The 2019 balance sheet of Dyrdek’s Skate Shop, Inc., showed $530,000 in the common stock account and $2.3 million in the additional paid-in surplus account. The 2020 balance sheet showed $570,000 and $2.5 million in the same two accounts, respectively. If the company paid out $320,000 in cash dividends during 2020, what was the cash flow to stockholders for the year?

Answers

Answer 1

Answer:

$80,000

Explanation:

[tex]The \ expression \ for \ calculating \ cash \ flow \ to \ stockholders \ is:[/tex]

[tex]Cashflow \ = \ Dividend \ paid \ during \ the \ year \ - \ change \ in \ t he \ value \ of \ common \ stock \ during \ - \ change \ in \ value \ of \ stock \ in \ the \ previous \ year[/tex][tex]Here;[/tex]

[tex]Change \ in \ value \ of \ Common \ stock \ during \ the \ year \ =[/tex] [tex]\ Value \ of \ Common \ stock \ of \ the \ Curren t \ Year - Value\ of \ Common \ stock \ of \ the \ Previous \ Year[/tex]

[tex]Change \ in \ valu e \ of \ Additional \ paid \ in \ surplus \ account \ during \ the \ year =[/tex]

[tex]Value \ of \ Additional \ paid \ in \ surplus \ account \ o f \ the \ Current \ Year \ -[/tex] [tex]\ Value \ of \ Additional \ paid \ in \ surplus \ account \ of \ th e \ Previous \ Year[/tex]

From the information given:

[tex]Dividend \ Payment \ during \ the \ year[/tex] 2020 = $320000

[tex]Value \ of \ stock \ in \ current \ yr[/tex]= i.e. 2020 = $570000

[tex]Value \ of \ stock \ in \ previoius \ yr[/tex] = i.e. 2019 = $530000

Change = $570000 - $530000 = $40,000

[tex]Value \ of \ Ad ditional \ paid-in \ surplus \ acct \ of \ the \ current \ year[/tex] = $2,500,000

[tex]Value \ of \ Ad ditional \ paid-in \ surplus \ acct \ of \ the \ previous \ year[/tex] = $2,300,000

Change = $2,500,000 - $2,300,000  = $ 200000

[tex]By \ using \ the \ above \ information \ in \ the \ formula \ for \ calculating \ the \ cash \ flow \ to[/tex]

[tex]\ stackholder, \ we \ get:[/tex]

= $320000 - $40,000 - $ 200000

= $80,000


Related Questions

In your own words, describe the differences between the industrial organization (I/O) and the resource-based models of above-average returns. As an analyst, how would you determine the significance or validity of these models with respect to a given industry

Answers

Answer:

The differences between the industrial organization (I/O) and the resource-based models of above-average returns can be summarized as follows:

1. The I/O model stresses that above-average returns can only be achieved given the opportunities and threats of the prevailing market structure.  This implies that the returns that the entity achieves depend on whether the market is a perfect competition, a monopoly, a monopolistic competition, or an oligopoly.  It is eternally-focused.  The I/O model is a market-based strategic approach that is environmentally-driven.

2. On the other hand, the resource-based model explains that the entity could achieve above-average returns because of the entity's unique or heterogeneous resources and capabilities.  Therefore, this approach tends to match a firm's resources and capabilities to the market opportunities that arise in the external environment.  This strategic approach concentrates on the strengths and weaknesses of the internal resources and capability endowment.

3. In any given industry, the significance or validity of these models can be determined by examining how the business entity spends its resources.  Is the entity developing its internal capability through training and, what is its cultural orientation?  Or is it fighting the competition with its resources, thereby dissipating energy on market positioning?

Explanation:

The I/O model or market-based theory is of the view that market opportunities and threats determine the achievable outcomes for an entity.  It takes what the market gives.  The resource-based theory has a different view.  It suggests that the internal resources an entity possesses are valuable, rare, uncommon, and difficult for competitors to replicate.  Therefore, it tries to develop these resources and capabilities in order to achieve superior performance.  It is not a price or profit taker but a price mover and profit shaker.

A positive statement is Group of answer choices can be shown to be correct or incorrect. based upon an optimistic judgment. a value judgment. reflects one’s opinions.

