What did yucca pay as dividends during may

Assignment Help Managerial Accounting
Reference no: EM133116561

Question - At May 1, Yucca had a balance in retained earnings of $6,500.

Yucca had revenue of 76,300 during May.

Yucca had expense of 43,000 during May.

Yucca received $10,000 from shareholders in exchange for issuing stock during May.

At the end of May, the balance in retained earnings on the balance sheet was 3,700.

Required - What did Yucca pay as dividends during May? State the dividend amount as a positive number.

Reference no: EM133116561

Questions Cloud

How much is hunt owners equity : Suppose Hunt Equipment has receivables of $65,000, furniture totalling $205,000 and cash of $52,000. How much is Hunt owners equity
Briefly describe the functions of lfsa : Briefly describe the functions of LFSA.
People used offshore accounts because they are : ANSWER THE QUESTIONS BELOW AND GIVE EXPLANATION WHY IT IS CORRECT.
Disadvantage of cash dividends : Which one of the following is a disadvantage of cash dividends?
What did yucca pay as dividends during may : At the end of May, the balance in retained earnings on the balance sheet was 3,700. What did Yucca pay as dividends during May
Demand crisis under free-floating exchange regime : Which policy (monetary or fiscal) is more effective in fighting the demand crisis under free-floating exchange regime.
What ideal network performance : Discuss what ideal network performance looks like and provide examples of metrics you would use to measure good network performance
Fixed exchange rate and erm mechanism : Please describe the problem with the fixed exchange rate and ERM mechanism using the example of Great Brittan.
How much interest expense will the company recognize : At maturity, the firm will owe $914. How much interest expense will the company recognize over the term of the bond

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Manage budgets and financial plans

Explain the budgeting process and its importance to a business, identifying the components of different budgets, forecast estimates for inclusion in the budgets.

  Prepare a retained earnings statement

Prepare a retained earnings statement for the year and Prepare a stockholders' equity section of given case.

  Prepare a master budget for the three-month period

Prepare a master budget for the three-month period.

  Construct the companys direct labor budget

Construct the company's direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced.

  Evaluate the predetermined overhead rate

Evaluate the Predetermined Overhead Rate

  Determine the company''s bid

Determine the company's bid if activity-based costing is used and the bid is based upon full manufacturing cost plus 30 percent.

  Compute the pool rates for the different activities

Complete the schedule to compute the pool rates for the different activities.

  Prepare Company financial statements

Prepare Company financial statements

  Prepare an analysis of terracycles

This individual assignment is based on the TerraCycle Inc.

  Discuss the ethical issues

Discuss the ethical issues

  Political resources in emerging markets

Calculate the GDP in Income Approach  and Expenditure Approach

  Management accounting - ehsan electronics company

A new plant accountant suggested that the company may be able to assign support costs to products more accurately by using an activity based costing system that relies on a separate rate for each manufacturing activity that causes support costs.

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!

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