accountant for Huckleberry... The accountant for Huckleberry Company is preparing the company's statement of cash flows for the fiscal year just ended. The following information is available: Retained earnings balance at the beginning of the year $ 160,000 Cash dividends declared for the year 49,600 Net income for the year 96,500 What is the ending balance for retained earnings

Answers

Answer 1

Answer:

$206,900

Explanation:

According to the given situation, the computation of ending balance for retained earnings is shown below:-

Ending retained earnings = Beginning retained earnings + Net income - Cash dividends

= $160,000 + $96,500 - $49,600)

= $206,900

Therefore for computing the ending retained earnings we simply applied the above formula.


Related Questions

give two reasons for using creative thinking​

Answers

Answer:

to solve problems To find solutions to problems orto find ways to improve business

Sixteen-year-old Omar is starting his first job with long daily commutes and heavy traffic. He wants to be a cautious driver and chooses car insurance with a very
low deductible. What is true?
He will likely pay low premiums.
He will probably have discounted premiums based on past safe driver history
His insurance will probably revise premiums every quarter.
His premiums are likely very high.

Answers

The statement " the premium is likely to be very much high" is correct.

The following information should be considered:

As per the financial experts, the auto insurance plan i.e. highly deductible should be wise as the annual premium amount should be less.In the case of the monthly premium, more amounts should be paid when there is less deductible. But for cars,  there is no need to worry as there should be car insurance having less deductible.

So, the following statements should not be relevant:

Lower premiums.Discounted premium.Revised premiums.

Therefore we can conclude that the statement " the premium is likely to be very much high" is correct.

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The true statement for the given question is :

He will likely pay low premiums.

Car Insurance

The car insurance or the vehicle insurance is defined as the insurance of the vehicle or the security deposit against the car to provide protection to any physical damage to the vehicle.

In the context, Omar has to pay low premiums for the insurance of his car.

This is because the money deducted from him for the insurance for his car is very low. So he has to pay low premiums.

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Small business investment companies (SBICs) a. are licensed and regulated by the Federal Trade Commission. b. may lend funds or supply equity funds. c. obtain part of their capital from local governments at attractive interest rates. d. provide only short-term financing.

Answers

Answer:

b. may lend funds or supply equity funds.

Explanation:

A small business investment companies (SBIC) is a firm that invests in small businesses. Investments are generally carried out through equity financing or private loans. They are regulated and must be licensed by the Small Business Administration (SBA). The SBA lends money to SBICs so that they can invest in specific industries or specific business sectors.

Which of the following would be an example of direct finance? Group of answer choices A saver deposits money into a credit union. A saver buys a bond a corporation has just issued so it can purchase capital. None of the above is correct. A saver buys shares in a mutual fund.

Answers

Answer:

A saver buys a bond a corporation has just issued so it can purchase capital.

Explanation:

Direct finance is the process of financing in which the borrower borrows thd fund directly from the financial institution without involving the third party i.e intermediate, broker, etc

In the question, the option b is correct as it derives that a saver could purchase a bond since the corporation issued it so the capital could be purchased

hence, the second option is correct

Answer:

A saver buys a bond a corporation has just issued so it can purchase capital.

Explanation:

''if there are diminishing returns, the marginal cost curve must be positively sloped '' is true or fall, why?

Answers

Answer to the following question is TRUE.

The given statement "If average cost rises, marginal cost should rise" is correct.

This is because, according to theory, as the estimated price of an item rises, the marginal cost rises more than that rise. And, as the illustration of these two curves shows, when Average Cost grows, so does Marginal Cost.

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Communicating public information messages internally to the workforce is important because it allows the PIO to: A. Enlist support and involvement of organization personnel while communicating a consistent message B. Demonstrate commitment to the organization C. Test the message on a " safe" audience D. Add to the measurable statistics

Answers

Answer:

A. Enlist support and involvement of organization personnel while communicating a consistent message

Explanation:

The PIO (public information officer) is responsible for managing communications with the media, public and other agencies regarding information on incidents. The PIO coordiantes information between the incident commander and the staffs and between the emergency operations center. The communication and coordinating of information internally is important because it allows for organization personnel involvement and leads to dissemination of a consistent information

has a major medical insurance policy with a $500 calendar-year deductible, a $5,000 out-of-pocket limit, and 80-20 coinsurance. was hospitalized for a surgical procedure in March, his first healthcare treatment during the year. The total bill was $20,000. Considering the deductible and coinsurance, how much of this amount must pay

Answers

Answer: $3,900

Explanation:

First the deductible has to be removed.

= 20,000  - 500

= $19,500

With a $5,000 out-of-pocket limit, and 80-20 coinsurance, the insured is to pay 20% of the remaining balance but the maximum they can pay is $5,000 in a given period.

= 20% * 19,500

= $3,900

He will pay $3,900

All else equal, which of the following is most likely to increase a company's retained earnings breakpoint? a. An increase in the company's dividend payout ratio b. both factors will lead to an increase in the retained earnings breakpoint. c. A decrease in the fraction of equity used in the company's target capital structure

Answers

Answer: decrease in the fraction of equity used in the company's target capital structure

Explanation:

Retained earnings is the part of the net income that is left over for the business when the business has already paid out dividends to the shareholders. The retained earnings can be put back into the business.

A decrease in the fraction of equity used in the company's target capital structure will lead to an increase a company's retained earnings breakpoint.

Muir Manufacturing produces two popular grades of commercial carpeting among its many other products. In the coming production period, Muir needs to decide, how many rolls of each grade should be produced in order to maximize profit? Each roll of Grade X carpet uses 50 units of synthetic-fiber, requires 25 hours of production time, and needs 20 units of foam backing. Each roll of Grade Y carpet uses 40 units of synthetic-fiber, requires 28 hours of production time, and needs 15 units of foam backing.
The profit per roll of Grade X carpet is $200 and the profit per roll of Grade Y carpet is $160. In the coming production period, Muir has 3000 units of synthetic-fiber available for use. Workers have been scheduled to provide at least 1800 hours of production time (overtime is a possibility). The company has 1500 units of foam backing available for use. Develop a linear programming model for this problem.
1. Define the Decision Variables.
2. Write the Objective.
3. Write the Constraints.

Answers

Answer:

Kindly check explanation

Explanation:

A) DECISION VARIABLES :

The decision variables in the question above lies in Muir Manufacturing Company's Production target in the coming production period:

The decision variables are thus:

1) Determining the number of rolls of Grade X carpet to manufacture.

11) Determining the number of Grade Y carpet to manufacture.

2) OBJECTIVES :

The objective is to maximize profit :

Profit per roll of Grade X carpet = $200

Profit per roll of Grade Y carpet = $160

The objective function is thus :

$200x + $160y

C.) THE CONSTRAINTS :

1) Synthetic fibre required:

Grade X = 50 units

Grade Y = 40 units

Total available units = 3000

50X + 40Y ≤ 3000

Production time:

Grade X = 25 hours of production time

Grade Y = 28 hours of production time

Scheduled production time to be provided by workers is atleast 1800 hours (since there is possibility for overtime).

25X + 28Y ≥ 1800

111) Foam backing required:

Grade X = 20 units

Grade Y = 10 units

Total available units = 1500

20X + 10Y ≤ 1500

Each roll of Grade X carpet uses 50 units of synthetic-fiber, requires 25 hours of production time, and needs 20 units of foam backing. Each roll of Grade Y carpet uses 40 units of synthetic-fiber, requires 28 hours of production time, and needs 15 units of foam backing.

Which transaction or event required the journal entry: debit Interest expense for $250 and credit Interest payable for $250

Answers

Answer:

Loan or loan note with a specific interest rate

Explanation:

When the firm has taken a loan from the bank or issued loan notes which have the specific interest rate or coupon rate respectively paid in arrears. The interest expense will accrue each year with the entry by debiting the interest expense and crediting the interest payable and when the interest will be paid the entry will be credit cash and debit interest payable.

