Answer:
$455,500
Explanation:
Retained Earnings are profits that have not been distributed as dividends to shareholders. Dividends shared plus retained earning add up the total earnings by a company.
Retained earnings = profits - dividends shared
In the year revenues were $489, 000
expenses were $379,000
profits were $489,000 - $379,000 =$110,000
The dividends paid in the year were $44,500. It means the retained earnings in the year are $65,000( $110,000 - $44500)
Retained earning in the year will be beginning retained earning plus year's retained earnings.
=$390,000 + $44,500
=$455,500
Answer:
$4.50
Explanation:
In order to make a profit from the futures contracts, it would be appropriate to take a long position in the June futures contract(buy) and take a short position in the December futures contract.
The investor would borrow $60 today which would necessitate paying back $60 plus a half-year in interest payment.
loan repayment=$60*(1+5%/2)=$ 61.50
In December, sell crude oil at $66 and repay the loan principal and interest
profit=$66-$61.50=$4.50
As Managers
In order to maintain the productivity and efficiency , the company need Managers supervise all company's resources from the product resources to human resources.
These managers will report directly to the executive directors
Pretty sure your answer is
<span>B. Profit margin</span>
Answer:
A. the type of material that was used to make it.
Explanation: