How much in dividends did heaton pay

Assignment Help Accounting Basics
Reference no: EM133085747

Question - On 12/31/2020, Heaton Industries Inc. reported retained earnings of $725,000 on its balance sheet, and it reported that it had $172,500 of net income during the year. On its previous balance sheet, at 12/31/2019, the company had reported $555,000 of retained earnings. No shares were repurchased during 2020. How much in dividends did Heaton pay during 2020?

Reference no: EM133085747

Questions Cloud

Convert the er diagrams into relational schemas : Convert the given ER diagrams into relational schemas
Calculate the net profit on the options contract : Calculate the net profit on the options contract if the stock price falls to $89.50 and you exercise the option
What is the amount of each of the additional payments : What is the amount of each of the additional payments he must make for his plan to work out? Assume Billy can earn 2% annual return in his investment account
Creating ECommerce Business : Develop an idea for a prospective small business and select a name for the company. Develop a strategic plan to create a new small business.
How much in dividends did heaton pay : The company had reported $555,000 of retained earnings. No shares were repurchased during 2020. How much in dividends did Heaton pay during 2020
Prepare an income statement for the year ended december : Prepare an income statement for the year ended December 31, 2020. List expenses in the order of dollar amount, from the greatest amount to the smallest
Social media campaign manager for joe biden : Social Media and 2016 US election between Hillary Clinton and Donald Trump and Calculate the ratio of positive retweets to negative retweets (PN ratio)
Explain the importance of integrity in public sector : Explain THREE (3) the importance of integrity in public sector. Recommend FIVE (5) ways to tackle and manage the potential problems
State whether you agree or disagree with financial reporting : State whether you agree or disagree with the financial reporting practice. The entity paid for the personal travel of the chief executive officer

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.

  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!

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