Your friend has questions about retained earnings and dividends. How do you explain to him that dividends
Question:
Your friend has questions about retained earnings and dividends. How do you explain to him that dividends are paid out of retained earnings?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 54% (11 reviews)
Dividends are paid out of retained earnings Retained earnings come from one ...View the full answer
Answered By
James Warinda
Hi! I’m James Otieno and I'm an experienced professional online tutor with countless hours of success in tutoring many subjects in different disciplines. Specifically, I have handled general management and general business as a tutor in Chegg, Help in Homework and Trans tutor accounts.
I believe that my experience has made me the perfect tutor for students of all ages, so I'm confident I can help you too with finding the solution to your problems. In addition, my approach is compatible with most educational methods and philosophies which means it will be easy for you to find a way in which we can work on things together. In addition, my long experience in the educational field has allowed me to develop a unique approach that is both productive and enjoyable.
I have tutored in course hero for quite some time and was among the top tutors awarded having high helpful rates and reviews. In addition, I have also been lucky enough to be nominated a finalist for the 2nd annual course hero award and the best tutor of the month in may 2022.
I will make sure that any student of yours will have an amazing time at learning with me, because I really care about helping people achieve their goals so if you don't have any worries or concerns whatsoever you should place your trust on me and let me help you get every single thing that you're looking for and more.
In my experience, I have observed that students tend to reach their potential in academics very easily when they are tutored by someone who is extremely dedicated to their academic career not just as a businessman but as a human being in general.
I have successfully tutored many students from different grades and from all sorts of backgrounds, so I'm confident I can help anyone find the solution to their problems and achieve
0.00
0 Reviews
10+ Question Solved
Related Book For
Principles Of Accounting Volume 1 Financial Accounting
ISBN: 9781593995942
1st Edition
Authors: Mitchell Franklin, Patty Graybeal, Dixon Cooper, OpenStax
Question Posted:
Students also viewed these Business questions
-
How do you explain the fact that some people make very high returns on stock markets?
-
How do you explain the fact that a single rose at the supermarket florist Is $1.49 every day of the year except the week before and during Valentine's Day, when it increases to $3.50?
-
How do you explain the fact that years ago, cheese was considered the poor person's food, selling for less than a quarter of the price of beef? Today, beef and cheese are priced approximately the...
-
Mickey Limited is a manufacturing business that uses a standard costing system. The companys flexed budget for April 20X9 is: Sales 173,340 Costs Direct materials (22,500) Direct labour (37,684)...
-
Which of the following items can be deducted (up to $5,000) and amortized as part of a partnerships organizational expenditures? a. Legal fees for drawing up the partnership agreement b. Accounting...
-
The actual cost of the work performed at the end of the third week for the project in Problem 4 is $16,500. Determine the cost performance index for the project. IN PROBLEM 4 A project consists of...
-
What makes Nikes focus on the customer efficient and effective?
-
Callahan (2009) conducted a study to evaluate the effectiveness of physical exercise programs for individuals with chronic arthritis. Participants with doctor-diagnosed arthritis either received a...
-
Which of the following are true regarding rotary encoders? A. Incremental quadrature encoders require four digital lines on a microcontroller B. For an incremental encoder, checking each rising and...
-
An office of a state license bureau has two types of arrivals. Individuals interested in purchasing new plates are characterized to have service times as TRIA(8.8, 13.7, 15.2); all times are in...
-
You are a consultant working with various companies that are considering incorporating and listing shares on a stock exchange. Explain the importance of the EPS calculation to financial analysts who...
-
Which of the following is true of a stock dividend? A. It is a liability. B. The decision to issue a stock dividend resides with shareholders. C. It does not affect total equity but transfers amounts...
-
The six-month forward rate between the British pound and the U.S. dollar is $1.75 per pound. If six month interest rates are 3% in the United States and 150 basis points higher in England, what is...
-
If your mass is 6 0 kg , then your weight in an elevator moving upward with an acceleration of 5 m / s 2 , is?
-
On Jul 1, BGA issued $1,500,000 of Bonds Payable at 95, with semi-annual, 6% interest due next on Jan 1. Bonds have two year maturity and mature on Jul 1, 2019. Accrue the Interest Expense and...
-
A company has been approached by a customer with an offer to buy 10,000 units of product but the customer wants a 25% discount off the normal selling price of $12. Unit-related cost of goods sold is...
-
n January 2 nd , Jenny purchased a delivery van for cash. Jenny estimates that the business will use the van for 8 years and that it will have a resale value after 8 years for 30% of the purchase...
-
Our company has reviewed the utilities bills for our company. We have determined that the highest and lowest bills were $5,000 and $3,200 for the months of January and September. If we produced 1,050...
-
Examine the following pairs of puts, which differ only by exercise price. Determine whether either of them violates the rules regarding relationships between American options that differ only by...
-
Why do markets typically lead to an efficient outcome for buyers and sellers?
-
Explain why a partner who sells his or her interest in the partnership for cash must include his or her share of the partnership liabilities in the amount realized from the sale.
-
What are the tax consequences to a partner who sells his or her partnership interest if the partnership has Sec. 751 assets (i.e., unrealized receivables or inventory items)? What is the reason for...
-
What requirements must a partnership meet to make an election to use the simplified reporting rules available to electing large partnerships?
-
1) Why do we have methane release from frequent flooding of the Amazon basin? because the water 2) Methane is a much more potent green house gas than CO2 - why?
-
1. A sample of polyisobutylene (PIB) has a glass transition temperature of 5C. At what frequency o would the energy lost per cycle in this PIB at 0C be same as it is at 1 Hz at 30C? (Note: You may...
-
7. Consider a single plane of atoms shown below. What is the minimum Radius Ratio allowed for r*/r? Cation Anion
Study smarter with the SolutionInn App