FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The following information is available for Nirshaz Inc. for 2019: Retained earnings increased by $80,000. Net Income for the year was $200,000. Dividends payable increased

image text in transcribed

The following information is available for Nirshaz Inc. for 2019: Retained earnings increased by $80,000. Net Income for the year was $200,000. Dividends payable increased by $30,000. Dividends paid during the year amounted to: None of the available answers are correct O $90,000 $170,000 O$120,000 $150,000

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Auditing Physician Services Verifying Accuracy In Physician Services And E M Coding To Protect Medical Practices

Auditing Physician Services Verifying Accuracy In Physician Services And E M Coding To Protect Medical Practices

Authors: Betsy Nicoletti

3rd Edition

0998498564, 978-0998498560

More Books

Students also viewed these Accounting questions

Question

★★★★★
In problems, find the value of the indicated sum. (a) (b) (c) 6 (k-1) k-1 7

Answered: 1 week ago

Question

★★★★★
What values/benefits can CM transfer to the licence partners for consumer products apart from using the Postman Pat characters?

Answered: 1 week ago

Question

★★★★★
=+12.11. Let G be a nondecreasing, right-continuous function on the line, and put F(x, y) =min{G(x), y). Show that F satisfies the conditions of Theorem 12.5, that the curve C = [(x, G(x)): x ER']...

Answered: 1 week ago

Question

★★★★★
Refer to the Crystal Springs Filtration Department Data Set. 1. Compute the May conversion costs in the Filtration Department. 2. If the Filtration Department completely processed 205,000 liters,...

Answered: 1 week ago

Question

★★★★★
Lakeview Company completed the following two transactions. The annual accounting period ends December 31. a. On December 31, calculated the payroll, which indicates gross earnings for wages...

Answered: 1 week ago

Question

★★★★★
Problem 6 - 7 As the chief financial officer of Adirondack Designs, you have the following information: a . Calculate Adirondack's times - interest - earned ratio for next year assuming the firm...

Answered: 1 week ago

Question

★★★★★
Bethany got a call yesterday from First Bank, the company that issued her credit card, inquiring about an $ 1 0 5 . 0 0 charge made in Jamaica. Upon learning that Bethany was at home in Minnesota and...

Answered: 1 week ago

Question

★★★★★
Arya earns $17.20 per hour and works 80.0 regular hours per bi-weekly pay period. In addition, Arya worked 8.5 overtime hours this pay period, which are paid at 1.5 times her regular hourly rate. She...

Answered: 1 week ago

Question

★★★★★
Use the ML Practitioner Assessment project to answer this question. Which two of the following statements about the "grade" column in the schools_data dataset are true? It has a mean of 10.56 and a...

Answered: 1 week ago

Question

★★★★★
= CPPREP4104 Establish buyer re lationships -NSW ? Item 10 of 13 You have received two (2) first home buyer enquiries via email - they have both filled out a buyer profile. Open and read through...

Answered: 1 week ago

Question

★★★★★
Use the ML Practitioner Assessment project to answer this question. Classification models establish a certain probability as a threshold. In the Evaluate recipe, if the model assigns a probability to...

Answered: 1 week ago

Question

★★★★★
2. What technologies are used by UPS? How are these technologies related to UPSs business strategy? United Parcel Service (UPS) started out in 1907 in a closet-sized basement office. Jim Casey and...

Answered: 1 week ago

Question

★★★★★
2. Identify the problems that businesses in this case study solved by using mobile digital devices. How much of your job can you do from the palm of your hand? Probably more than you think. Today...

Answered: 1 week ago

Question

★★★★★
1. What kinds of applications are described here? What business functions do they support? How do they improve operational efficiency and decision making? How much of your job can you do from the...

Answered: 1 week ago

Previous Question Next Question