Business, 02.03.2020 19:44, needhelpwithHW10

On December 31 of the current year, Pilozzi Company has the following information available: Common Stock $5 million Additional Paidminusin Capital $4 million Retained Earnings $2 million Cash $2 million Investment in Trading Securities $50,000 On December 31 of the current year, can the Board of Directors declare and pay a cash dividend of $ 3 million? A. No, Retained Earnings is below $ 3 million. B. No, the cash balance is below $ 3 million. C. Yes, if they can borrow some money, or liquidate some assets. D. No, Cash and Retained Earnings are both below $ 3 million.

Answers: 2

Show answers

Other questions on the subject: Business

Business, 21.06.2019 19:30, azireyathurmond1

Henry crouch's law office has traditionally ordered ink refills 7070 units at a time. the firm estimates that carrying cost is 4545% of the $1212 unit cost and that annual demand is about 245245 units per year. the assumptions of the basic eoq model are thought to apply. for what value of ordering cost would its action be optimal? a) for what value of ordering cost would its action be optimal? its action would be optimal given an ordering cost of $nothing per order (round your response to two decimal place

Answers: 3

continue

Business, 22.06.2019 07:10, mega29

1. the healthy pantry bought new shelving and financed $7,300 with 36 monthly payments of $267.65 each. suppose the firm pays the loan off with 13 payments left. use the rule of 78 to find the amount of unearned interest. 2. the healthy pantry bought new shelving and financed $7,300 with 36 monthly payments of $267.65 each. suppose the firm pays the loan off with 13 payments left. use the rule of 78 to find the amount necessary to pay off the loan. ! i entered 967.82 for question 1 and 5,455.78 for question 2 and it said it was

Answers: 3

continue

Business, 22.06.2019 21:00, QueenMiah16

Sue peters is the controller at vroom, a car dealership. dale miller recently has been hired as the bookkeeper. dale wanted to attend a class in excel spreadsheets, so sue temporarily took over dale's duties, including overseeing a fund used for gas purchases before test drives. sue found a shortage in the fund and confronted dale when he returned to work. dale admitted that he occasionally uses the fund to pay for his own gas. sue estimated the shortage at $450. what should sue do?

Answers: 3

continue

Business, 22.06.2019 22:00, KHaire6856

The following table gives the map coordinates and the shipping loads for a set of cities that we wish to connect through a central hub.,(7,(4,(7,(6,(2,( 2,) for the location of the proposed new central hub, the coordinates should be near: x==) if the shipments from city a double, for the location of the proposed new central hub, the coordinates should be near: x==.926.865.017.21

Answers: 1

continue

Do you know the correct answer?

On December 31 of the current year, Pilozzi Company has the following information available: Common...