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Goshia [24]
3 years ago
9

The following amounts represent totals from the first three years of operations. Calculate the balance of Retained Earnings at t

he end of 2018.
2016 2017 2018
Net Income: $1,200 -$500 $2,300
Net Cash Flows: $500 $300 $2,800
Dividends: $200 $0 $200
Issuance of Stock: $2,000 $0 $0
A) $4,600
B) $2,600
C) $3,100
D) $3,500
Business
1 answer:
LiRa [457]3 years ago
6 0

Answer:

B) $2,600

Explanation:

Retained earnings in each is computed as net income minus dividends

In year 2016 retained earnings=$1200-$200=$1000

In year 2017 retained earnings=2016 retained earnings+net income-dividends

2017 retained earnings=$1000-$500+$0=$500

2018 retained earnings=2017 retained earnings+net income-dividends

2018 retained earnings=$500+$2,300-$200

2018 retained earnings=$2,600

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Explanation:.

The Importance of Training Employees: 11 Benefits

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What is the importance of employee training?

Training is important because it represents a good opportunity for employees to grow their knowledge base and improve their job skills to become more effective in the workplace. Despite the cost of training for employees, the return on investment is immense if it is consistent.

There are several reasons it is important for employers to initiate training programs for their employees, such as:

It improves skills and knowledge

Employee training programs help improve the knowledge and skills of employees to match the various changes in the industry. These improvements will positively affect the productivity of workers, which can increase the profits and efficiency of an organization. Some of the things employees may learn through training include work ethics, human relations and safety.

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8 0
3 years ago
Read 2 more answers
Which of the following is most likely used by a seller to target an impulse buyer? a. contest b. coupon c. display d. rebate Ple
mina [271]
C. Display would be the most accurate
7 0
4 years ago
Read 2 more answers
Parallel sentences are balanced and easy for readers to understand.
Talja [164]

Answer: 2. Although the presentation was extremely long, it outlined the research, analyzed the data, and provided clear recommendations that will be useful in the future.

Explanation:

Parallel Sentences are constructed when you used the same grammatical form across the entire sentence. This way the sentence is balanced and easier to read.

For example, Sophia likes reading, hiking and watching television. As opposed to, Sophia likes reading, hiking and watch Television. The watch in the sentence is not using the grammatical form that is the present participle which is present in most of the sentence.

The correct sentence above therefore is the second one.

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8 0
3 years ago
The Winston Company estimates that the factory overhead for the following year will be $1,250,000. The company has decided that
gregori [183]

Answer:

The under applied overhead is $17,500

Explanation:

The computation is shown below:

First, Calculate the predetermined overhead rate per hour which equals to

=  (Estimated Overhead cost ÷ estimated machine hours)

= ($1,250,000 ÷ 50,000 hours)

= $25 per hour

So, the applied overhead equals to

=  Predetermined overhead rate per hour × actual machine hours

= $25 per hour × 54,300 hours

= $1,357,500

So, the over/under applied overhead equals to

= Applied overhead - actual overhead

=  $1,357,500 - $1,375,000

= $17,500 under applied

5 0
3 years ago
It costs HHI Company $7 of variable costs and $3 of fixed costs to produce its product at full capacity. However, the company cu
uranmaximum [27]

Answer:

The company's income will decrease in $1,500

Explanation:

Giving the following information:

Burlington Company offers to purchase 3,000 units at $9 each. HHI will incur special shipping costs of $2.50 per unit. HHI Company $7 of variable costs.

The company has unused capacity, so we will not have into account the fixed costs.

Total variable cost= 7 + 2.5= 9.5

Selling price= 9

Marginal contribution= -0.5

Effect in income= -0.5*3000= $-1,500

3 0
3 years ago
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