Answers

Answer: can be shown to be correct or incorrect.

Explanation:

Positive statement are statements that are objective in nature based on research and evidence. This means that they can be shown to be either correct or incorrect.

They are not based on optimistic judgement but on objective judgement. They are not value judgements either and are not meant to reflect one's opinions but rather that of fact.

Blossom Industries produces and sells a cell phone-operated home security control. Information regarding the costs and sales of security controls during May 2020 are provided below. Unit selling price of security control $45 Unit variable costs $22 Total monthly fixed costs $121,000 Units sold 7,500 Prepare a CVP income statement for Blossom Industries for the month of May. Provide per unit values and total values.

Answers

Explanation:

                          Total                                   Per Unit

Sales                          $  337,500                            $  45

Less: Variable Cost  $  165,000                            $  22

Contribution margin  $  172,500                                    $  23

Less : Fixed Cost          $  121,000  

Profit                          $  51,500  

Sales Total = $ 45 * 7,500 Units

Variable Cost Total = $ 22 * 7,500 Units

Contribution Margin Total = $ 23 * 7500 Units

List and briefly describe three popular forms of ownership used in the lodging industry that allow for rapid expansion.

Answers

Answer:

Three popular forms are; Franchising, Management Contracts & Vacation Ownership. They are explained below

Explanation:

Three popular forms are; Franchising, Management Contracts & Vacation Ownership.

1) Franchising: This is a well-known marketing strategy that's used for business expansion and it's simply an arrangement whereby one party named the "franchisor" will grant or license some of it's rights and authorities to another party named the "franchisee".

It works such that a contractual agreement would be in place between Franchisor and Franchisee. In this agreement, the Franchisor will authorize the franchisee to sell their goods, products & services and give them rights to use their brand name & trademark.

2) Management contracts: This is simply an arrangement whereby the operational control of an entire enterprise will be vested by contract in a separate enterprise that will perform the necessary managerial functions in exchange for a specific fee. Now, management contracts are not just about selling a method of doing things but also about actually doing them.

3) Vacation ownership: This is a term used to refer to owning a timeshare.

Now, the mode of operation is usually a deeded ownership where we purchase a fraction of our favorite resort. The fraction is usually sold in weekly increments but then is also converted into points that can be used all around the world.

Select the correct answer.
if you are friendly, outgoing, and love to travel, you might consider a career in what cluster?
A Arts and communication
B. Logistics and transportation
C Hospitality and tourism
D. Agriculture

Answers

B is the answer because logistics has to do with alot of transporting
C. Hospitable and outgoing travel. I think it works

You will most likely be working with a small business during your internship. Please describe some of the unique challenges you think a small business faces and how you would contribute to that work environment.

Answers

Explanation:

Small companies may face challenges that hinder the ideal flow of business, such as the lack of staff training, communication failures, high tax burden, difficulty in accessing credit, etc., which contributes to the rapid bankruptcy of these companies, that cannot survive in the long term in the market and compete with the big companies.

As an intern at a large company, it is ideal to seek networking that creates interpersonal relationships that facilitate the exchange of information and even suggestions for new ideas for the business. It is also essential that the trainee be an example of dedication and responsibility with their tasks, reporting correctly and assisting in the company's communication processes, always seeking to bring innovative and creative ideas that contribute to the organizational goals and objectives.

Suppose you bought a 8 percent coupon bond one year ago for $1,070. The bond sells for $1,135 today. Requirement 1:Assuming a $1,000 face value, what was your total dollar return on this investment over the past year

Answers

Answer:

The total dollar return on this investment over the past year is $145.

Explanation:

The total return will be the sum of the interest income received from the bond and any price apppreciation received after one year period.

