User Account

All Pages

Calculate balance in Mountain beginning retained earnings

Assignment Help Accounting Basics
Reference no: EM132465405

Question - Mountain Company earns a net income of $430,500 and pays dividends of $39,000 during the period. Mountain has ending retained earnings of $733,500.

Calculate the balance in Mountain's beginning retained earnings?

A. $516,000

B. $469,500

C. $391,500

D. $342,000

Reference no: EM132465405

Questions Cloud

What will ending Company X balance in Common Stock : Suppose next year the Company X generates $44,200 in net profit, pays $12,000 in dividends, What will ending Company X balance in Common Stock
How much would remain at the end of the ten years : You have invested $160,000 at 12%. After paying the above school fees, how much would remain at the end of the ten years?
What will retained earnings be for abc 2019 : During 2019, the company reported $420 in net income, and it paid out a dividend of $200. What will retained earnings be for ABC's 2019 year-end balance sheet?
Computing the discounted cash flow model : XYZ common stock is expected to pay a dividend of $2.23 next year, and that dividend grows at a constant rate of 11.2. If the current price of XYZ common
Calculate balance in Mountain beginning retained earnings : Mountain Company earns a net income of $430,500 and pays dividends of $39,000. Calculate the balance in Mountain's beginning retained earnings
Measures to influence potential investors : How can management teams utilize these measures to influence potential investors?
What is global data net cash flow from financing activities : Proceeds from borrowing at bank (note payable) $220,500. What is Global Data's net cash flow from financing activities
Why? would not the tax researcher just consult the code : Why? wouldn't the tax researcher just consult the Code since it is the highest? authority? Similarly, why is there a need for administrative rulings
What is the current share price : If the required return on this stock is 12.5 percent, what is the current share price?

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd