subject
Business, 18.03.2021 01:30 foreignlove1039

The accountant for Crusoe 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 $ 127,000 Cash dividends declared for the year 47,000 Proceeds from the sale of equipment 82,000 Gain on the sale of equipment 7,200 Cash dividends payable at the beginning of the year 19,000 Cash dividends payable at the end of the year 21,200 Net income for the year 93,000 What is the ending balance for retained earnings

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 20:30
Suppose the price of a complement to lcd televisions rises. what effect will this have on the market equilibrium for lcd tvs?
Answers: 1
question
Business, 22.06.2019 06:30
Selected data for stick’s design are given as of december 31, year 1 and year 2 (rounded to the nearest hundredth). year 2 year 1 net credit sales $25,000 $30,000 cost of goods sold 16,000 18,000 net income 2,000 2,800 cash 5,000 900 accounts receivable 3,000 2,000 inventory 2,000 3,600 current liabilities 6,000 5,000 compute the following: 1. current ratio for year 2 2. acid-test ratio for year 2 3. accounts receivable turnover for year 2 4. average collection period for year 2 5. inventory turnover for year 2
Answers: 2
question
Business, 22.06.2019 21:50
Varto company has 9,400 units of its sole product in inventory that it produced last year at a cost of $23 each. this year’s model is superior to last year’s, and the 9,400 units cannot be sold at last year’s regular selling price of $42 each. varto has two alternatives for these items: (1) they can be sold to a wholesaler for $8 each, or (2) they can be reworked at a cost of $251,100 and then sold for $34 each. prepare an analysis to determine whether varto should sell the products as is or rework them and then sell them.
Answers: 2
question
Business, 22.06.2019 23:40
When randy, a general manager of a national retailer, moved to a different store in his company that was having difficulty, he knew that sales were low and after talking to his employees, he found morale was also low. at first randy thought attitudes were poor due to low sales, but after working closely with employees, he realized that the poor attitudes were actually the cause of poor sales. randy was able to discover the cause of the problem by utilizing skills.
Answers: 2
You know the right answer?
The accountant for Crusoe Company is preparing the company's statement of cash flows for the fiscal...
Questions
question
English, 15.02.2021 14:00
question
Mathematics, 15.02.2021 14:00
question
Chemistry, 15.02.2021 14:00
question
Mathematics, 15.02.2021 14:00
question
Biology, 15.02.2021 14:00
Questions on the website: 13722367