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.
Cash flow statement
hope this helps
Answer:
C. display
Explanation:
Display advertising is an advertising process where a product or services are displayed in form of images, videos, and published on the social sites so that the people could aware of that particular product or services
Therefore as per the given situation, in the newspaper advertising, the display advertising involved the copy, photos, headlines etc
Hence, the correct option is C.
Answer:
Net operating cash-flow= $6,392
Explanation:
Giving the following information:
Sales of $19,650.
Costs of $9,380
Depreciation expense of $2,050.
Interest expense of $1,540.
The tax rate is 35 percent
Cash- flow:
Sales 19650
Cost= 9380 (-)
Interest= 1540 (-)
Depreciation =2050 (-)
EBT= 6680
Tax= (6680*0.35)=2338 (-)
EAT= 4342
Depreciation= 2050 (+)
Net operating cash-flow= 6392
Answer:
Website
Annual Reports
Magazines
Newspaper
Television Advertisement
Explanation:
The company website are the reliable source for the information. These websites include information about the specific product details. Brent can easily get access to details about product design, their specification and details. There can be other website which provide reviews of products. Brent can access those website to observe the reviews of the product but since the reliability of these website can be questioned so its better not to trust everything you read.