Answer: $66,810,000
Explanation: take the balance at the beginning of the year add it to the net income from statement of comprehensive incomes then minus the cash dividends declared from the total of the beginning balance and net income then get the retained balance at the end of the 20Y3 year of 66 810 000.
The stock dividends of 2,600,000 have two accounts involved which is stock( inventory) and dividends declared which is an liability.
Sumter Pumps Corporation
retained income statement for the year ending 31 december 20Y3
balance 01/jan/20Y3 $59,650,000
CHANGES IN EQUITY
Net Income 8,160,000
dividends paid and declared
Cash dividend 1,000,000
stock dividend 0
balance 31 dec 20Y3 $66,810,000
Answer:
Structural unemployment
Explanation:
Structural unemployment arises when workers are unable to find work because their skills do not match market requirements. Structural unemployment cans result from changes in technology or unavailability of job openings that match the skills possessed by the unemployed population.
Juan's skills are irrelevant in the industry. No employer will be interested in her with her current training. For Juan to find work, she needs to learn new skills.
Answer:
e) resource costs to individual activities.
Explanation:
Under ABC that is activity based costing system, all the indirect costs are allocated based on activities and ratio of activities in different department.
Therefore, correct option is assignment of the resource cost that is basic cost to individual activities.
As with this we calculate the activity cost per unit of activity, this further allocates cost to the portion of activity to each department.
Answer:
I’m saying the answer is C, which is the real-wage effect.