Molly and Craig are the original parties to a contract. Craig is obligated to design a Website for Molly. They subsequently make an agreement with Eric that Eric should take the place of Craig and assume all of Craig's rights and duties under the contract. The agreement releases Craig from his obligations under the contract. This agreement is

Answers

Answer:

Novation

Explanation:

A novation is an agreement that is made between the two parties. In this, the one-party could take place or we can say the substituting of a new party could be done but the parties could  ready for the novation

Here in the given scenario, since the Eric takes the place of Craig and its rights and duties are now with Eric

So this situation represents the novation agreement

_______ is the arrangement of having discrete parts of a task done by different people. Multiple Choice A division of labor An employee structure A contingency approach A common purpose An organization chart

Answers

Answer:

a. dvision of labor

Explanation:

i hope this helps you!

Canon was able to redesign the copying machine so that it didn't need professional service—reliability was built directly into the machine, and the user could replace parts, such as the cartridge. What Xerox had not envisioned was the possibility that the components of the copying machine could be put together in an altogether different way that was more user-friendly. This example describes

Answers

Answer:

architectural innovation

Explanation:

The scenario is describing the term known as architectural innovation. This refers to the innovation of the specific architecture of any product that changes and/or modifies the way the different components of the machine link or relate to each other, thus allowing it to perform new functions or the same functions but in a much more user-friendly manner. This is what Canon did by changing the architecture of the copying machine so that it was more user-friendly for the end consumer.

The manager of a bulk foods establishment sells a trail mix for $5 per pound and premium cashews for $15 per pound. The manager wishes to make a 75-pound mixture of both that will sell for $13 per pound. How many pounds of each should be used

Answers

Answer:

15 pounds of trail mix60 pounds of premium cashews

Explanation;

75 pounds of the mixture should be made so assuming the trail mix is x and the premium cashew is y, the following expression is formed;

x + y = 75

The selling price per pound is $13 so in total, sales should be;

= 75 * 13

= $975

5x + 15y = 975

Substitution can then be used;

x + y = 75

y = 75 - x

Then;

5x + 15y = 975

5x + 15 ( 75 - x ) = 975

5x + 1,125 - 15x = 975

-10x = -150

x = 15

y = 75 - 15

= 60

15 pounds of trail mix

60 pounds of premium cashews

Danton, a popular performer, dies. His spouse Caitlin sells their house to Buck. Unknown to Caitlin or Buck, in one of the closets is the master recording of an unreleased album. With respect to this recording, Buck can

Answers

Answer:

not keep it because there was no voluntary consent to its sale.

Explanation:

In this situation, Buck can not keep the unreleased album because there was no voluntary consent to its sale. When Danton died, all of his belongings became Caitlin's property. Since she did not know about the album or even that it was in the house when selling the house to Buck, she never agreed to transfer ownership of the album to Buck. Therefore, the album still belongs to Caitlin and Buck must return it.

The general term for the payments for the use of resources is ______?
A. wages
B. rent
C. interest
D. factor payments​

Answers

A. Wages is the general term for the payments for the use of resources

The umbrella word used to describe payments for the usage of resources is Factor payments. Hence, Option D is correct.

What is factor payment?

Factor payments in economics are the compensation that individuals receive for providing the factors of production—land, labor, capital, or entrepreneurialism. Payments made with limited resources or production inputs in exchange for useful services.

 

Rent, wages and salaries for work, interest and dividends are the factor payments received for land, labor, and capital, respectively. It describes one method for determining GDP using income.

The factor income technique, also referred to as the "income approach," calculates GDP by adding employee wages, rent, interest, and profit. Payments provided to production factors, such as rent, interest, profit, wages, etc., are referred to as factors payments.

Thus, Option D is correct.

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Consider the market for DVD movie rentals, which is perfectly competitive. The market supply curve slopes upward, the market demand curve sloped downward, and the equilibrium rental price equals $3.50. Consider each of the following events, and discuss the effects they will have on the market clearing price and the demand curve faced by the individual rental store.a. People’s tastes change in favor of going to see more movies at cinemas with their friends and family members.b. National DVD-rental chains open a number of new stores in this market.c. There is a significant increase in the price of downloading movies on the Internet.

