Beginning Retained Earnings + Net Income ($22,000) − Dividends ($4,000) = Ending Retained Earnings ($51,200)
After deducting dividend payments, a company's retained earnings are its total net earnings or profits. The term "retained" refers to a crucial idea in accounting that describes how earnings were held by the corporation rather than distributed to shareholders as dividends.
Because of this, retained earnings go down when a business experiences a loss or pays dividends and go up when new profits are generated.
Retained earnings are a corporation's prior profits, less any dividends the company has previously paid. The following alternatives, which in general encompass all potential uses a firm might make of its excess cash, will help you better comprehend what retained earnings can tell you.
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Answer:
A few incentives are kids, family, food, a home, etc.
Explanation:
If you don't have enough money for your kids then you will barely be eating and will be struggling in debt, and your home wont be in top shape to live in.
Answer:
Loss in the contract = -$330.
Explanation:
Selling price per futures contract = $1,696
Current Value of the future contract = $1,707
Since the price has increased, there is a loss.
Loss per contract - 1696 - 1707 = -11
Total loss in the trade = -11 * 10 (size of contract) * 3 (Number of contracts) = -$330
Answer:
Correct Answer:
C. the Operational Period, Planning Cycle, and Incident Action Plan for each individual incident.
Explanation:
<em>Emergency Operations Centers are centers in National Incident Management in charge of incident management that is applicable at all jurisdictional levels and across functional disciplines.</em>