First we need to determine the interest income

Interest income = Face value of the bond x Coupon rate

where

Face value = $1,000

Coupon rate = 8%

Interest income = $1,000 x 8%

Interest income = $80

Now calculate the price appreciation

Price appreciation = Present value of the bond - Purchase value of the bond

Where

Present value of the bond = $1,135

Purchase value of the bond  = $1,070

Placing values in the formula

Price appreciation = $1,135 - $1,070

Price appreciation = $65

Now calculate the total return

Total return = Interest income +  Price appreication

Total return = $80 + $65

Total return = $145

Carl Lester has liquid assets of $3,400 and current liabilities of $1,800.(a) What is his current ratio

Answers

Answer:

A. Current ratio = 1.9

B. A current ratio of 1.9 will be totally viewed as less than desirable.

Explanation:

(a) Calculation for What is his current ratio

Using this formula

Current ratio= Liquid assets / Current liabilities

Let plug in the formula

Current ratio= $3,400 / $1,800

Current ratio = 1.9

(b) The comment that best describes his financial position is that A current ratio of 1.9 will be totally viewed as less than desirable.

Question 9 of 10
April has joined a team with members from the sales, customer service, and
shipping and receiving departments. Which term best describes the team
April joined?
A. Problem-solving team
B. Self-managing team
C. Cross-functional team
ОО
D. Work team
SUBMIT

Answers

Answer:

Cross functional team

Explanation:

blah blah blah blah

Which assumption below best reflects a basic understanding economists have about the world? Group of answer choices The world has limited productive resources. There are limited wants. More output creates more wants. Output will always satisfy the needs of a society.

Answers

Answer:

The assumption which best reflects a basic understanding that economists have about the world is:

The world has limited productive resources.

Explanation:

This is the economic concept of scarcity.  Scarcity is the concept of limited resources, which worries about the gap between societal resources and unlimited human wants. Economists try to explain that this situation of scarce resources requires the making of choices (decisions) that will ensure the efficient allocation of the resources to meet basic human needs and other increasing wants.

The cost for direct labor is $30 per direct labor hour and the cost of the direct materials used by Job 603 is $1,400.How much manufacturing overhead would be allocated to Job 603 using the departmental overhead rates

Answers

Answer:

the total manufacturing overhead allocated is 610

Explanation:

The computation of the manufacturing overhead allocated is as follows;

= Assembly department + sandling department

= 50 × 11 + 15 × 4

= 550 + 60

= 610

Hence, the total manufacturing overhead allocated is 610

We simply applied the above formula so that the total manufacturing allocated to Job 603 could come

which trends are reshaping
the business, microeconomic and
microeconomic environments and
Competitive arena?​

Answers

I think Identify the different engineering activities/steps in the engineering design process for each steps,summarize in 1–3 sentences what happens during the step?

Randall owns and operates a successful landscaping company. His net profit income in 2019 was $209,000. What is the amount of SE tax he must pay

Answers

Answer:

Randall

The amount of SE tax he must pay is:

$22,540.60

Explanation:

a) Data and Calculations:

Net profit income for 2019 = $209,000

Self-employment tax:

First $132,900 * 15.3% = $20,333.70

Excess of $76,100 ($209 - 132,900) * 2.9% = $2,206.90

Total SE tax = $22,540.60

b) The IRS states that Randall's self-employment (SE) tax 2019 rate is 15.3 percent on the first $132,900 of his net profit income plus 2.9 percent on the net income in excess of $76,100 ($209 - 132,900).  It has been ascertained that being self-employed can significantly lower the tax bill. The self-employed can claim specific benefits, allowances, and reliefs if they are business expenses. These business expenses may include various office costs, advertising and marketing, and travel costs.

A businessman wants to buy a truck. The dealer offers to sell the truck for either $120,000 now, or six yearly payments of $25,000.What is the interest rate being offered by the dealer in percentage (rounded to the closest integer number)

Answers

Answer: 6.77%

Explanation:

Based on the information given in the question, the following can be deduced:

Initial amount (PV) = $120000

Annual payment (PMT) = $25000

Number of payment period (NPER) = 6

Annual rate = Rate(nper, pmt, -pv)

= Rate(6, 25000, -120000)

= 6.77%

Give three examples of possible age-based conflicts in the workplace

Answers

Answer:
• Interdependence/Task-Based Conflicts
• Leadership Conflicts
• Work Style Conflicts

Hopes this helps!!