Answers

Answer:

a. price falls, the demand curve moves inward

b. price falls, the demand curve moves inward

c, price rises, the demand curve moves outward

a. A change in people's taste for going to cinema would reduce the number of people going to movie rentals. As a result, the demand for movie rentals would reduce and move inward or leftward. As a result of the inward movement of the demand curve, supply would outstrip demand and prices would fall below $3.50

b. If a National DVD-rental chains opens nationwide, there would be a decrease in demand for DVD movie rentals. As a result, the demand for movie rentals would reduce and move inward or leftward and price falls

A rise in the price of downloading movies on the Internet would increase the cost of downloading movies. This would make people less interested in downloading movies. As a result, the demand for DVD movie rentals would increase. The demand curve would shift outward and price would rise as a result.

Explanation:

Check the attached image for a graphical representation

Four brokerage firms operate in the same small city as Jackson’s firm. All the firms charge approximately the same listing commission and pay approximately the same cooperating commission to the selling broker. The commission splits within each firm are also similar. Is this an antitrust violation? Why or why not?

Answers

Answer:

Yes, this is antitrust violation. Because, the tend to restrain trade in that small city thereby denying other small player brokerage firms from making a living due to their monopolistic actions among themselves.

Explanation:

Antitrust laws are designed in-order to prohibit a number of business practices that restrain trade. Examples of illegal practices are price-fixing conspiracies, corporate mergers that are likely to cut back the competitive fervor of certain markets, and predatory acts designed to gain or hold on to monopoly power.

Violations of such laws attract sanctions and punishment from the regulatory body in-charge of protecting such.

a printed pamphelt that describes goods for sale is called a?

Answers

Answer:

The term "marketing brochure" refers to a small document, or pamphlet, which describes and promotes various products or services to be marketed.

Kennedy, Inc. reported the following data: Net income $173,387 Depreciation expense 12,062 Loss on disposal of equipment (8,995) Gain on sale of building 19,920 Increase in accounts receivable 10,890 Decrease in accounts payable (3,089) Prepare the cash flows from operating activities section of the statement of cash flows using the indirect method. Use the minus sign to indicate cash outflows, a decrease in cash, cash payments, or any negative adjustments.

Answers

Answer:

                                Kennedy, Inc

             Cash flows from operating activities:  

Net income                                                 $173,387

Adjustments to reconcile net income

to net cash flow from  operating activities:  

Depreciation expense                                 $12,062

Loss on disposal of equipment                   $8,995

Gain on sale of building                              -$19,920

Changes in current operating

assets and liabilities:  

Increase in accounts receivable                 -$10,890

Decrease in accounts payable                    -$3,089

Net cash flow from operating activities $160,945

A hospital plans to implement an EHR system and has taken inventory of its current client hardware. The staff requests that the hospital consider purchasing client hardware that enables them to be more mobile so they can work from anywhere in the hospital. Which purchase would be most suitable for this hospital

Answers

Maybe a stronger WiFi Router

Consider the equation of exchange MV=Py. If money stock rises and velocity and output are constant, prices go ______. If money stock rises and prices and output are constant, velocity goes ______.

Answers

Answer:

1.  Up

2.  Up

Explanation:

Quantity theory of money is a theory that describes the relationship between the money supply and price level in an economy, indicating that the relationship is directly proportional to one another.

Also, the theory indicated that when money stock rises and prices and output are constant, then there is higher inflation rates, which then results to increase in the rates of velocity.

Hence, Considering the equation of exchange MV=Py.

Then, If money stock rises and velocity and output are constant, prices go UP. If money stock rises and prices and output are constant, velocity goes UP as well.

The Housing Financial Discrimination Act (Holden Act) prohibits all financial institutions from discriminating in real estate loan approvals based on the geographic location, the neighborhood, or any other characteristic of the property, known as:

Answers

Answer:

Redlining

Explanation:

Redlining stems from discrimination that consists denial of services, maybe financial based on the group one may fall under such as race, ethnicity or location. The Holden act(1977) is a real estate act of California meant to protect individuals from discriminations such as ones that involve denial of mortgage loan on the basis of something other than the credit worthiness of the individual . These discriminations could take the form of mortgage loan and, insurance loan denials or other financial services based on creditworthiness history of the group the person may fall under and not necessarily the individual's qualifications on his own

Five key success factors for a successful business

Answers

Answer:

