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Gennadij [26K]
3 years ago
5

The accountant for Huckleberry Company is preparing the company's statement of cash flows for the fiscal year just ended. The fo

llowing information is available:
Retained earnings balance at the beginning of the year $151,000
Cash dividends declared for the year $46,000
Net income for the year $92,000
What is the ending balance for retained earnings?
Business
1 answer:
Basile [38]3 years ago
8 0

Answer:

$197,000

Explanation:

We know that

The ending balance of retained earning = Beginning balance of retained earnings + net income - dividend paid

= $151,000 + $92,000 - $46,000

= $197,000

We simply added the net income and subtract the dividend sum to the starting balance of the retained earnings account so that the precise value will arrive.

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A winning strategy is one that results in a company becoming the dominant industry leader. fits the company's internal and exter
Anastasy [175]

Answer:

The options are not properly aligned.Find the same question with proper alignment in the attached.

A winning strategy fits the company's internal and external situation, builds sustainable competitive advantage, and improves company performance.

Explanation:

For a strategy to be tagged a winning one,it must carefully take into the consideration the internal and external environments that the business operates in,such that internal strengths and weaknesses can be discovered as well as external opportunities and threats.

In addition, it must also consider the capabilities ans skills peculiar to the business that are difficult to imitate by others, in essence competitive advantage.

Above all, the strategy must positively impact the bottom-line,in that the business records positive strong performances period after period.

Download xlsx
4 0
3 years ago
People bring their abilities, goals, and experiences to each and every situation, which often changes the situation. Conversely,
kobusy [5.1K]

Answer:

interdependent person and situation factors.

Explanation:

Interpendent person refers to the type of person who realize that each individuals have their own negative and positive attributes, including themselves. This type of person realize that people need to rely on each other in order to cope with the negative attributes that they have.

Situation factors refers to a characteristic that might make a certain situation become unique from another.

Often time, an individual can be effective in handling a certain situation , but extremely inefficient when handling other situation. This happen because they have different abilities/experiences that added to their positive attribute. In order to survive a situation that they can't handle really well, people need to learn to become interdependent person.

7 0
3 years ago
Joe wants to be able to purchase a dream car on January 1,2004, just after he graduates from college. Joe has had a part time jo
Bad White [126]

Answer:

FV= $46,031.45

Explanation:

Giving the following information:

Monthly deposit= $450

Number of months= 59

Interest rate= 0.21/12= 0.0175

To calculate the final value, we need to use the following formula:

FV= {A*[(1+i)^n-1]}/i

A= monthly deposit

FV= {450*[(1.0175^59) - 1]} / 0.0175 + 450

FV= $46,031.45

5 0
3 years ago
If the Fed increases the discount rate, which of the following accurately describes the sequence of events that will follow in t
AnnZ [28]

Answer: A. Reserves ↓: Excess reserves ↓; Loans ↓; Deposits ↓; Money supply ↓

Explanation:

The discount rate is the rate at which the Fed lends money to banks and other depository type institutions. Normally banks have a reserve requirement that the Fed requires of them which states how much they are to leave with the Fed as a reserve. Banks tend to fall short of this reserve sometimes and so can borrow from the Fed to balance it off.

If the Fed increase the rate at which these banks can borrow, they will not want to do so thus leaving their Reserves at the Fed lower than it should be. They will then use their excess reserves which is money kept in reserve more than the Fed requires, to balance off their reserve at the Fed.

As a result of this reduction in their Excess reserve, they will have less money to give out as loans. With less loans being made, people will not have as much money to deposit after taking the loans. Money supply will then fall as a whole.

4 0
3 years ago
What is a consumer product?
Zepler [3.9K]

Answer:

sorry po talaga need po points

4 0
2 years ago
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