Answer:
1.Generally consists of a company's cumulative net income less any net losses and dividends declared since its inception.
Explanation:
Retained earnings is an element of the balance sheet that represents the accumulated net income and losses and the amount paid to the shareholders over the years as dividend.
Each year, the company's net income or loss from the statement of profit or loss is posted into the retained earnings account.
It is an integral part of the owners equity along with ordinary share capital.
As such, retained earnings generally consists of a company's cumulative net income less any net losses and dividends declared since its inception.
Answer:
Cheesy Burger should hire four workers
Explanation:
Number of Total revenues Marginal Marginal cost
workers per hour revenue per worker
1 $30 $30 $9
2 $48 $18 $9
3 $62 $14 $9
<u>4 </u> <u>$72
</u> <u> $10 </u> <u>$9</u>
5 $80 $8 $9
6 $84 $4 $9
The marginal revenue generated by the fourth worker ≥ marginal cost per worker ($10 ≥ $9).
But the marginal revenue generated by the fifth worker < marginal cost ($8 < $9).
Answer: Rainforest Alliance and Eugster/Frismag
Explanation:
Rainforest Alliance - Nespresso sources their coffee beans from a variety of farmers chief amongst them being the cooperative known as the Rainforest Alliance. Since 2003, Nespresso has partnered with the RA with the result being that they source over 40% of their coffee beans from RA Certified Farms.
Eugster/Frismag - Nespresso machines are made by a number of companies under the company's license such as Krups, Sage and Magimix. Eugster/Frismag being one of the largest coffee machine producers however, is a major supplier of Nespresso machines due to their quality standards and account for over 20% of Nespresso branded machines.
Explanation:
The correct journal entry is as follows:
Cash Dr $90
Service revenue Dr $560
To Account receivable $650
(Being the cash received is recorded)
Basically we debited the cash for $90 and service revenue for $560 and credited the account receivable for $650 so that the correct posting could be done
The cash difference is
= $650 - $560
= $90
Answer:
The correct answer is organization.
Explanation:
The organized concept has a totally individual and independent meaning for each person. Being organized what it really means is that we sort things based on the meaning they have for us. If you have a set of materials stacked in a specific place because you have decided that it makes sense to you and you have concluded that they should be there, you are organized, but if things are in the place where they shouldn't be, you are really disorganized.