"Consider a C corporation. The corporation earns $2.5 per share before taxes. After the corporation has paid its corresponding taxes, it will distribute 50% of its earnings to its shareholders as a dividend. The corporate tax rate is 30%, the tax rate on dividend income is 20%, and the personal income tax rate is set at 28%. What are the shareholders earnings from the corporation after all corresponding taxes are paid

Answers

Answer:

$0.70 per stock

Explanation:

before tax corporate income = $2.50 per stock

after tax corporate income = $2.50 x (1 - 30%) = $1.75 per stock

distributed dividends = $1.75 x 50% = $0.875 per stock

since the tax rate on dividends is 20%, then the after tax gain earned by stockholders is $0.875 x (1 - 20%) = $0.70 per stock

Some dividends are taxed as long term capital gains (like these), which decreases the tax rate paid by stockholders. If they were taxed at the normal income rate, the tax rate would have been 8% higher.

Criblez Corporation has two divisions: Blue Division and Gold Division. The following report is for the most recent operating period:


Total company Blue Division Gold Division
Sales $431,000 $106,000 $325,000
Variable expenses 154,810 54,060 100,750
Contribution margin 276,190 51,940 224,250
Traceable fixed expenses 177,000 38,000 139,000
Segment margin 99,190 $13,940 $85,250
Net operating income $30,230

The Blue Division's break-even sales are closest to: _____

Answers

Answer:

The Blue Division's break-even sales are closest to  $276,212

Explanation:

Break even point is the level at which a firm makes neither profit nor loss.

Break-even sales (dollars) = Fixed Costs ÷ Contribution Margin

Where,

Contribution Margin = Contribution ÷ Sales

                                 = $276,190 ÷ $431,000

                                 = 0.64

Therefore,

Break-even sales (dollars) = $177,000 ÷ 0.64

                                            = $276,212

A decrease in consumer spending can be expected to shift the aggregate demand curve ________.

a. upward and cause output to rise
b. upward and cause output to decline
c. downward and cause output to rise
d. downward and cause output to decrease
e supply of the Canadian dollar in the foreign exchange market rises.

Answers

Answer:

d. downward and cause output to decrease

Explanation:

As we know that

Aggregate demand = Consumption expenditure + government expenditure + net export

Where,

Net export = Export - import

In the case when there is a reduction in the consumer spending so it would be expected that the aggregate demand curve would be shifted to the downward due to which it results in reduction in output

Therefore the option d is correct

if the united states imposes an import quota on imported soybeans, how much will the united states produce domestically

Answers

Answer:

If the United States imposes an import quota, domestic production will rise, from what was produced at the world price (because the world price is the price the equilibrium price in the absence of tariffs), to the level of production determined by the domestic price.

Explanation:

This increase in production will only benefit domestic producers though, because they will now sell a higher quantity at a higher price, raising their incomes substantially.

Consumers, however, will be worse off, because before the tariff, they could buy the same amount of soybeans at the lower world price, but with the tariff, they are obliged to purchase the soybeans at the higher domestic price, lowering their available income for other goods and services.

A person studying economics chooses to buy an economic textbook for their class, even though it means they cannot afford to buy a video game they want. This shows an understanding of

Answers

Answer:

d consequences and tradeoffs.

Explanation:

just took the test its d figured ill answer your question since you haven't been answered yet. good luck on your tests

Answer:

Explanation:D

a local pet store, pais with pawa, donates a portion of every saleto pet rescues in its communitythis exhibits the company's​

Answers

Tucytdfydtyjdyrtydydjtyfususuudjddjjdjdj is a op team player who is played in the cteam league roster roster for the players roster for players who are players team player team player rankings for the teams players in team team plays fhgtjydjtyddtyjfytdyjtdykdytdtydktyditydktyddtykftf team player rankings for players for team players who are team players players who have qualified teams players for players who have qualified teams for the players players who played in

. In the nation of Foxystan, a $1000 increase in consumer spending typically causes GDP to rise by $5000. The marginal propensity to save in Foxystan is equal to

Answers

Answer:

Explanation:pog

Based on the amount of consumer spending and the change in GDP, the Marginal propensity to Save is 0.20

First find the GDP multiplier:

= Change in GDP/ Change in spending

= 5,000 / 1,000

= 5

The multiplier is also calculated as:

Multiplier = 1 / Marginal propensity to save

5 = 1 /  MPS

MPS x 5 = 1

MPS = 1/5

= 0.2

In conclusion, the MPS is 0.2

Find out more on Marginal Propensity to Save at https://brainly.com/question/17930875.

what do investors use the income statements of organizations for?​

Answers

Investors use income statements to determine the profitability of a company over time. You can also look for trends in company spending and earnings because the statement breaks down individual revenue and expenses.

