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mash [69]
3 years ago
11

(STATEMENT OF STOCKHOLDERS’ EQUITY) In its most recent financial statements, Nessler Inc. reported $75 million of net income and

$825 million of retained earnings. The previous retained earnings were $784 million. How much in dividends were paid to shareholders during the year? Assume that all dividends declared were actually paid.
Business
1 answer:
iragen [17]3 years ago
3 0

Answer:

95 mill

Explanation:

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Chica, a women's clothing store, held a "prize drawing" for a $500 shopping spree on saturday that it had advertised throughout
d1i1m1o1n [39]
I think she did because she know the prize is $500.00.
3 0
3 years ago
Many organizations choose to accomplish aggregate planning on the basis of _____ and _____ methods. Multiple Choice spreadsheet;
Degger [83]

Majority of organizations choose to accomplish aggregate planning on the basis of simulation and experience methods.

<h3>What is an aggregate planning?</h3>

This refers to the process of developing and maintaining a schedule of the overall operations of an organization.

Most organization uses an aggregate planning to achieve their financial goals and improve the bottom line.

Therefore, the Option C is correct.

Read more about aggregate planning

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5 0
2 years ago
When marx argued that capitalism “reproduces the class structure,” he meant that?
Lisa [10]
If you are rich, you own the means to make more money. Your son will then take over from you, and the class structure will remain intact. Likewise, if you are poor, you can only afford to work in a factory, you cannot pay for a good education for your child, they'll end up working in a factory  to survive. The class structure remains the same, each generation of rich people will exploit every generation of poor people. That was also why Marx thought the workers must unite and take control of the means of production, so that they would not be exploited. 
6 0
3 years ago
Kingbird Corporation owns a warehouse. On November 1, it rented storage space to a lessee (tenant) for 3 months for a total cash
Nikitich [7]

Answer:

cash                  2,790 debit

        unearned revene 2,790 credit

unearned revenue 1,860 debit

           rent revenue    1,860 credit

Explanation:

The revenue from the rent is unearned as currently the firm has to provide the rent spance for three months It will be earned as time passes.

At year-end December 31th we have earned 2 months (Nov and Dec) therefore we reocgnize for that amount

2,790 x 2/3 months = 1,860 rent revenue

3 0
3 years ago
At the end of the year, Sheffield Co. has pretax financial income of $616,000. Included in the $616,000 is $78,400 interest inco
SVEN [57.7K]

Answer:

$173,820

Explanation:

pretax financial income $616,000

- interest income on municipal bonds ($78,400)

+ depreciation ($67,200 - $50,400) = $16,800

+ fine for dumping hazardous materials $25,000

taxable income = $579,400

income taxes payable = $579,400 x 30% = $173,820

Fines are not tax deductible, and since depreciation for tax purposes is lower than accounting depreciation, you must add them. But since municipal bonds are not taxable, they must be subtracted.

3 0
3 years ago
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