Answer:
Dividend paid = $0.64 x 158,000 = $101,120. The dividend paid reduces retained earnings by $101,120.
The correct answer is C
Explanation:
Dividend is paid out of profit after tax. This reduces the retained earnings of the company since dividend involves outflow of cash.
Answer:
The use of budgets in controlling operations
Explanation:
Budgetary control
The efficiency with which the manger utilizes the budget to control and monitor the costs and operations in a given period of time .
uses the budget as the controlling operations .
Steps of Budgetary Control:
a. Establish a plan or a target of the performance , which coordinates all the activities of the business .
b. Record the actual performance .
c. Compare the actual performance with the planned .
d. Calculate the differences , variances and the reasons .
e. Act immediately , if necessary, to remedy the situation.
Answer:
c.nominal GDP but not real GDP.
Explanation:
Nominal GDP is total output produced in an economy multipled by current year prices.
Real GDP is total output produced in an economy multipled by base year prices.
Real GDP has been adjusted for inflation and it thus not affected by price increase.
If only price increases and not output, only nominal GDP increases.
I hope my answer helps you.
As a result of the price ceiling, the monopolist will "produce more than the monopoly level of output ".
The monopolist's profit maximizing level of output is found by likening its marginal revenue with its marginal cost, which is a similar benefit maximizing condition that a splendidly focused firm uses to decide its equilibrium level of output.
Answer:
FV≅$5031
Future worth at the end of 30 years will be most nearly $5031.
Explanation:
In order to find the Future value after 30 years, we are going to use the following formula:
where:
FV is the future value (End of 30 years)
PV is the present value ($500)
i is the interest rate=8%=0.08
n is the number of years (30 years)
Now,
FV≅$5031
Future worth at the end of 30 years will be most nearly $5031.
