subject
Business, 20.09.2020 16:01 IsabelAyshi

Southlake Properties had sales of $40 million and net income of $2 million in FY2019. The firm declared and paid a dividend of $1.5 million. At the beginning of FY2019 the balance for retained earnings was $4 million. What amount should appear for retained earning in Southlake's FY2019 year end balance sheet?

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 20:20
Atoy manufacturer makes its own wind-up motors, which are then put into its toys. while the toy manufacturing process is continuous, the motors are intermittent flow. data on the manufacture of the motors appears below.annual demand (d) = 50,000 units daily subassembly production rate = 1,000setup cost (s) = $85 per batch daily subassembly usage rate = 200carrying cost = $.20 per unit per year(a) to minimize cost, how large should each batch of subassemblies be? (b) approximately how many days are required to produce a batch? (c) how long is a complete cycle? (d) what is the average inventory for this problem? (e) what is the total annual inventory cost (holding plus setup) of the optimal behavior in this problem?
Answers: 2
question
Business, 22.06.2019 06:10
Amanda works as an industrial designer
Answers: 1
question
Business, 22.06.2019 12:30
howard, fine, & howard is an advertising agency. the firm uses an activity-based costing system to allocate overhead costs to its services. information about the firm's activity cost pool rates follows: stooge company was a client of howard, fine, & howard. recently, 7 administrative assistant hours, 3 new ad campaigns, and 8 meeting hours were incurred for the stooge company account. using the activity-based costing system, how much overhead cost would be allocated to the stooge company account?
Answers: 1
question
Business, 22.06.2019 18:00
*will mark brainliest! * when a company spends resources (labor, money) to give customers "free" items, those costs are called a. investment costs b. economic costs c. scarcity costs d. opportunity costs answer asap!
Answers: 1
You know the right answer?
Southlake Properties had sales of $40 million and net income of $2 million in FY2019. The firm decla...
Questions
question
Mathematics, 25.11.2020 02:10
question
Mathematics, 25.11.2020 02:10
question
Mathematics, 25.11.2020 02:10
Questions on the website: 13722363