Answer:
True
Explanation:
Retained earnings are profits that management opts not to distribute to shareholders. They are profits invested back in the business. The statement of retained earnings is the financial statement that records the retained earnings.
Calculation of retained earnings is by deducting dividends from the net profits. In the statement of retained earnings, net profits are added to the beginning balance of retained earnings and subtracting dividends declared.
Answer:
The answer is "Mission".
Explanation:
Vision is a dream. In fact, it is the dream of the founders of where the business will go and what it will do!
Mission is the foundation of realization of the Vision and afterwards the organizational strategies and objectives are created based on the mission.
having a realist and attainable mission is a must for an organization to thrive!
Internal company records. That's the answer if you need me to explain it just tell me, hope it was helpful. Peace✌️
Answer: Appreciate
Explanation:
When a country increases interest rates, it will lead to an appreciation in currency. This is because there will be more demand for the currency of the country because people will want to take advantage of the higher interest rates and make a gain.
As the demand for the currency increases but the supply stays the same, the value of the currency will appreciate.
With Australia taking up their interest rates, their dollar will appreciate in value.
Answer:
The answer is =16.7%
Explanation:
Earnings before interest and taxes(EBIT) = $145,000
Tax rate is 25%
Therefore, the applicable tax rate on the earnings is 100% - 25% = 75%
So the Net income is 0.75 x $145,000
Net income = $108,750
The project is financed by 100percent equity and the cost is $650,000.
ROE(Return on Equity) = net income/equity
$108,750/$650,000
=16.7%
