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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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You sell short 600 shares of Microsoft that are currently selling at $25 per share. You post the 40% margin required on the shor
svet-max [94.6K]

Answer: 10%

Explanation:

Short sale of 600 shares at $25 will yield:

= 600 * 25

= $15,000

You posted 40% of this:

= 40% * 15,000

= $6,000

The profit in a year seeing as the price fell is:

= (25 - 24) * 600 shares

= $600

Rate of return is:

= Profit / Margin posted

= 600 / 6,000 * 100%

= 10%

8 0
3 years ago
Demand for workers in some industry declines. These workers are reluctant to have a cut in their nominal wage. However, a. infla
djverab [1.8K]

Answer:

d. inflation will reduce their real wage and so decrease the number of available workers.

Explanation:

In the case when the demand for workers in some industries declines and they have to cut in nominal wages, so there would be increase in the wage bill of the industry because of this the price of the products will increased that also increase the inflation.

In the case when the inflation is rise, the real wage would fall as there would be declining in the purchasing power of money

So, the option d is correct

4 0
3 years ago
Discretionary fiscal policy that might occur is​ ______. Automatic fiscal policy that might occur is​ ______. A. a decrease in t
qaws [65]

Answer: a decrease in government expenditure and an increase in taxes by a decision of​ Congress; a decrease in transfer payments and an increase in taxes with no interference by Congress (D)

Explanation:

Discretionary fiscal policy is a government policy that changes government spending or taxes. The purpose of discretionary fiscal policy is to either expand or shrink the economy. It needs approval from the Congress and President. Its examples are increases in spending on bridges, roads, stadiums etc.

Automatic fiscal policy use spending in the form of taxes and transfer payments to automatically steady the economy. An example is when unemployed become eligible for the unemployment benefits after when losing their jobs during a recession.

4 0
3 years ago
A vacant lot acquired for $115,000 is sold for $298,000 in cash. What is the effect of the sale on the total amount of the
Artemon [7]

Answer:

+$183,000

$0

+$183,000

Explanation:

Total assets increased by ($298,000 - $115,000) $183,000.

Total liabilities has no change

Total shareholder equity increased by ($298,000 - $115,000) $183,000.

4 0
3 years ago
Would pebbles at the beach make a good form of money explain why or why not.
Artemon [7]

Answer:

No, they would not.

Explanation:

Pebbles are too easy to come by. They would not be very valuable as everyone could easily get very many.

4 0
4 years ago
Read 2 more answers
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