Answer:
Net income for the year = $257,000
Explanation:
Retained earnings for the year= Net income - dividends paid.
Since no dividends were paid, retained earnings for the year = net income for the year. At the end of each accounting period, retained earnings are reported on the balance sheet, and the retained profits for the year are added to the beginning balance of retained earnings, to give a cumulative ending balance of $2,499,000.
therefore retained earnings for the year = ending retained earnings balance - beginning retained earnings balance = $2,499,000.-$2,242,000= $257,000.
Net income for the year is thus = $257,000 since no dividends were paid.
Answer:
Just use G maps and search stakehouse.
Explanation:
Answer:
The brand is trying to come up with an advertising appeal.
Explanation:
Here an international denim brand wants its advertising agency company to come up with an advertising appeal, which would be able to grab attention of the young people and these people would be able to emotionally connect to the brand and thus through this appeal they would be able to persuade the consumers to buy their products.
Answer:
Mature companies with relatively predictable earnings
Explanation:
Constant growth model is under the assumption that a company's dividend will grow at a constant rate indefinitely(forever). This makes more sense and hold is appropriate method of valuation for a mature company that has relatively predictable earnings. Young companies on the other hand have fluctuating earnings making it appropriate to use non-constant growth model to value its dividends.
