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spin [16.1K]
3 years ago
5

Upton Industries has revenues of $42,629, interest expense of $1,230, depreciation of $2,609, cost of goods sold of $23,704, div

idends paid of $1,200, and administrative expenses of $7,040. Assume the tax rate is 22 percent. What is the addition to retained earnings?
A) $5,075.88.
B) $4,630.19.
C) $3,766.67.
D) $4,903.18.
E) $5,230.04.
Business
1 answer:
Softa [21]3 years ago
3 0

Based on the various transactions, the addition to retained earnings was <u>A. $5,075.88</u>

<h3>What was the after tax net profit ?</h3>

This can be found as:

= (Revenues - Interest expense - Depreciation - Cost of goods sold - Admin expenses) x ( 1 - tax)

= (42,629 - 1,230 - 2,609 - 23,704 - 7,040) x ( 1 - 22%)

= $6,275.88

<h3>Addition to retained earnings </h3>

= After tax net profit - Dividends paid

= 6,275.88 - 1,200

= $5,075.88

In conclusion, option A is correct.

Find out more on retained earnings at brainly.com/question/25998979.

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dalvyx [7]

Answer:

III. Points on the PPF curve are the only ones that achieve "productive efficiency"

Explanation:

What is true about productive efficiency is that Points on the PPF curve are the only ones that achieve "productive efficiency".

Productive efficiency is an economic term that is concerned with producing goods and services with the optimal combination of inputs to produce maximum output for the minimum cost.

For it to be said that an economy is productively efficient means the economy must be producing on its production possibility frontier

Hence productive efficiency happens when production is reportedly occurring along a production possibility frontier (PPF).

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3 years ago
When communicating a complex idea, what is most important?
Oksi-84 [34.3K]
Both A and C are almost required to communicate a complex idea. A. pulls the person into actually listening and C makes your idea comprehensible. If I had to go with one or the other, I would emphasize A since it makes certain that the person pays attention. However, putting into consideration that your teacher would likely not want that answer, I would instead go with C.
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3 years ago
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What is the maximum days supply of isotretinoin that may be dispensed per prescription?.
soldi70 [24.7K]

30-days is the maximum days supply of isotretinoin that may be dispensed per prescription.

Prescription is a health practitioner's written course for the medicine that a person wishes and the way it's miles for use, or the medicine itself: The doctor gave me prescriptions for antibiotics and cough syrup.5 days ago.

1- simple prescription: those written for a unmarried component or prefabricated product and no longer requiring compounding or admixture by way of the pharmacist. 2- Compound or complicated prescription: the ones written for greater than a unmarried factor and requiring compounding.

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6 0
1 year ago
Your checkbook register shows these activities for the month.Old balance: $134.56Check 512 to Good Stuff for $32.19Deposit: $345
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Based on the various activities for the month that were reflected in your checkbook, your new balance would be $135.84.

<h3>What is the checkbook balance?</h3>

This can be found as:
= Opening balance + Deposits - Checks and withdrawals

Solving gives:

= 134.56 + 345.12 - 32.19 - 250 - 16.65 - 45

= $135.84

In conclusion, your new balance is $135.84.

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2 years ago
Those aspects of business that a retailer can directly affect are referred to as ________.
Alexeev081 [22]

Those aspects of business that a retailer can directly affect are referred to as controllable variables. Generally speaking, strategy, marketing, finances, human resources, technology and equipment, and operations make up the six functional areas of business management. As a result, all business planners should focus on thoroughly investigating and comprehending these topics as they apply to the specific business.

The book All Aspects of the Business/Organization lists nine characteristics that apply to all businesses. The book All Aspects of the Business/Organization lists nine characteristics that apply to all businesses. For success, learners should practice and comprehend the related ideas and abilities.

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1 year ago
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