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Andre45 [30]
2 years ago
7

Blue Spruce Corp. started the year with total assets of $304000 and total liabilities of $244000. During the year the business r

ecorded $630000 in revenues, $325000 in expenses, and dividends of $61000. The net income reported by Blue Spruce Corp. for the year was:_____________
Business
1 answer:
erma4kov [3.2K]2 years ago
3 0

Answer:

$305,000

Explanation:

Net income is the amount of money available to a company after the deduction of expenses from revenue. It is calculated as;

Net income = Revenues - Expenses

Given that;

Revenues = $630,000

Expenses = $325,000

Net income = $630,000 - $325,000

Net income = $305,000

Therefore the net income reported by Blue Spruce Corp. For the year is $305,000

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Kobotan [32]

What is the total return for a stock that currently sells for $100, pays a dividend in one year of $2, and has a constant growth rate of 8 percent?

Total return will be 10%.

What is total return?

The overall return is shown as a proportion of the initial investment. For instance, a total return of 20% signifies that the asset's value increased by 20% overall as a result of price growth, dividend payments (if the security is a stock), coupon payments (if the security is a bond), or capital gains (if a fund).

R  = 10%

10% is the total return for a stock that currently sells for $100, pays a dividend in one year of $2, and has a constant growth rate of 8 percent.

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1 year ago
When steve discusses the "buyer for outdoor" and the "buyer for running," what does he mean?
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4 0
2 years ago
Cheryl purchased 5 identical hollow pine doors and 6 identical solid oak doors for the house she is building. The regular price
almond37 [142]

Answer:

The answer to this question is option C. $560

Explanation:

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