During its first five years of operations, Della Manufacturing reports net income and pays dividends as follows. Calculate the balance of retained earnings at the end of each year. Note that retained earnings will always equal $0 at the beginning of year 1. YearNetIncomeDividendsRetainedEarnings1$1,700$1,000________22,7001,000________33,2002,000________45,4002,000________57,6003,000________
What will be an ideal response?
| Year | Net Income | Dividends | Retained Earnings* |
| 1 | $1,700 | $1,000 | $700 |
| 2 | 2,700 | 1,000 | 2,400 |
| 3 | 3,200 | 2,000 | 3,600 |
| 4 | 5,400 | 2,000 | 7,000 |
| 5 | 7,600 | 3,000 | 11,600 |
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Duncan Crafts manufactures specialty key chains for tourist attractions. On January 1, the firm had 300 souvenir attraction disks, costing $3 each, used in the production of key chains. During the year Duncan Crafts purchased 1,500 souvenir disks costing $3 each and produced 1,100 key chains. Compute the total cost of souvenir disk raw materials inventory at December 31.
What will be an ideal response?
In Microsoft Office 2010, a link to the Web can be inserted in pictures as well as in text
Indicate whether the statement is true or false
Which nonquantitative forecasting approach asks each member of the sales force for his or her best estimate of sales for their individual territories over the coming year?
A. incremental productivity method B. generalist sales forecast C. survey of sales intentions D. sales force composite E. equalized workload method
According to Henry Shue, who should have responsibility to protect workers from potential harm caused by imported goods? I. The employers of the workers facing the potential harm II. The governments of the people who may be harmed III. The companies importing the goods IV. Consumers who ultimately buy the goods
a. I only b. I and II c. I, II and III d. I, II, III and IV