subject
Business, 06.05.2020 17:10 hhvgbv49551

At January 1, 2020, Beidler Company reported retained earnings of $2,000,000. In 2020, Beidler discovered that 2019 depreciation expense was understated by $400,000. In 2020, net income was $900,000 and dividends declared were $250,000. The tax rate is 20%. Prepare a 2020 retained earnings statement for Beidler Company.

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 01:30
Someone knows the answer i need in the exam
Answers: 2
question
Business, 22.06.2019 20:40
Owns a machine that can produce two specialized products. production time for product tlx is two units per hour and for product mtv is four units per hour. the machineā€™s capacity is 2,100 hours per year. both products are sold to a single customer who has agreed to buy all of the companyā€™s output up to a maximum of 3,570 units of product tlx and 1,610 units of product mtv. selling prices and variable costs per unit to produce the products follow. product tlx product mtv selling price per unit $ 11.50 $ 6.90 variable costs per unit 3.45 4.14 determine the company's most profitable sales mix and the contribution margin that results from that sales mix.
Answers: 3
question
Business, 22.06.2019 21:20
What business practice contributed most to andrew carnegieā€™s ability to form a monopoly?
Answers: 1
question
Business, 22.06.2019 23:50
Jaguar has full manufacturing costs of their s-type sedan of Ā£22,803. they sell the s-type in the uk with a 20% margin for a price of Ā£27,363. today these cars are available in the us for $55,000 which is the uk price multiplied by the current exchange rate of $2.01/Ā£. jaguar has committed to keeping the us price at $55,000 for the next six months. if the uk pound appreciates against the usd to an exchange rate of $2.15/Ā£, and jaguar has not hedged against currency changes, what is the amount the company will receive in pounds at the new exchange rate?
Answers: 1
You know the right answer?
At January 1, 2020, Beidler Company reported retained earnings of $2,000,000. In 2020, Beidler disco...
Questions