Hope it helps u..........!

What should be the minimum amount of years you allow your retirement
investments to grow?
a. 10 years
b. 20 years
c. 30 years
d. 40 years

Answers

Answer:

a. 10 years

Explanation:

Investing for retirement is a long-term project. The earlier a person starts to invest, the better for them as they will enjoy the benefits of compounding.

Ideally, saving for retirement should start the moment one gets employed. This gives them ample time to save and accumulate money for use in retirement. There is no upper limit as to how many years one should save for retirement. However, one needs to save for at least ten years to have sufficient funds for retirement.

How do venture investors adjust for the belief that entrepreneurs tend to be overly optimistic in their sales forecast

Answers

Answer:

Explained below

Explanation:

Entrepreneurs usually get to be too optimistic in their sales and also cash flow forecasts.

Now, venture capitalists and other seasoned external investors know that the ability to forecast sales, and even cash flows, accurately, tend to be inversely related to the firms position in its life cycle.

Generally speaking, the more difficult it is to accurately forecast sales, the greater the riskiness of the venture. Due to that, the venture capitalists and other seasoned external investors normally adjust for this added difficulty by making sure the expected value of the entrepreneur's sales forecasts is adjusted downwards or by use of higher discount rates in order to value the cash flows of the venture.

Y3K, Inc., has sales of $6,229, total assets of $2,845, and a debt-equity ratio of 1.6. If its return on equity is 12 percent, what is its net income?

Answers

Answer: $131.31

Explanation:

The following can be gotten from the question:

Debt to equity ratio = 1.60

Since Asset = debt+ equity

Let's represent equity = x

Therefore, 2845 = 1.60x + x

2845 = 2.60x

x = 2845 / 2.60

x = 1094.23

Therefore, equity = 1094.23

Then Debt will be:

= 1094.23 × 1.60

= 1750.77

Since the return on equity is given as 12%, then:

ROE = Net Income/ equity

0.12 = Net income / 1094.23

Net income = 1094.23 × 0.12

= 131.31

Suppose the United States chose to legalize the production and use of marijuana, but also decided to put a tax on the good. After doing so, suppose that the price that consumers paid fell, and the amount that growers got to keep also fell. This would

Answers

Answer:

indicate that the demand-side effect was greater than the supply-side effect.

Explanation:

In the case when the United States wants to select for legalization the production and chose the marijuana also at the same time it is decided to put a tax on the good now after that the price that paid by the consumers would fall and the amount also fall this would result in sharing the tax burden between the producers and consumers as the demand effect is greater than the supplies effect

Which statement is true about the purpose of a Work-In-Process constraint?

a. It identifies possible constraints for Solution completion.
b. It helps analyze, approve, and track Portfolio Epics and Enablers
c. It captures where all new "big" ideas come from
d. It encourages collaboration and enables flow

Answers

Answer:

a. It identifies possible constraints for Solution completion.

Explanation:

Work in process limits or constraints represent the fixed constraints that implemented on kanban boards that helps in removing the wastage from the processes

In the given statement, the first statement is true as it identifies the possible constraints in order to complete the solution

Therefore the same is to be relevant

Hence, all the other options are wrong

Using the information below for Laurels Company; determine the manufacturing costs added during the current year:

Direct materials used $5,000
Direct labor 7,000
Total factory overhead 5,100
Beginning work in process 3,000
Ending work in process 4,000

a. $12,000.
b. $16,100.
c. $17,100.
d. $18,100.
e. $13,600.

Answers

Answer:

C. $17,100

Explanation:

The manufacturing cost for the year is computed as;

Manufacturing cost = (Direct materials + Direct labor + Total factory overheads) + Beginning work in process - Ending work in process

Direct materials

$5,000

Direct labor

$7,000

Total factory overheads.

