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PtichkaEL [24]
2 years ago
10

True or false: retained earnings equals net income plus distributions to shareholders.

Business
1 answer:
Goshia [24]2 years ago
6 0

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

#SPJ1

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Justin is the grantor of an ILIT. When he dies, his estate needs cash for funeral costs, final medical expenses, death taxes, et
slavikrds [6]

Answer:1 the answer is d, 2. The answer is d, 3.The answer is C, 4. The answer is d, 5. When the policy holder does not dies within the years in which the policy was taken

Explanation:

1.Trust is a group of people which has the authority to manage a asset of the owner of the asset after the death of the owner of such asset. The trustee take over the management of the asset that is the properties of the owner after the death of the owner.

2.The major type of insurance are motor vehicle insurance, fidelity guarantee insurance, fire insurance, burglary theft or robbery insurance, Accident insurance, life insurance such as joint life insurance, whole life insurance,term insurance, Annuity insurance, indexed universal life insurance.

3.Annuity insurance : This is the insurance policy in which the insured pays a lump sum of money in form of premium to the insurance company which matures at the retirement of the insured .the insurance company makes regular payment of income to the policy holder on his retirement for a specified period or for the rest of his life depending on the agreement reached and the lump sum paid by the insured.

4.The joint life insurance is the insurance policy which can be jointly taken by two people, the insurance company pays a lump sum to the person who has not died out of the two people that take the policy if the first person out of the two person that takes the policy dies within the period in which the policy was taken with the insurance company.

5. Incident of ownership is the right given by the insurance company to the insured to change the beneficiary listed by the insured on the life insurance policy taken by the insured with the insurance company. The insured can exercise his right under this measures to change the names of the beneficiaries who will receive the benefits after the death of the insured.

6 0
4 years ago
Until the mid-1700s, the 13 colonies often had diverse histories and economies, which provided ___________.
Natali [406]
Until the mid-1700s, the 13 colonies often had diverse histories and economies, which provided <span>little incentive for them to join together to meet shared goals.
Since these colonies were so different, they didn't have any common cause or a reason to band together so as to achieve such common goals. 
</span>
4 0
3 years ago
Green Roof Motels has more cash on hand than its operations require. Thus, the firm has decided to pay out some of its earnings
Readme [11.4K]

Answer: A.dividends

Explanation:

Dividends are cash payments made to shareholders of a firm out of its profits.

A stock split is when the number of outstanding shares of firm is increased by a definite number.

Stock payment is all forms of payment made to shareholders. It can include payment with dividends or property.

Share Repurchase is when a company purchases its shares from shareholders in the open market. It reduces the amount of shares outstanding.

Payment in kind is when the interest of a financial instrument is paid with additional debt or stock instead of cash.

8 0
3 years ago
Noah graduated with his B.A. in early childhood education in December, but public schools are not hiring until spring. Factors t
Kruka [31]

Answer:

Job #3 ( c )

Explanation:

The job that bets fits Noah based on the factors that are important to him which are, working with children in a classroom,providing educational opportunities, working close to home and finding a full-time job. the best job fit for him would be job #3.

Job #3 gives Noah the opportunity to work with children in a classroom as a tutor, and this provides educational opportunities as well it is also a full time job and probably close to home

3 0
3 years ago
Use the following information to answer this question. Windswept, Inc. 2017 Income Statement ($ in millions) Net sales $ 9,200 C
hram777 [196]

Answer:

Dividend Paid $743

Explanation:

From retained earnings, we can work out dividend paid

Retained earnings beginning           $460

Net income for the year                    $993

Retained earnings-closing                ($710)

Divided paid                                       $743

4 0
3 years ago
Read 2 more answers
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