Answer:
3. Generally consists of a company's cumulative net income less any net losses and dividends declared since its inception.
Explanation:
Retained earnings or retained earnings are those benefits that the company has earned and that instead of distributing among the shareholders, they decide to invest in the company itself.
These earnings can be used to achieve further growth of the company, such as increasing the workforce, improving the budget dedicated to research or to obtain a liquidity fund that allows the company to correct possible emergency situations in the future.
It’s the answer C) 55,000
Answer:
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Answer:
warranties liabilities 12.300.000,00
Explanation:
Warranty cost 225
Company sold 60000
estimate warranties 7.800.000,00
Warranties FY 13.500.000,00
Warranty claims -9.000.000,00
warranties liabilities 12.300.000,00
Answer:
1. ANSWER: 20,000
2. ANSWER: $400,000
3. ANSWER: $28.45
Explanation:
1. If the average price for a new disposable cell phone is $20, and the total market potential for that product is $4 million;and Topco, Inc. has a planned market share of 10 percent. Then, Topco have the potential to sell in this market 10% * $4 million / $20 = 20,000 units of the proposed cell phone.
2. The planned market share in dollars is 10% * $4 million = $400,000
3. If Atlantic Car Rental charges $29.95 per day to rent a mid-size automobile. Pacific Car Rental, Atlantic's main competitor, just reduced prices on all its car rentals. In response, Atlantic reduced its prices by 5 percent.
Now Atlantic's new cost of rental for mid-size cars is: 95% of $29.95 = $28.45