Business, 13.07.2019 01:20 edjiejwi

Consider the following information to calculate the balance of retained earnings at the end of may. balance in retained earnings on april 30 $69,000 dividends paid to stockholders during may $1,000 revenues for the month of may $12,000 expenses for the month of may 12,500 select one: a. $43,500 b. $67,500 .$70,000 d. $94,500

Answers: 3

Show answers

Other questions on the subject: Business

Business, 21.06.2019 23:30, rbriezz

The uno company was formed on january 2, year 1, to sell a single product. over a 2-year period, uno’s acquisition costs have increased steadily. physical quantities held in inventory were equal to 3 months’ sales at december 31, year 1, and zero at december 31, year 2. assuming the periodic inventory system, the inventory cost method which reports the highest amount for each of the following is inventory december 31, year 1/ cost of sales year 2 a: lifo fifo b: lifo lifo c: fifo fifo d: fifo lifo

Answers: 3

continue

Business, 22.06.2019 01:40, foreverrocky12p2asun

At the local level, the main role of ctsos is to encourage students to become urge them to programs and competitive events. 1. a. interns b. trainees c. members 2. a. participate b. train c. win

Answers: 2

continue

Business, 22.06.2019 11:40, antbanks3050

Jamie is saving for a trip to europe. she has an existing savings account that earns 3 percent annual interest and has a current balance of $4,200. jamie doesn’t want to use her current savings for vacation, so she decides to borrow the $1,600 she needs for travel expenses. she will repay the loan in exactly one year. the annual interest rate is 6 percent. a. if jamie were to withdraw the $1,600 from her savings account to finance the trip, how much interest would she forgo? .b. if jamie borrows the $1,600 how much will she pay in interest? c. how much does the trip cost her if she borrows rather than dip into her savings?

Answers: 1

continue

Business, 22.06.2019 19:40, gakodir

Last year ann arbor corp had $155,000 of assets, $305,000 of sales, $20,000 of net income, and a debt-to-total-assets ratio of 37.5%. the new cfo believes a new computer program will enable it to reduce costs and thus raise net income to $33,000. assets, sales, and the debt ratio would not be affected. by how much would the cost reduction improve the roe? a. 11.51%b. 12.11%c. 12.75%d. 13.42%e. 14.09%

Answers: 3

continue

You know the right answer?

Consider the following information to calculate the balance of retained earnings at the end of may....