The materials that helps you achieve your goals are called :
Resources
Example of resources are :
- Capital
- Connection
- Skilled workers
hope this helps
Answer: B. Statement 1 is false and statement 2 is true
Explanation:
Preference Shareholders do not see their dividends raised when a company is going through good times. This is because they usually earn a FIXED dividend.
Ordinary/Common Shareholders though, will usually see their dividends rise when a company performs well so that they may enjoy the profits.
If you need any clarification do comment.
Answer:
= $1,244,600
Explanation:
Cost of asset = $2,800,000
Using MACRS depreciation schedule, calculate depreciation amount per year by multiplying each year's depreciation percentage by the cost of the asset;
Depreciation percentage (Yr1 ) = 33.33% or 0.3333 as a decimal
Depreciation amount (Yr1 ) = 0.3333 * $2,800,000 = $933,240
Depreciation percentage (Yr2 ) = 44.45% or 0.4445 as a decimal
Depreciation amount (Yr2 ) = 0.4445 * $2,800,000 = $1,244,600
Retained earnings equals net income plus distributions to shareholders. False.
<h3>What is retained earnings?</h3>
Retained earnings is the cumulative profit of a company after distributions to shareholders (dividends) have been accounted for. Retained earnings is net income less dividends.
The formula used to determine retained earnings is :
Retained earnings = beginning of period retained earnings + net income - dividends.
To learn more about retained earnings, please check: brainly.com/question/14529006
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