On 12/31/2020, Heaton Industries Inc. reported retained earnings of $675,000 on its balance sheet, and it reported that it had $172,500 of net income during the year. On its previous balance sheet, at 12/31/2019, the company had reported $555,000 of retained earnings. No shares were repurchased during 2020. How much in dividends did Heaton pay during 2020? a. $47,381
b. $49,875
c. $57,881
d. $55,125
e. $52,500

e. $52,500

Explanation:

Beginning  balance of retained earnings= $555,000

Net earning for the period=$172,500

Closing retained earnings balance for the period: $675,000

Closing retained earning =Beginning balance + net earnings - dividend

$675000 = $555,000 +$172,500- Dividends

$675000 = $727,500 - Dividends

Dividends = $727,500 - $675,000

Dividends =$52,500

a manufacturer of printed circuit boards uses exponential smoothing with trend to forecast monthly demand of its product. at the end of december, the company wishes to forecast sales for january. the estimate of trend through november has been 200 additional boards sold per month. average sales have been around 1000 units per month. the demand for december was 1100 units. the company uses α = 0.20 and β = 0.10. make a forecast including trend for the month of january.

answer; ///decision making under risk;