1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
wlad13 [49]
2 years ago
10

Which of the following best describes retained earnings? Select one: Shows in and out flows of cash from the company during a pe

riod Provides a description of sources of funding and uses of funding, at a point in time Records level of reinvested profits Total assets less net liabilities equals equity
Business
1 answer:
jarptica [38.1K]2 years ago
6 0

The option that best describes retained earnings is records level of reinvested profits.

<h3>What is retained earnings?</h3>

Retained earnings is the amount of a company's earnings that is not paid out to shareholders as dividends or used to pay debtors. It is the amount of money that can be reinvested into the business.

To learn more about retained earnings, please check: brainly.com/question/14529006

#SPJ1

You might be interested in
A homeowner has a mortgage balance of $149,570.75. If the interest rate on the loan is 9.5% and the monthly payment is $1,303.55
nalin [4]

Answer:

Principal balance at the end of year 2 = 149,330.9079

Explanation:

Loan Amortization: A loan repayment method structured such that a series of equal periodic installments will be paid for certain number of periods to offset both the loan principal amount and the accrued interest.

We will use the following relationships:

Interest paid = Interest rate × loan balance

Principal paid = Monthly installment - Interest paid

Principal balance= loan balance - principal paid

Year 1

Interest paid    =    9.5%/12 × 149,570.75 =   1,184.101          

Principal paid in year 1 = 1,303.55 -  1,184.101  = 119.448

Principal balance =  149,570.75 - 119.448= 149,451.3018

Year 2

Interest paid = interest rate × loan balance in year 1 = 1183.156

Interest paid = 9.5%/12 × 149,451.3018 = 1183.156

Principal paid = 1,303.55 - 1183.156139  = 120.393

Principal balance at the end of year 2= Principal balance in year 1 - Principal paid in  year 2

= 149,451.3018  - 120.393861  = 149330.9079

Principal balance at the end of year 2 = 149,330.90

8 0
3 years ago
arget Profit Refer again to the income statements for Cover-to-Cover Company and Biblio Files Company on their respective Income
Darya [45]

Answer: $489,000

Explanation:

Amount of sales required  = (Fixed cost + Desired operating income ) / Contribution margin ratio

Contribution margin ratio for Cover-to-Cover Company:

= Contribution margin / sales

= 77,800/ 389,000

= 20%

Desired operating income = Current income + income increase

= 58,350 + 20,000

= $78,350

Amount of sales required:

= (19,450 + 78,350) / 20%

= $489,000

3 0
3 years ago
Mickley Company’s plantwide predetermined overhead rate is $18.00 per direct labor-hour and its direct labor wage rate is $12.00
ipn [44]

Answer:

Results are below.

Explanation:

Giving the following information:

Predetermined overhead rate= $18.00 per direct labor-hour

Direct labor wage rate= $12.00 per hour.

Job A-500

Direct materials $220

Direct labor $60

<u>First, we need to calculate the direct labor hours:</u>

Direct labor hours= 60/12= 5

<u>Now, we can allocate overhead:</u>

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 18*5

Allocated MOH= $90

<u>Finally, the unit cost:</u>

<u></u>

Total cost= 220 + 60 + 90= $370

Unit cost= 370/60

Unit cost= $6.17

5 0
3 years ago
In at least 150 words, analyze the relationships of users and participants in marketing research projects. Examine each group th
AlekseyPX

Answer:

Financial markets offer some solace

Explanation:

Financial markets offer some solace: After tumbling the most in more than two months on Wednesday in the wake of the April consumer price data, the S&P 500 Index jumped on Thursday and Friday. Bond yields also retreated after a surge, suggesting no big fear of breakout inflation.#accelerationism

5 0
3 years ago
Assume Lavender Corporation has a market value of $4 billion of equity and a market value of $19.8 billion of debt. What are the
harkovskaia [24]

Answer:

Debt = 83.19%

Equity  = 16.81%

Explanation:

Given that

Market value of the equity = $4 billion

Market value of debt = $19.8 billion

Total firm capital would be

= Market value of the equity + Market value of the debt

= $4 billion + $19.8 billion

= $23.8 billion

So, the weightage of debt would be

= Market value of debt ÷ Total firm capital

= $19.8 billion ÷ $23.8 billion

= 83.19%

And, the weightage of equity is

= Market value of equity ÷ Total firm capital

= $4 billion ÷ $23.8 billion

= 16.81%

5 0
3 years ago
Other questions:
  • What are some consideration that must taken into account to evaluating economics model
    7·1 answer
  • Under what circumstances should a company's mangement team give serious consideration to bidding aggressively to win contracts t
    15·1 answer
  • After the planning and implementation phases of strategic marketing process is a phase known as
    13·1 answer
  • A sporting goods store purchased $10,150 worth of ski boots in October. The store had $4,350 of ski boots in inventory at the be
    9·1 answer
  • To find the present value of a cash flow expected to be paid or received in the future, you will the future value cash flow by (
    7·1 answer
  • Suppose a firm has 35 million shares of common stock outstanding at a price of $15 per share. The firm also has 200,000 bonds ou
    8·1 answer
  • Pharoah Company borrowed $1470000 from U.S. Bank on January 1, 2019 in order to expand its mining capabilities. The 5-year note
    8·1 answer
  • Boris, Inc. sells a single product for $900 per unit, including a 90-day warranty against defects. It is estimated that 3% of th
    13·1 answer
  • *The best answer will receive brainliest, I will friend you, and I will like all of the questions you've asked or answered.
    12·2 answers
  • A local butcher and a worker at a cereal factory both work in what Agriculture, Food, and Natural Resource pathway?
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!