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SSSSS [86.1K]
3 years ago
10

The ending Retained Earnings balance of ABC decreased by $1.5 million from the beginning of the year. The company declared a div

idend of $4.4 million during the year. What was the net income for the year
Business
1 answer:
saveliy_v [14]3 years ago
7 0

Based on the information given the net income for the year will be is : $2.9 million.

<h3>Net income</h3>

Using this formula

Net income=Dividend declared-Decrease in Ending Retained earning

Where:

Dividend declared=$4.4 million

Decrease in Ending Retained earning=$1.5 million

Let plug in the formula

Net income=$4.4 million-$1.5 million

Net income=$2.9 million

Inconclusion the net income for the year will be is : $2.9 million.

Learn more about net income here:brainly.com/question/13186458

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Answer:

NPV = 138,347.55

Explanation:

<em>Net Present Value (NPV) : This is one of the techniques available to evaluate the feasibility of an investment project. The NPV of a project is the difference between the present value of the cash inflows and the cash outflows of the project.</em>

We sahall compute theNPV of this project by discounting the appropriate cash flows as follows:

<em>Prevent Value of  operating cash flow</em>

PV =A× (1- (1+r)^(-n))/r

A- 23,900, r - 12%, n- 5

PV = $23,900 × (1- (1.12)^(-5))/0.05

=206,769.963

<em>PV of Working Capital recouped</em>

PV = 5600× 1.12^(-5)

    = 3,177.59

NPV = initial cost + working capital + Present Value of working capital recouped + PV of operating cash inflow

NPV = (66,000) + (5600) + 3,177.59 + 206,769.96

NPV = 138,347.55

5 0
3 years ago
The focus of what a person or organization ought to do in when faced with a particular situation is referred to as: a. Substanti
galben [10]

Answer:

c. Normative ethics

Explanation:

Ethics involves the study of the moral principles and guidelines that determines how an individual behaves. Since people and organizations operate in a social environment, where they interact with other organizations and people, ethics has to be considered to improve how people and organizations act and behave.

1. Substantive ethics

Substantive ethics involves the formulation of guiding principles that can be used during cases of ethical dilemma.

2. Emotional ethics

It consists of the feeling and intuition that play a major role into how people behave in a given situation.

3. Normative ethics

It involves the study of ethics by looking at how an individual ought to act and the implications of that behavior. It involves asking questions about how one needs to behave in a given situation then considering the ethics of that action. It is a kind of predetermined cause of action that an individual is supposed to apply in order to arrive at specific ethical behavior.

4. Behavioral ethics

Behavioral ethics involves the study of ethical and unethical behavior and coming up with reasons as to why individuals choose to behave ethically or unethically.

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3 years ago
Ideas to re-motivate employees
Vladimir [108]

Answer:

Explanation:

Giving gifts and promotions to hardworking employees

8 0
3 years ago
find the selling price per pound of a coffee mixture made from 8 pounds of coffee that sells fo $9.20 per pound and 12 pounds of
elena-14-01-66 [18.8K]

Answer:

$6.98 per pound

Explanation:

The computation of the selling price per pound is shown below:

As we know that

8 pounds of coffee sells for $9.20 per pound which equal to

= 8 pounds × $9.20 per pound

= $73.6

And, 12 pounds of coffee is for $5.50 per pound which equal to

= 12 pounds × $5.50 per pound

= $66

The total value would be

= $73.6 + $66

= $139.60

And, the total number of pounds would be

= 8 pound + 12 pound

= 20 pounds

And we assume the selling price per pound be X

So, the equation would be

$139.60 = 20 pounds × X

So, X would be

= $139.60 ÷ 20 pounds

= $6.98 per pound

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five (5) specific forces that are acting as stimulants for change, state and explain them with relevant examples.
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Explanation:

It can be mentioned as the five specific forces that are acting as stimulators for change the forces:

  1. Competition
  2. Nature of the workforce
  3. economy
  4. Policy
  5. Technology

These are stimulating forces for change because they are factors that drive the change process so that organizational activities are able to remain and adapt in the market according to what happens in your micro and macro business environment.

Market competition is a factor that makes companies always willing to develop new methods, products and services so that they can achieve better results in the market search than competing companies. Integrated with the competition is the search for technology, which innovates the way in which techniques are developed and exists to facilitate and change work, as well as methods of using work forces.

Political and economic scenarios are also forces that drive change and the decisions that companies make in the market to seek better results and achieve their goals.

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