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2 years ago

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

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Which process involves monitoring identified and residual risks, identifying new risks, carrying out risk response plans, and ev

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Explanation:

A risk event is an uncertain event or occurrence that can affect the achievement of the objectives of a project.

Controlling risk involves monitoring identified and residual risks, identifying new risks, carrying out risk response plans, and evaluating the effectiveness of risk strategies throughout the life of the project.

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The adjusted trial balance should be prepared ______ the financial statements are prepared in order to prove the ______ of the d

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4 years ago

The four types of consumer products differ in terms of the (1) effort the consumer spends on the decision, (2) attributes used i

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Answer:

Types of Consumer Product Examples

Convenience Product: Zest bar soap

Shopping Product: Sony Blu-ray Disc™ player

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Maytag® dishwasher

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Explanation:

a) The factors that distinguish consumer products are:

(1) effort the consumer spends on the decision

(2) attributes used in making the purchase decision

(3) frequency of purchase.

b) Types of Consumer Product

Convenience Product

Shopping Product

Specialty Product

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c) Product Examples:

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Patek Philippe watch

Sony Blu-ray Disc™ player

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Doritos Hermès Birkin bag

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3 years ago

If you go to a four-year college, is the tuition paid every year for a total of four years?

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Answer:

Yes it is paid every year

Explanation:

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3 years ago