$5,100

Direct manufacturing costs

$17,100

Add beginning work in process

$3,000

Less ending work in process

($4,000)

Total manufacturing costs

$16,100

Do you agree with the decision from below mention case?

While driving his employer’s vehicle to call on a customer, Mandel decides to stop at his bank—which is one block off his route—to make a personal deposit. Mandel then negligently runs into a parked vehicle owned by Kelly. In this situation, because Mandel’s detour from the employer’s business is not substantial, he is still acting within the scope of employment, and the employer is liable.

The result would be different, however, if Mandel had decided to pick up a few friends for cocktails in another city and in the process had negligently run into Kelly’s vehicle. In that situation, the departure from the employer’s business would be substantial, and the employer normally would not be liable to Kelly for damages. Mandel would be considered to have been on a "frolic" of his own.

Answers

Answer:

I do agree with the decision.

Explanation:

Luckily for all of us, employees are still human beings. As such, we are allowed certain privileges when using a company's car, e.g. we are allowed to go to a coffee shop to buy a cup of coffee or eat something while we are using the car. In this case, Mandel went to the bank, which was only 1 block away form his route, which is still under the normal scope of what an employee can do. He could argue that he wanted to check his bank account were he deposits his paycheck.

It is very different if Mandel does something irresponsible like going out with friends or drinking. In no way these actions can be related with his normal employment activities.

Other Questions
All you need to know is in pic below how do you count Karyotypes like how does one come up with 47 or 46? What is 7 + 7x; 7 (x + 1/7)? PLEASE ANSWER QUICKLY !! I have 2 dice. If I roll both dice, what is the probability of rolling a 5 and then an even number 14. Mnica y MagdalenaI(compartir) una pizza. will got 17 out of 25 questions correct on his driving test what percent correct did he get on the test? How are herbivore and carnivore alike what is the ordered pair to y=7x-2 Learning Task 5: Copy the table below in your notebook. Then, identify theforms of the verbs study and prepare using the aspects of verbs indicatedin Column 1. Forms of the verb know in Column 2 serve as an example.StudyPrepareAspects of VerbSimple PresentKnowknow/knowsSimple PastknewSimple Futurewill knowPresent Progressiveis/are knowingPast Progressivewas/were knowingFuture Progressivewill be knowingPresent Perfecthas/have knownPast Perfecthad knownFuture Perfectwill have knownPresent Perfect Progressive has/have been knowingPast Perfect Progressivehad been knowingFuture Perfect Progressivewill have been knowing The function of mitochondria and chloroplasts is related to energy. In what way does their function differ?A. Mitochondria produce energy in prokaryotic cells, while chloroplasts produce energy in eukaryotic cells.B. Mitochondria produce energy from food, while chloroplasts produce food from the Suns energy.C. In plants, mitochondria provide energy in non-green cells, while chloroplasts provide energy to cells in parts of the plant that are green.D. Mitochondria provide energy in the night, while chloroplasts provide energy in the day.E. Mitochondria provide energy from food synthesized by organelles other than chloroplasts, while chloroplasts provide energy through photosynthesis using the Suns energy. Hi guys, I have to write something about Herodotus for my next history class, any ideas? thanks :-) is the word "is" in the phrase "is taking" a verb?A) noB) yes ____ at school yesterday ? a)did you be b)did you go c)have you been d)where you Which of the following is an advantage to deconstructing literature?1. Understanding how stories work.2. Tapping into author's purpose.3. Understanding themes within the story.4. All of the above. Brainliest to right answer HELP!!ASAP Worth 10 points Drawing the attention of his classmates as well as his teacher, the student dared to experiment with his professors intelligence by interrogating him about the Bible.what is the tone and mood A fitness club charges its members a one time fee of 40$ and a monthly rate of 25$ what is this in q expression Write a linear model for the amount of boxes, b, as a function of the number of hours since they opened, h. Use your model to predict the number of boxes in stock at the end of an 8 hour shift. You are running in a 26-mile race.You have run 17 miles so far.What is the ratio of the miles you have left to the total number of miles in the race?