Plz mark me as brainliest

Explanation:

the 5 Key Success Factors are:

Strategic Focus (Leadership, Management, Planning)

People (Personnel, Staff, Learning, Development)

Operations (Processes, Work)

Marketing (Customer Relations, Sales, Responsiveness)

Finances (Assets, Facilities, Equipment)

Janine buys swimwear for a chain of apparel stores. At a recent trade show, she took the opportunity to meet with a few vendors. During a meeting with the vendor that she normally purchased from each season, he proposed a weekend in the Cayman Islands to view the swimwear that European tourists were wearing. Janine knows that it would be beneficial to see what European tourists are wearing and then translate what she is seeing into her assortment for her target customers. Before continuing her discussions with the vendor, what should she do

Answers

Answer:

B. inform her divisional merchandiser manager of the proposal

Explanation:

Since in the question it is mentioned that the Janine buys from each season also she knows that this thing would become benefiical what European tourists are wearing and applying this in an assortment for the customers that are targeted

So before discussion with the vendor first she reports the divisional merchandiser manager regarding this proposal

The country of Cadmia is known around the world for the high-quality wine it produces. Consumers who do not know much about wine tend to rate the wines from Cadmia more favorably than the wines from Chile, even when independent analysis shows that Cadmian wines are actually inferior. Which of the following barries to international communication provides an explanation to this situation?A) Filter effects
B) Cultural barriers
C) Country of origin effects
D) Pull effects
E) Power distance

Answers

Answer:

C) Country of origin effects

Explanation:

In the above scenario, it is clear that the barriers to international communication provide an explanation for this situation is the effect of the country of origin.

This effect is caused by a psychological phenomenon of associative image very well positioned to a certain country and a specific brand, product or attitude, which causes the bias of nationality, that is, the knowledge with which people perceive such a product of origin. a country that has the image positioned as Cadmia, which is the country known throughout the world as the country that manufactures high quality wines, this will be a significant influence that will make consumers prefer to consume such products.

A 9% coupon bond with an ask price of 100:00 pays interest every 182 days. If the bond paid interest 112 days ago, the clean price of the bond would be

Answers

Answer:

$100

Explanation:

The computation of the clean price is shown below:

As we know that

Clean Price = Dirty Price − Accrued Interest

where,

Dirty price is

= Ask price + Accrued interest

The ask price is $100

And, the accrued interest is

= $100 × 9% × 112 days ÷ 360 days

= $2.74

Now the dirty price is

= $100 + $2.74

= $102.74

Therefore the clean price of the bond is

= $102.74 - $2.74

= $100

Or we can say that the ask price equivalent to the clean price of the bond as both are the quoted prices

Reasons for looting ​

Answers

Answer:

if anyone do something wrong

Answer:

There are several reasons people loot, the most common being a retaliation against someone or something ( an anger towards a business or company ) and leads to plundering the goods of a store or shop. It's also a sad but common theme to loot after natural disasters, such as a hurricane or earthquake. Less common is looting in war, and the only reason it's less common is because fortunately we don't have any wars at the immediate moment

A young couple has $300,000 that they have used to aggressively trade growth stocks. They place their account with a Registered Investment Adviser and direct the adviser to continue the strategy. After 2 years, the value of the account is down to $100,000 and the couple complains to the adviser about the investment performance. The investment adviser should:

Answers

Answer:

the investment advisor should do nothing

Explanation:

In the scenario that is being described, the investment advisor should do nothing. This is because the investment advisor did nothing wrong or illegal, he simply followed the instructions that were strictly provided by the clients, therefore acting in accordance with the customers' wishes. Meaning that he has nothing to fear from the client's being accept because they have no standing to take legal action against the advisor.

You have an option on an ARM that has a two-year adjustment interval, 4% margin, 2% periodic rate cap and a 6% lifetime cap. The current initial rate is 5.35%. You can also get a 30-year, fixed-rate mortgage for 6.65%. You plan on staying in this home for at least 10 years. What would be your best choice?

Answers

Answer:

What would be my best choice is to choose the fixed-rate loan reason been that FIXED-RATE LOAN interest rate remain constant, meaning it does not varies during the period of the loan and the risks involved is lesser.

