Business, 16.01.2020 02:31, rayniqueamee2002

On 12/31/2020, heaton industries inc. reported retained earnings of $425,000 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? select the correct answer. a. $302,442 b. $302,269 c. $302,327 d. $302,384

Answers: 3

Show answers

Other questions on the subject: Business

Business, 22.06.2019 09:40, bennett2968

Boone brothers remodels homes and replaces windows. ace builders constructs new homes. if boone brothers considers expanding into new home construction, it should evaluate the expansion project using which one of the following as the required return for the project?

Answers: 1

continue

Business, 22.06.2019 13:30, ayoismeisalex

On january 2, well co. purchased 10% of rea, inc.’s outstanding common shares for $400,000, which equaled the carrying amount and the fair value of the interest purchased in rea’s net assets. well did not elect the fair value option. because well is the largest single shareholder in rea, and well’s officers are a majority on rea’s board of directors, well exercises significant influence over rea. rea reported net income of $500,000 for the year and paid dividends of $150,000. in its december 31 balance sheet, what amount should well report as investment in rea?

Answers: 3

continue

Business, 22.06.2019 17:40, treestump090

Aproduct has a demand of 4000 units per year. ordering cost is $20, and holding cost is $4 per unit per year. the cost-minimizing solution for this product is to order: ? a. 200 units per order. b. all 4000 units at one time. c. every 20 days. d. 10 times per year. e. none of the above

Answers: 3

continue

Business, 22.06.2019 18:50, gucc4836

Retirement investment advisors, inc., has just offered you an annual interest rate of 4.4 percent until you retire in 40 years. you believe that interest rates will increase over the next year and you would be offered 5 percent per year one year from today. if you plan to deposit $13,000 into the account either this year or next year, how much more will you have when you retire if you wait one year to make your deposit?

Answers: 3

continue

Do you know the correct answer?

On 12/31/2020, heaton industries inc. reported retained earnings of $425,000 on its balance sheet, a...