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Oliga [24]
3 years ago
12

In its recent income statement, a firm reported $25 million of net income, and in its year-end balance sheet, the firm reported

$405 million of retained earnings. The previous year, its balance sheet showed $390 million of retained earnings. What were the total dividends paid to shareholders during the most recent year?
a. $ 6,750,000
b. $10,000,000
c. $11,250,000
d. $ 5,000,000
e. $ 3,500,000

Business
1 answer:
frez [133]3 years ago
5 0

Answer:

The answer is B. $10,000,000

Explanation:

The formula for dividend paid to shareholders is

Beginning Retained Earnings plus net income minus ending retained earnings.

Please refer to the attached for the calculation

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All but one of the following is a mechanism intended to provide reassurance against imperfect information. Which is it?
nikdorinn [45]

Answer:D. financial capital markets.

Explanation:Imperfect Information is a term used in Economics to describe a situation where the two or more parties in a business contract have varying levels of Information about the said contract,one party may have more information about the Contract than the other party or parties.

Reassurance is the process of removing the doubts of a person as to a given action or contract, it is essential to reassure investors in the case of market crisis by Organisations and Government.

5 0
3 years ago
Maddie's shoe store donated hundreds of pairs of shoes to needy children at an inner city school. A news crew reported on the do
chubhunter [2.5K]

Answer:

publicity

Explanation:

Publicity involves creating an excellent reputation for a company's brand name. Publicly arises from positives messages from the media, and other sources such as the internet and word of mouth.  An organization engages in activities that create a good relationship with the media and the public to build the desired publicity.

Publicity messages are not paid for, unlike advertising.  In the case of Maddie, the business was engaged in a charitable event. The event was captured in the press, and Maddie brand name was mentioned, thus promoting its brand name.  

3 0
4 years ago
Adrian is one of several engineers applying for a job recently advertised on the internet. While writing his email cover letter,
umka2103 [35]

Adrian is one of several engineers applying for a job recently advertised on the internet. While writing his email cover letter, adrian should identify the position applied for in the project line.

In an email  while applying for any job, jobseeker should use the job title as the subject line, so  that the employer get to  know what position the jobseekers are interested in.

That helps the  busy hiring managers who are recruiting for multiple positions to  see at a glance which job jobseeker are applying for.

Mentioning the job title which  is also helpful in the case there is an automated filter that categorizes the hiring manager’s email. With the right subject line, jobseeker will be sure that his application is placed in the appropriate folder to be seen in a timely manner.

To know more about job title here:

brainly.com/question/12174315

#SPJ4

7 0
2 years ago
If a U.S. firm desires to avoid the risk from exchange rate fluctuations, and it is receiving 100,000 in 90 days, it could:_____
ivolga24 [154]

A 90-day forward-sale purchase contract will help to reduce or eliminate the risk facing the U.S. Firm.

<h3>What is a Forward sale Contract?</h3>

This refers to a special contract between two parties to purchase or sell an asset at an agreed price on a future date.

The fact that the price has been set and agreed upon protects the parties from fluctuations, which in this case, is exchange rate risks.

The correct answer, thus, is A.

See the link below for more about Forward-sale contract:

brainly.com/question/14862085


6 0
2 years ago
On September 12, Vander Company sold merchandise in the amount of $2,200 to Jepson Company, with credit terms of 2/10, n/30. The
Vlad1618 [11]

Answer and Explanation:

The Journal entry is shown below:-

Cash Dr, 1969.80 (2010 × 98%)

Sales discount Dr, 40.20

            To Account receivable $2,010 ($2,200 - $190)

(Being the entry is recorded)

Here we debited the cash and sales discount as it increased the assets and we credited the accounts receivable as it reduced the assets

3 0
3 years ago
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