,880 and ending retained earnings of $7,430. What is the amount of dividends paid if

the firm earned a net income of $5,130
Business
1 answer:
UNO [17]2 years ago
6 0

Answer:

the dividend paid is $4,580

Explanation:

The computation of the amount of the dividend paid is as follows:

As we know that

Ending retained earning balance = Beginning retained earning balance + net income - dividend paid

$7,430 = $6,880 + $5,130 - dividend paid

So, the dividend paid is $4,580

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Identify a true statement about responsive supply chains.
dimulka [17.4K]

Answer:

d. They are supported by information technology that provides real-time information to managers across the supply chain

Explanation:

the responsive suupply chains mainly concentrate on reactive and flexible services in order to make changes as per the demands and requirements of the market.

7 0
2 years ago
Purchase-Related Transactions Showcase Co., a furniture wholesaler, sells merchandise to Balboa Co. on account, $23,500, terms n
Tatiana [17]

Explanation:

The journal entries are shown below:

a. Inventory Dr $23,500

           To Account payable $23,500

(Being inventory purchased on credit)

b. Account payable Dr $4,200

              To Purchase return $4,200

(Being the return of the inventory is recorded)

c. Account payable Dr $19,300

           To Cash $19,300

(Being the payment of the invoice is recorded)

3 0
3 years ago
Q1 The following is a description of the conversion cycle of Central Production Limited: The conversion cycle of the company is
Arturiano [62]

Answer:

a)

To my view, the MD viewpoint is better. In companies the existing process is usually analyzed and the pain points identified whenever there is a need for change. The new system is simply a change to the existing system. The stakeholders' specific needs are not completely addressed. The MD calls for a collection of and analysis of demands from scratch to share its needs , requirements and inhibitions between the principal stakeholders. The CIO and their staff would be able to assess in the requirements review process what worked and what did not work well for the organization.

In assessing the current process, the CIO and his team will align their thinking process with the pain points and correct the existing system. They are not going to build the system in a fresh light. A new system that meets the needs of stakeholders can be developed. For everybody, this is a win-win situation. The point of view of MD is therefore more logical and related.

b)

In the particular case, the most logical and comprehensive system analysis method is:

Primary stakeholder requirements collection: Primary stakeholders using the system must be consulted on their specific requirements and needs. It is also necessary to consider the limitations identified by stakeholders.

Comprehension of existing system and pain points: the current system can be analysed based on requirements collection and pain points can be emphasized in the current system.

A new system that will win for everyone: the new system must primarily comply with the needs of the stakeholders.

Presentation and approval of the system blueprint to stakeholders

Development and implementation of the system: system development can be carried out by the agile method of sprinting.

Monitoring and control of the system: to check for performance deviations, the system implemented should be observed. In order to monitor deviations, specific intervention can be implemented.

7 0
3 years ago
At a price of $8.5 per ticket, a musical theater group can fill every seat in their 1800 seat performance hall. For every additi
sasho [114]

Answer:

The ticket price that maximizes revenue is $18.10

Explanation:

Hi, first we need to construct the revenue equation in terms of the additional dollar charge (that would be X). That is:

Revenue=Price*Quantity

Revenue=(8.5-X)(1,800-65X)

So we expand it:

Revenue=15,300-552.5X+1,800X-65X^{2}

Revenue=-65X^{2} +1247.5X+15,300

This is a parabola, and we need to find its vertex, which in our case that would be the maximum additional dollar charge in order to obtain the highest revenue possible, to find the vertex, we need to consider that:

Y(X)=AX^{2}+ BX+C

And to find the X-coordenate we have to use the following equation.

Vertex(X)=\frac{-B}{2A}

In our case, A= -65; B= 1,247.5, so, all should look like this:

Vertex (X)=\frac{-(1247.50}{2(-65)} =9.6

That means, we need to make 9.6 increments of $1 in order to obtain the max revenue possible, therefore, the price would be

Price = $8.50 + $1(9.6)= $8.50 + $9.6 =$18.10

Best of luck.

7 0
3 years ago
Which career is likely to earn the highest salary.
julsineya [31]

Answer:

News Anchor

Explanation:

The other three profession might have salaries based on a daily wage.

7 0
3 years ago
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