On January 1, 2019 Miller Corporation had retained earnings of $8,000,000. During 2019, Miller reported net income of $1,500,000, declared dividends of $500,000, and had revenues of for $10,000,000. What were Miller's retained earnings on December 31, 2019? A) $9,000,000 B) $9,500,000 C) $17,500,000 D) $7,500,000
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Acompany manufactures x units of product a and y units of product b, on two machines, i and ii. it has been determined that the company will realize a profit of $3 on each unit of product a and $4 on each unit of product b. to manufacture a unit of product a requires 7 min on machine i and 5 min on machine ii. to manufacture a unit of product b requires 8 min on mchine i and 5 min on machine ii. there are 175 min available on machine i and 125 min available on machine ii in each work shift. how many units of a product should be produced in each shift to maximize the company's profit p?
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Business, 22.06.2019 15:40
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On January 1, 2019 Miller Corporation had retained earnings of $8,000,000. During 2019, Miller repor...
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