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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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The epa has recently set a strict policy of monitoring the total maximum daily load (tmdl) of nutrients in order to reverse eutr
tia_tia [17]

The EPA has recently set a strict policy of monitoring the total maximum daily load (tmdl) of nutrients in order to reverse eutrophication in Chesapeake Bay.

<h3>What is EPA?</h3>

The acronym EPA stands for Environmental Protection Agency. It is agency in the United States, whose duty is the protection of people and the immediate environment.

The Environmental Protection Agency is an independent agency of the federal government tasked with environmental protection matters.

The functions of Environmental Protection Agency are:

  • Protection of people and the environment from significant health risks.
  • Sponsors and conducts research.
  • Develop and enforces environmental regulations.

Learn more about EPA here: brainly.com/question/14956213

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3 0
2 years ago
Company X has 100 shares outstanding. It earns $1,000 per year and expects to pay all of it as dividends. If the firm expects to
Leno4ka [110]

Answer:

The stock price after the dividend payment is $100 per share

Explanation:

According to the data the Dividend per year is $1,000  and the Required Rate of Return is 10% .

Hence, in order to calculate the stock price after the dividend payment we have to use the following formula first:

Stock price = [Total Dividend amount / Required rate of return]

Stock price  = [$1,000 / 0.10]

Stock price = $10,000

Finally the Stock price after the dividend payment. = [Total Stock Value / Number of outstanding shares]

Total Stock value = $10,000

Number of outstanding shares = 100 shares

Stock price after the dividend payment = [$10,000 / 100 shares]

Stock price after the dividend payment = $100 per share

4 0
3 years ago
Sources of consumer information might include ____.
Vesnalui [34]
Sources of consumer information might include all the following: Associations and organizations, newspapers, magazines, manufactures, and sellers. Therefore your final answer is D) All of the above. Good Luck.
3 0
2 years ago
Bunnell Corporation is a manufacturer that uses job-order costing. On January 1, the company’s inventory balances were as follow
Anestetic [448]

Answer:

3.

DR Selling and Administrative Salaries               $240,000

      Manufacturing Overhead                                $150,000

      Work in Process                                                $600,000

CR Wages Payable                                                                      $990,000

4.

Manufacturing Overhead Applied

= 41,000 hours * 16.25

= $666,250

5. Total Manufacturing cost to be added = Raw Materials + Direct Labor + Manufacturing Overhead

= 480,000 + 600,000 + 666,250

= $1,746,250

6.

DR Finished Goods                                             $1,680,000

CR Work in Process                                                                $1,680,000

7.

Ending Balance = Beginning balance + Raw materials + Direct labor + Manufacturing Overhead - Cost transferred to Finished goods

= 18,000 + 480,000 + 666,250 + 84,250 - 1,680,000

= $84,250

9. Predetermined overhead cost - Actual cost = 666,250 - 650,000 = $16,250.

<u>Overapplied</u> as predetermined cost was more than Actual.

12. Finished goods = Beginning balance + Cost transferred from WIP - Cost of goods sold

= 35,000 + 1,680,000 - 1,690,000

= $25,000

13.

Adjusted Cost of Goods sold = Cost of goods sold - Overapplied

= 1,690,000 - 16,250

= $1,673,750

14. Gross Margin = Sales - Adjusted COGS

= 2,800,000 - 1,673,750

= $1,126,350

15. Net Operating Income

= Gross Margin - Selling and Administrative salaries - Selling and Administrative expenses

= 1,126,350 - 240,000 - 367,000

= $519,250

6 0
3 years ago
Activities of a central motor pool that provides and services vehicles for the use of municipal employees on official business s
Neko [114]

Answer:

c. Internal Service Fund

Explanation:

Internal Service Fund -

It refers to the sum of amount required to track the motion of any goods and services from one department to another , is referred to as internal service fund .

The amount spend on the internal service fund is used to determine the complete cost of providing the services and goods .

For example , maintenance is an example of the internal service fund .

Hence , from the given information of the question ,

The correct answer is c. Internal Service Fund .

4 0
3 years ago
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