ABC had a net income of $8,000, $5,000, $12,000, and $10,000 over the first four years of the company's existence. If the average annual amount of dividends paid over the last four years is $3,000, what is the ending retained earnings balance?

$23000.

Explanation:

Given:

ABC had a net income of $8,000, $5,000, $12,000, and $10,000 over the first four years of the company's existence.

The average annual amount of dividends paid over the last four years is $3,000.

Question asked:

What is the ending retained earnings balance?

Solution:

First of all we will calculate total dividends paid during four years:-

Average annual amount of dividends = $3,000

Total number of years = 4

As we know:

Multiplying both sides by 4

That means, ABC paid $12,000 dividends over the last four years.

Now, Net income = 8000 + 5000 + 12000 + 10000 = $35000

Ending retained earnings balance = Net income - Dividend paid

                                                         = $35000 - $12,000

                                                         = $23000

Therefore, the ending retained earnings balance of ABC is $23000.

the correct answer would be b, when, queen, calder hall and london.

explanation:

we always capitalize words when a paragraph or sentence is starting, when an important name is used, when a place is being written, or simply when a noun is used, etc. so in this sentence, sentence is starting from 'when', so it will be written in capital letters. secondly, queen is considered to be an important person, so it will also be written in capital letter. next, the name of the town is mentioned, i-e calder hall, which will also be written in capital letters. in the last,   city name is being used, 'london', which will also be written in capital letters. so option b is the most appropriate one.

the answer is true

for e2020 ; -;