Common stock increased-What is the net income

Assignment Help Financial Accounting
Reference no: EM13793321

Jensen Enterprises paid $470 in dividends and $615 in interest this past year. Common stock increased by $265 and retained earnings decreased by $84. What is the net income for the year?

Reference no: EM13793321

Questions Cloud

Entertainment marketing and communication : Entertainment Marketing and Communication
Describe diversity training : The content of the final complete manual will be developed throughout the course and will need to cover diversity issues
Importance to the history of technology : Write a paragraph (at least 100 words) for EACH of the following topics. Make sure to 1) describe/define the item by giving an example from the course, and 2) discuss its importance to the history of technology.
Discuss the performance and financial position : Discuss the performance and financial position of the three companies and in your discussion highlight the possible causes of the differences between the three companies.
Common stock increased-What is the net income : Jensen Enterprises paid $470 in dividends and $615 in interest this past year. Common stock increased by $265 and retained earnings decreased by $84. What is the net income for the year?
Write on a franchise in pop culture that you are passionate : Write about a franchise in pop culture that you are passionate about. What drew you to this pop culture phenomenon? What are the defining qualities of this franchise?
Choose two major figures from the renaissance : Choose two major figures from the Renaissance, and compare their contributions. Which one do you believe had the more lasting impact on the modern world? Explain your response.
Buying stock with commission at your discount brokerage firm : What is TJ Co's cost of equity? Rose Resources faces a smooth annual demand for cash of $10.0 million; incurs transaction costs of $325 every time they sell marketable securities, and can earn 3.9 percent on their marketable securities. Buying Stock ..

Reviews

Write a Review

Financial Accounting Questions & Answers

  Compute the total price and quantity materials variances

During July, the company purchases and uses 3,800 pounds of materials costing $19,570 in making 1,530 units of finished product. Compute the total, price, and quantity materials variances.

  Prepare the journal entry for E Corporations sale

DCL Industries purchased a supply of mechanical components from E Corporation on November 1, 2009. In payment for the $48,000 purchase, DCL issued a 1-year installment note to be paid in equal monthly payments at the end of each month. Prepare the jo..

  The subsequent selected transactions relate to

the subsequent selected transactions relate to contingencies of classical tool makers inc. which started operations in

  Investment has cash outflows

If an investment has cash outflows of Q dollars at the end of each year for three years, then the present value of these cash outflows under a 10% rate of return will be:

  Jane collier james taye and steve allwine each own

jane collier james taye and steve allwine each own one-third of the common stock of tasty treats and beverages. the

  Historical performance of a company

Analyzing the productivity and profitability of the company and historical performance of a company

  What will uncollectible accounts expense be

If 5% of outstanding receivables will be uncollectable, and the balance in accounts receivable is 200,000, with an allowance account of 3,000 credit balance before adjust ment at the end of the year, what will uncollectible accounts expense be?

  Component of the year-end inventory balance

Which of the following would not be a component of the year-end inventory balance?

  Treasury stock-the contract interest rate for bonds

Frick Corporation issued $100,000 of 7%, 15-year bonds on June 1, 2014 (dated April 1 2014) at 101 plus accrued interest, which is paid on April 1 and October 1. The proper entry to record issuance of the bonds includes a debit to Cash for: The contr..

  Calculate the book value of machine

Calculation of book value of machine - what will be the machine's book value as of December31, 2008?

  On the basis of the following data for seller co for 2008

on the basis of the following data for seller co. for 2008 and the preceding year ended december 31 2007 preparenbspa

  Prepare a quarterly income statement

Prepare a quarterly income statement, a statement of retained earnings, and a balance sheet and journalize and post the adjusting entries. In the ledger accounts ( T-accounts), indicate the adjusting entries with an A.

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