1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Anarel [89]
3 years ago
8

DW has an ending Retained Earnings balance of $51,600. If during the year DW paid dividends of $4,100 and had net income of $21,

100, then what was the beginning Retained Earnings balance
Business
1 answer:
VikaD [51]3 years ago
4 0

Answer:

$34,600

Explanation:

The computation of beginning retained earnings balance is seen below:

But we know that;

Ending balance of retained earnings = Beginning balance of retained earnings + Net income - Dividend paid

$51,600 = Beginning retained earnings + $21,100 - $4,100

Beginning retained earnings = $51,600 - $21,100 + $4,100

Beginning retained earnings = $34,600

You might be interested in
A seasonal index for a monthly series is about to be calculated on the basis of three​ years' accumulation of data. The three pr
Vika [28.1K]

Answer:

A. 0.684

Explanation:

A seasonal index refers to an index that is used to compare the value for a particular period with the average value of all periods.

The purpose of using a seasonal index is to show the relationship between the two values, and the degree to which the two values are different.

The seasonal index can be calculated as the latest value for a period divided by the average of all periods.  Therefore, we have:

Seasonal index for July = Latest value for July / Average demand over all months = 130 / 190 =  0.684.

Therefore, he approximate seasonal index for​ July is 0.684.

5 0
3 years ago
Edwards Company manufactures low-cost wooden chairs and uses activity-based costing. The following information is for the month
Airida [17]

Answer:

$37.80

Explanation:

Particulars                                           Amount       Calculations

Direct materials                                    $7.00

Handling                                               $2.80          ($3,500/5,000*4 parts)

Assembling                                           $9.60          ($12,000/5,000*4 parts)

Packaging                                             <u>$18.40 </u>        ($5,750/1,250*4 parts)

Total manufacturing cost per chair   <u>$37.80</u>

3 0
3 years ago
Which of the following expenses is NOT deductible when a taxpayer uses the simplified method of calculating the home-office dedu
Rasek [7]

The simplified method of computing home office expenses limits the number of home office expenses allowed to a fixed amount regardless of the amount of business income or the size of the home office.

<h3>How do you calculate home office deductions?</h3>

A business owner can calculate the home office deduction in two ways: regular and simplified. The regular method would require you to use Form 8829 to calculate your deduction, which would include figures for the area of your home and the total hours it was used for business purposes, your business income, and other business expenses.

If you itemize deductions and use the simplified method for a taxable year, you can deduct home expenses that would otherwise be deductible as itemized deductions on Form 1040 or 1040-SR, Schedule A, without reducing these expenses by the amounts allocable to the simplified method.

Learn more about home office deductions here:

brainly.com/question/13073712

#SPJ1

8 0
10 months ago
Judy barnes, betty turley, and bob turner want to obtain limited liability for their business, but they want to avoid double tax
siniylev [52]
The owners of the business should be able to register the company under sole-propietorship. In this type of ownership, the owners have the money and the money is considered theirs on the personal level. Thus, this makes them liable to single level of taxes. 
5 0
3 years ago
By keeping employees’ personal records confidential, an employer respects their right of:
nika2105 [10]

Answer: PRIVACY. 100% postive

Explanation:

7 0
3 years ago
Other questions:
  • Who among the following is associated with contributions to quality control in operations​ management? A. Henry Ford B. W. Edwar
    6·1 answer
  • Pedro owns a 50% interest in a limited partnership that operates an apartment complex. During the current year, the partnership
    10·1 answer
  • In some countries it is customary to pay government officials to secure necessary business contracts and permits. American busin
    6·1 answer
  • Jones Co. started the year with no inventory. During the year, it purchased two identical inventory items at different times. Th
    9·1 answer
  • Following are financial statement numbers and ratios for CVS Health Corporation for the year ended December 31, 2016. Total reve
    8·1 answer
  • Curtis is the manager of a footwear store. He carefully chooses his staff members and recruits employees who are attentive, frie
    9·1 answer
  • Although many countries have stringent intellectual property regulations on their books, the enforcement of these regulations ha
    6·1 answer
  • When fraud examiners investigate a bankruptcy or divorce resulting from fraud, where do they focus?
    10·1 answer
  • The concept of risk and return is subjective for different people, as well as for corporations.
    9·1 answer
  • Point Company uses the standard costing method. The company's product normally takes 0.25 hour to produce. Normal annual capacit
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!