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
stich3 [128]
3 years ago
9

On January 1, 2016, Miller Corporation had retained earnings of $8,000,000. During 2016, Miller reported net income of $1,500,00

0, declared dividends of $500,000, and issued common stock for $1,000,000. What were Miller's retained earnings on December 31, 2016?
Business
1 answer:
Papessa [141]3 years ago
4 0

Answer:

Miller's retained earnings on December 31, 2016 is $9,000,000.

Explanation:

Miller's retained earnings on 31 December 2016 = retained earnings on January 1, 2016 + net income - declared dividends

= $8,000,000 + $1,500,000 - $500,000

= $ 9,000,000

Therefore, Miller's retained earnings on December 31, 2016 is $9,000,000.

You might be interested in
Which pitfall to sound economic reasoning is illustrated when a person comments that "capitalists focus only on profits and don'
lidiya [134]

Answer:

B. Biases

Explanation:

A bias occurs when an individual makes an ill informed decision. This usually results from previous experience or deeply held beliefs about a situation. The individual diverges from rational choice and are rather influenced by emotions and invested opinions.

When a person says capitalists focus more on money and do not care for their workers, this is a subjective statement that is not based on facts. In capitalism it is not all employers that focus on only making money. Employer-employee relations are important for efficient production. So this statement is made on the basis of the speaker's bias.

5 0
3 years ago
Read 2 more answers
The supplies account had a beginning balance of $1,592. Supplies purchased during the period totaled $3,852. At the end of the p
Romashka [77]

Answer:

2324

Explanation:

the most important idea that you are trying to convey to your reader? The information in each paragraph must be related to that idea. In other words, your paragraphs should remind your reader that there is a recurrent

3 0
3 years ago
If you miss two days of work to visit several different apartments available for rent is an example of _______ cost?
salantis [7]

The answer to the question is a term called search costs.

Search costs refer to costs that a potential customer incurs when he or she chooses to search for a better product or service until the marginal cost of searching exceeds the marginal benefit. This is a behavior that rational consumers would engage in - one that the individual is engaging in by visiting several different apartments.

3 0
3 years ago
You have been asked by the CEO of your company to manage a really important project. The CEO suggested five employees to be on y
MariettaO [177]

Answer:

Dedicated project team

Explanation:

Team members would face the least trade-offs with their current responsibilities in the dedicated project team.

Here we have a team that is grouped to work together in a single project organizational structure. The project manager is responsible for the team. He has the main authority. Members of the team work under humans he reports to the sponsor of the project. This structure is the easiest to create good team culture

4 0
3 years ago
With reference to the job characteristics model, which of the following defines task identity?a. the degree to which a job requi
Roman55 [17]

Answer:

a. The degree to which a job requires completion of a whole and identifiable piece of work

Explanation:

According to job characteristics model, what motivates an employee to be productive is the task he or she is asked to perform. Ideally, when a task is somewhat challenging, such would motivate the worker to exert his or her energy hence perform well on the task whereas a non challenging task wears down an employee's performance.

The model states that there are five core job characteristics that would show how a job is likely to affect the behaviors and attitude of employees. They are task identity, task variety, feedback, autonomy and task significance.

Therefore, according to the model, task identity is the degree to which a job requires completion of a whole and identifiable piece of work.

8 0
3 years ago
Other questions:
  • A student parked in a gold parking space even though he/she has a green parking permit. There were no empty green parking but ma
    6·1 answer
  • What was the non-live show revenue (merchandising + record sales + etc) for the Amzai Brothers during September-December 2019?
    12·1 answer
  • The implementation of strategies in an organization should happen largely through tactical planning. This means that _____ in ea
    7·1 answer
  • What time does the stock market open central time?
    9·1 answer
  • Ray has 6 hours before he goes to bed on a school night. He plans to spend an hour surfing the internet, two hours playing his f
    11·2 answers
  • Which of the following statements is(are) true:
    7·1 answer
  • Regency Inc. makes disposable cap and gown sets for graduations. Each cap and gown set sells for $15. The average variable cost
    7·1 answer
  • Most companies view their employees, or human resources, as
    10·1 answer
  • What is one major advantage of long-term savings strategies?
    5·2 answers
  • If both the nominal interest rate and the expected inflation rate increase, what will happen to the real interest rate?.
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!