Answer:
Swifty Corporation
Retained Earnings Statement for the year ended December 31, 2017:
Net Income $15,787
Retained Earnings, January 1, 2017 17,000
Less Dividends (5,500)
Retained Earnings, Dec. 31, 2017 $27,287
Explanation:
a) Data and Calculation:
Service Revenue $36,300
less expenses:
Salaries and Wages Expense $14,700
Insurance Expense 1,830
Rent Expense 3,810
Supplies Expense 1,410
Depreciation Expense 800
Total expenses $22,550
Net income is supposed to be $13,750 and not $15,787.
The Retained Earnings Statement is prepared with the given net income of $15,787. It shows the movement in earnings and distribution to stockholders.
Answer:
2.23 is the price earnings ratio.
Explanation:
Firstly we must find the Earnings per share for this problem as it is needed to calculate the price earnings ratio so earnings per share = (Net income)/(Number of shares outstanding).
we are given net income of $401000 then to obtain number of shares outstanding for 2015 are $267000/$10 as we saw the company's common stock account balance all year long was that value of which each share has a par value of $10, then we get outstanding shares which are 26700 now we calculate the earnings per share (EPS) by using the above formula with substituting the above mentioned values :
Earnings Per Share= $401000/26700
= $15.01872659
now we will use the Price Earnings Ratio formula which is
Price Earnings Ratio = (current share price)/(earnings per share )
we have been given a current share price of $33.50 now we will use the earnings per share which was calculated above.
Price Earnings Ratio = $33.50/$15.01872659
= 2.230548628 then we round off the answer to two decimal places
Price Earnings Ratio = 2.23
Answer – Quitting your job to find another
Quitting your job to find another might not be an option for increasing your present income. As a matter of fact, doing so lead to a reduction of income if a less-paying job is found after quitting the current one, or worse still total lack of income if no job is found after quitting the present job. In simple terms, if you quit your present job, there is no guarantee that you’ll find a better one. A more feasible option would be to start looking for a better job without quitting your old job. Better still, if the options are available, you may request a promotion at your present job or request a merit increase in pay.
As distances between buyers and sellers increase, problems related to operations performance increase.
The primary results of this increase in distance and geographic complexity are:-
- Potential for delays and disruptions
A seller is a person or entity that sells products, services, or financial assets. Shorting means borrowing security you don't own, selling it, and buying it back at a lower price. An option seller is called a "writer" who collects a premium from the buyer.
A seller's market is the opposite of a buyer's market, and excess inventory for interested potential buyers means that the buyer has the power to set terms and prices.
Learn more about sellers here:brainly.com/question/906651
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Answer: B. Charlotte
Explanation:
Preference is given to people that live with the dependent so this puts William at the least priority because he doesn't live with Autumn thereby leaving Charlotte and her mother.
Preference is then given to the biological parents of the dependent which means that Diana is has second priority. Charlotte is therefore the the most preferred to claim her daughter as a dependent which would allow her greater tax deductions.
