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SashulF [63]
3 years ago
6

A company has a beginning retained earnings balance of $100,000. It has net income for the current year of $50,000 and paid $10,

000 to the owner as an owner withdrawal. What is the ending balance of retained earnings for the company
Business
1 answer:
Brut [27]3 years ago
4 0

Answer:

The ending balance of retained earnings for the company $ 140.000

Explanation:

Retained Earnings increase the balance with the Net Income of each year that it's not withdrawalled by the owner or because are not paid dividends, to this case the owner only withdraw $10.000 of $50.000 generated during the year.

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in my best defence, the answer is 22

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2 years ago
One measure of the importance of a publicly traded asset class in the U.S. economy can be calculated by multiplying the number o
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Market Capitalization

Explanation:

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The marketing strategy and plan for any health care organization is derived from: question 4 options:
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Option B Strategic Plan

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2 years ago
The primary benefit of a MINIMAX objective function is
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3 years ago
Which statement would not be a way for the government to reduce the national debt?
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Answer:

Increasing government spending in the form of infrastructure and  welfare

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