Answer:
Retained earning balance at the end would be = $205,000
Explanation:
Retained earnings at the end = Retained earning at the beginning + Net income - Dividend paid
The net income would increase the balance of the retained earnings hence it is added to it.
The Dividend paid would be a cash outflow which would reduce the balance of the retained earnings, hence it is deducted from it.
So applying this to the question, we have
Retained earning balance at the end would be:
25,000 + 200,000 - 20,000 = $205,000
Retained earning balance at the end would be = $205,000
Answer: Trade associations are non-profit organizations whose primary purpose is to <u>provide different learning tools for businesses in a particular industry.</u>
Answer:
When researching a specific job What information should you be looking for?
7 Things to Research Before Any Job Interview
The skills and experience the company values. ...
Key players of the organization. ...
3. News and recent events about the employer. ...
The company's culture, mission, and values. ...
Clients, products, and services. ...
The inside scoop. ...
The person interviewing you.
Explanation:
Answer:
(i) since otherwise resources are idle.
(ii) since it would be impossible to produce more of one thing without producing less of another.
Explanation:
When an economy has reached productive efficiency, all resources are being fully utilized such that if the country wants to produce more of one good, they would have to produce less of another.
It is important that a country achieves this level because it would mean that no resource is being left idle and there is no under-performance in the economy.