Explanation:

Based on the information given what would be my best choice is to choose the fixed-rate loan

reason been that FIXED-RATE LOAN interest rate remain constant, meaning it does not varies during the period of the loan and the risks involved is lesser.

Secondly I would choose the FIXED-RATE LOAN because it will enable me to properly predict what my future payments might likely be.

Other Questions
Kemp Corporation manufactures a variety of parts for use in its product. The company has always produced all of the necessary parts for its product, including all of the electronic circuits. The company sells 18,000 units of its product per year. An outside supplier has offered to sell electronic circuits to the company for a cost of $40 per unit. To evaluate this offer, the company has gathered the following information relating to its own cost of producing the electronic circuits internally: Per Unit 18,000 Units per Year Direct materials $ 18 $ 324,000 Direct labor 9 162,000 Variable manufacturing overhead 2 36,000 Fixed manufacturing overhead, traceable 9 * 162,000 Fixed manufacturing overhead, allocated 12 216,000 Total cost $ 50 $ 900,000 *One-third supervisory salary; two-thirds depreciation of special equipment (no resale value). Suppose that if the electronic circuits were purchased, the division supervisor position could be eliminated. Fixed manufacturing overhead will be allocated to other products made by the company. Also, the company could use the freed production capacity to launch a new product. The segment margin of the new product would be $180,000 per year. Given this new assumption, how much would be the financial advantage of buying 18,000 electronic circuits from the outside supplier Carrie rolls two 1-6 number cubes. How many outcomes are possible? The size of a television screen is given as 95 cm, correct to the nearest 5 cm.Write down the upper bound of the size of the television screen. Decide if the following statement is grammatically correct or incorrectMom frte , cest le meilleur! Suppose you have a bag with the following in it: 5 one dollar bills, 4 fives, 3 tens, 5 twenties, and 3 fifties. Assuming the experiment requires drawing one bill from the bag at random, complete the probability distribution for this experiment.Required:What is the probability of drawing 9 dollars or less in a single draw? Simplify (3n - 2m)^2 = Can someone break this down for me? I don't understand why I'm having issues with this. Find the perimeter of the shape with vertices (2, 3), (5, 3) and (5, 7). Teenagerswhen they should stop drinking.A. tend to knowB. have difficulty bypowingC. ignore 1. Cases Prudence has a special (cubic) die. The values on its face are the integers from 1 to 6, but they are not arranged ae in a normal die. When Prudence first tosses the die, the sum of the values on the four side faces is 15. In her second toss, the sum of these values is 12. Find what value appears in the face opposite 6 on Prudences special die. (Hint: what are possible values for the top and bottom face when the sum of the side faces is 12). PLEASE HELP ME Answer the following two questions in your own words: 1. Why can I divide instead of distribute? Why is that allowed? Ex. why can I divide by 6 in 6(3x + 4) = 12 instead of distribute the 6? 2. When creating common denominators, why do I have to multiply the numerator AND the denominator? Ex. why do I have to multiply 1 by 5 AND 2 by 5 when adding 1/2 + 3/10? The sum of two consecutive odd integers is at least 36, find the integers Write a division sentence that describe how many dispensers can be filled if the cafeteria uses 1/6 of coffee to fill a large coffee dispenser if the cafeteria has 2/3 pounds of coffee to use Pls help! If you know the answer solve: a X (b + c); a = -3/2 , b = -2 , c = 11/3 . PLS HELP I WILL GIVE BRAINLIST AND A THANK YOU!!!!!!!! Pls help me :) in alska the colderst temprauter ever recorded is -80 that is much colder than in hawil where the coldest temperature is 15 witch number line represents the solution for the inequality 3x The Masmim familys monthly budget is shown in the circle graph provided in the image. The family has a current monthly income of $5,000. How much money do they spend on food each month? A. $250 B. $500 C. $750 D. $1,100 Please include ALL work! just want to double-check that you understand a practical consequence of the expansion of the universe. Light reaches us from a very distant galaxy. The time the light took to cross this distance and reach us is 10 billion years. The distance this light has crossed in this time is probably What does renaissance mean? Why is it used to describe this period?