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Ksenya-84 [330]
2 years ago
11

The balance in retained earnings at December 31, 2020 was $1440000 and at December 31, 2021 was $1168000. Net income for 2021 wa

s $1008000. A stock dividend was declared and distributed which increased common stock $499000 and paid-in capital $99000. A cash dividend was declared and paid.
The amount of the cash dividend was:___________
a) $381000.
b) $781000.
c) $682000.
d) $1280000.
Business
1 answer:
fomenos2 years ago
5 0

Answer:

C. $682,000

Explanation:

Given the above information, the computation of cash dividend is seen below;

Beginning retained earnings (2020) + net income - Stock dividend - Cash dividend = Retained earnings

$1,440,000 + $1,008,000 - ($499,000 + $99,000) - Cash dividend = $1,168,000

$2,448,000 - $598,000 - Cash dividend = $1,168,000

Cash dividend = $2,448,000 - $598,000 - $1,168,000

Cash dividend = $682,000

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What is a consequence of ending a performance appraisal interview on a negative note? Both the supervisor and employee may devel
Ahat [919]

Answer:

The correct answer is letter "C": The employee whose performance was appraised may develop a deflated ego.

Explanation:

Appraisal interviews are conducted to discuss the performance of employees. The company sets a standard of how the duties of workers must be developed and employees are evaluated based on those guidelines. The closer the employee method or woking is to the company's standards, the possibilities of scoring higher increase.

However, not all employees end up with a good score after appraisals. <em>Those who are provided with negative notes typically develop a deflated ego since their performance was qualified as lacking. Managers must follow up on these workers to make sure they are not discouraged and that they accomplish the objectives their roles demand.</em>

4 0
3 years ago
As a student in the Principles of Management class of Ama Ghana University, you are expected to have experiential knowledge so t
erma4kov [3.2K]

Answer:

The organization structure is not clearly defined, Managers are performing duties in various departments at a time.

Explanation:

San Consulting is one of the finest consulting firm in the Greater Accra Region. The firm is always a first choice for individuals who want to pursue their career in business. The Organizational structure of San Consulting is not clearly defined. San's profits are falling because management practices are not according to the other competitive organizations. The managers working at San are facing excess workload and pressure for their work. Their job descriptions is not clearly defined and they are forced to work in multiple departments at the same time due to which they are losing focus on their own work.  

Questions 1: Planning, organizing, leading and controlling

Question 2: The organizational structure needs to be set and every employee should have their defined job role so they are able to complete work with efficiency.

Question 3: The profits of San consulting will rise as there will be less duplication of work and every employee will be able to focus on their own task and will work with efficiency.

Question 4: Matrix. The matrix organizational structure is not suited in this organization. The right organizational structure for San consulting will be Functional Structure.

Question 5:

(i) The profits for San Consulting will decline

(ii) The profit will rise because employee will focus more on their specific tasks.

1B. Yes agree. The managers need to focus on the external environment as well to identify the opportunities and threats present which can stimulate changes for the organization.

5 0
3 years ago
The Arkansas Company makes and sells a product called Product K. Each unit of Product K sells for $39 dollars and has a unit var
ioda

Answer:

$36,020.40

Explanation:

The computation of cash balance is shown below:-

Excess of cash receipts over disbursement = Beginning cash balance + Cash receipts - Cash disbursement

= $64,500 + $1,302,200 - $1,310,000

= $1,366,700 - $1,310,000

= $56,700

Interest = X × 0.02

Cash balance at end = Excess of cash receipts over disbursement + Borrowing - Interest

$92,000 = $56,700 + X - 0.02x

$92,000 - $56,700 = 0.98x

X = $35,300 ÷ 0.98

= $36,020.40

7 0
3 years ago
Home Works Referral Network is a premier home service referral network of dependable, highly skilled home improvement profession
Hatshy [7]

Answer:

The correct answer is D. code of ethics.

Explanation:

A code of ethics serves to regulate the actions of a professional, to protect organizations and their members; In this way, the behavior standards of people within a company or organization are established. In this case, the domicile company requires a code of ethics so that the personnel do not disclose company information, honestly carry out the work, take responsibility for the obligations assigned to them during their professional activity.

4 0
3 years ago
ABC Corporation is considering the purchase of a machine that would cost $110,000 and would last for 4 years. At the end of 4 ye
Ahat [919]

Answer:

-$8,705

Explanation:

The computation of the Net present value is shown below

= Present value of all yearly cash inflows after applying discount factor + salvage value - initial investment

where,

The Initial investment is $110,000

All yearly cash flows would be

= Annual cost savings × PVIFA for 4 years at 12%

= $30,000 × 3.0373

= $91,119

Refer to the PVIFA table

And, the salvage value would be

= Salvage value × pvif for 4 years at 12%

= $16,000 × 0.636

= $10,176

The discount factor should be computed by

= 1 ÷ (1 + rate) ^ years

Now put these values to the above formula  

So, the value would equal to

= $91,119 + $10,176 - $110,000

= -$8,705

5 0
3 years ago
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