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iren [92.7K]
2 years ago
8

What item flows from the income statement to the statement of retained​ earnings?.

Business
1 answer:
Reil [10]2 years ago
5 0

Net Income flows from the income statement to the statement of retained earnings.

The balance sheet is balanced when net income from the income statement, less any dividends paid, is transferred to the retained earnings column. Additional connections- Long-term debt on the balance sheet is used to determine interest expenditure on the income statement.

Net income: In commerce, Net Income is the amount of cash left over on balance costs, like salaries and wages, the value of commodities or raw materials, and taxes, are paid. Net Profit is the amount that an individual keeps after paying taxes, insurance premiums, and retirement contributions.

Net Income.

To learn more about the question, please visit the following link:

brainly.com/question/14531265

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List dawn (5)habits for good delivery that a speeker need to develope​
dybincka [34]

Answer:

Explanation:

Think and Speak Visually to "Create Word-Pictures"

Discover the Art of the Conversation.

4 0
3 years ago
What is a C corporation?
Tanya [424]

Answer:(:

Explanation:

A C corporation, under United States federal income tax law, is any corporation that is taxed separately from its owners.

8 0
3 years ago
Gavin, Inc. recorded the following information for one of its products. All amounts are in days: Wait time 5.0; Inspection time
pentagon [3]

Answer:

Gavin's delivery cycle time=11.6 days

Explanation:

The delivery cycle time is the time between when an order from a customer is received and the time the product is actually delivered to the customer. It can be calculated using the formula below;

DCT=W+I+P+M+Q

where;

DCT=delivery cycle time

W=wait time=5 days

I=inspection time=0.7 days

P=process time=2.5 days

M=move time=0.4 days

Q=queue time=3 days

In our case;

DCT=unknown

W=5 days

I=0.7 days

P=2.5 days

M=0.4 days

Q=3 days

replacing;

DCT=5+0.7+2.5+0.4+3=11.6 days

Gavin's delivery cycle time=11.6 days

8 0
4 years ago
A soft drink costs 75 cents for a 12-oz can. A two-liter bottle costs $1.25. In which form is the soft drink more expensive? How
Verdich [7]

Answer:

The coldrink is more expensive in Can form.

Can is $0.044/oz more expensive than bottle

Explanation:

Data provided in the question:

Cost of 12-oz can = 75 cents = $0.75

Cost of 2 Liter bottle = $1.25

Now,

Cost per oz for can = $0.75 ÷ 12

= $0.0625/oz

For bottle

Total oz contained = 2 × 1.057 × 32 oz     [As 1.0 L = 1.057 qt, 1 qt = 32 oz]

= 67.648 oz

Therefore,

Cost per oz for bottle = $1.25 ÷  67.648 oz

= $0.0185/oz

Hence,

The coldrink is more expensive in Can form.

Difference = $0.0625/oz - $0.0185/oz

= $0.044/oz

Hence,

Can is $0.044/oz more expensive than bottle

4 0
3 years ago
Which of the following describes a system in which suppliers deliver materials at the time they are needed and finished units ar
Elis [28]

Answer:

Letter C is correct. <u>Just in time management.</u>

Explanation:

The just in time management system corresponds to a system whose focus is the elimination of waste in organizational processes, so its fundamental principle is lean production according to demand, so that there is greater speed and there is no stock formation and so that the product reaches the consumer in the right place at the right time.

This management system is very advantageous because it promotes the continuous improvement of organizational processes, in addition to reducing losses resulting from waste, which generates several benefits for a company, such as increasing the speed of the production process and reducing inventory costs, which generates a positive consequence in the entire production chain.

8 0
3 years ago
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