subject
Business, 21.01.2021 22:50 emmanuellugo40

On January 1, 2016, Miller Corporation had retained earnings of $8,000,000. During 2016, Miller reported net income of $1,390,000, declared dividends of $390,000, and issued common stock for $1,100,000. What were Miller's retained earnings on December 31, 2016

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 21:00
The market for corn in country a is highly competitive. at the current market price of $5/bushel there is a shortage of 100,000 bushels of corn in this country. media reports claim that the price of corn will rise drastically in the near future. according to these reports, the neighboring country b had witnessed a similar situation recently. at the same price, the shortage in country b was also 100,000 bushels and eventually the equilibrium price in b went up to $10/bushel. both countries are known to have equal number of corn producers and the market supply of corn is identical at all prices. this, combined with the fact that consumers in the two countries also have similar tastes and preferences, led the media to conclude that the price of corn in country a would soon be as high as $10/bushel. the new equilibrium price turns out to be below $10/bushel, what inferences can be drawn?
Answers: 3
question
Business, 22.06.2019 04:00
You are thinking of making your mansion more energy efficient by replacing some of the light bulbs with compact fluorescent bulbs, and insulating part or all of your exterior walls. each compact fluorescent light bulb costs $4 and saves you an average of $2 per year in energy costs, and each square foot of wall insulation costs $1 and saves you an average of $0.20 per year in energy costs.† your mansion has 150 light fittings and 3000 sq ft of uninsulated exterior wall. to impress your friends, you would like to spend as much as possible, but save no more than $750 per year in energy costs (you are proud of your large utility bills). how many compact fluorescent light bulbs and how many square feet of insulation should you purchase? how much will you save in energy costs per year? (if an answer does not exist, enter dne.)
Answers: 1
question
Business, 22.06.2019 15:30
Careers in designing, planning, managing, building and maintaining the built environment can be found in the following career cluster: a. agriculture, food & natural resources b. architecture & construction c. arts, audio-video technology & communications d. business, management & administration
Answers: 2
question
Business, 22.06.2019 19:30
Exercise 4-9presented below is information related to martinez corp. for the year 2017.net sales $1,399,500 write-off of inventory due to obsolescence $80,440cost of goods sold 788,200 depreciation expense omitted by accident in 2016 43,600selling expenses 65,800 casualty loss 53,900administrative expenses 53,500 cash dividends declared 43,300dividend revenue 22,100 retained earnings at december 31, 2016 1,042,400interest revenue 7,420 effective tax rate of 34% on all items exercise 4-9 presented below is information relateexercise 4-9 presented below is information relate prepare a multiple-step income statement for 2017. assume that 61,500 shares of common stock are outstanding. (round earnings per share to 2 decimal places, e.g. 1.49.)prepare a separate retained earnings statement for 2017. (list items that increase retained earnings first.)
Answers: 2
You know the right answer?
On January 1, 2016, Miller Corporation had retained earnings of $8,000,000. During 2016, Miller repo...
Questions
question
English, 17.09.2020 05:01
question
Mathematics, 17.09.2020 05:01
question
Mathematics, 17.09.2020 05:01
question
Mathematics, 17.09.2020 05:01
question
Mathematics, 17.09.2020 05:01
question
Geography, 17.09.2020 05:01
question
Mathematics, 17.09.2020 05:01
question
Chemistry, 17.09.2020 05:01
question
Mathematics, 17.09.2020 05:01
question
Mathematics, 17.09.2020 05:01
question
Mathematics, 17.09.2020 05:01
question
Mathematics, 17.09.2020 05:01
question
Biology, 17.09.2020 05:01
question
Mathematics, 17.09.2020 05:01
question
English, 17.09.2020 05:01
question
Mathematics, 17.09.2020 05:01
question
Physics, 17.09.2020 05:01
question
Mathematics, 17.09.2020 05:01
question
Mathematics, 17.09.2020 05:01
question
Mathematics, 17.09.2020 05:01
Questions on the website: 13722359