Answer:
The answer is B. $210,000
Explanation:
Retained Earnings is the part of profit that is not spent. It is put back into the business after the dividend must have been paid from profit for the year.
Ending retained earnings = beginning Retained Earnings plus net income minus dividend
Beginning Retained Earnings is $150,000
Net income is $95,000
Dividend is $35,000
Therefore amount of Retained Earnings at December 31, 2019 is
$150,000+$95,000-$35,000
=$210,000
Answer:
33.33%
Explanation:
Unemployment rate is the proportion of the labour force without a job
Unemployment rate = (number of unemployed workers / total labour force ) x 100
25 /75 x 100 = 33.33%
Answer:
A firm's cash flow from financing activities includes:
D. Cash paid to reacquire treasury stock.
Explanation:
The cash paid to reacquire treasury stock is a financing cash outflow. It reduces the cash inflow from financing activities and forms part of the financing activities of the company under the Statement of Cash Flows. In this financial statement, cash flows are classified into three main groups or activities: operating activities, investing activities, and financing activities. This classification helps to define the source of the cash flow.
