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4 years ago

Retained earnings at the end of the period is equal to:

Business

1 answer:

blsea [12.9K]4 years ago

5 0

Answer:

retained earnings at the beginning of the period plus net income minus dividends.

Explanation:

As we know that

The ending balance of retained earning = Beginning balance of retained earnings + net income earned - cash dividend paid

While calculating the ending balance, we added the net income and deduct the cash dividend paid to the beginning balance of retained earning account so that the ending retained earnings balance could come

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ulie works in the production department. Julie's wages are an example of ______ expenses for the production department.Multiple

Mnenie [13.5K]

In a case whereby Julie's wages are an example of direct expenses for the production department.

<h3>What is a Direct Expense? </h3>

Direct expense serves as the expense which is in the same direction from changes in the volume of a cost object.

Hence, In a case whereby Julie's wages are an example of direct expenses for the production department.

CHECK THE COMPLETE QUESTION BELOW;

Julie works in the production department. Julie's wages are an example of ______ expenses for the production department.

Multiple choice question.

a. direct expenses

b. Indirect expenses

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2 years ago

Stakeholder engagement should include both internal, as well as external, stakeholders and emphasize issues that directly affect

lesantik [10]

The statement that, "Stakeholder engagement should include both internal, as well as external, stakeholders and emphasize issues that directly affect corporate strategy" is True.

<h3>What is Stakeholder engagement?</h3>

Stakeholder engagement refers to a type of meeting that all the major players in an industry. Stakeholder engagement is designed to tackle the issues that directly affect the organization.

Stakeholders are expected to make their own input and be aware of any major changes that ought to be carried out in the interest of the organization. Since their funds are involved in the business, they ought to be aware of all important decisions.

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1 year ago

On January 1, 2021, the Excel Delivery Company purchased a delivery van for $153,000. At the end of its five-year service life,

I am Lyosha [343]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

On January 1, 2021, the Excel Delivery Company purchased a delivery van for $153,000. At the end of its five-year service life, it is estimated that the van will be worth $15,600.

Annual depreciation= 2*[(book value)/estimated life (years)]

Year 1= (153,000/5)*2= 61,200

Year 2= [(153,000 - 61,200)/5]*2= 36,720

Year 3= (55,080/5)*2= 22,032

Year 4= 13,219

Year 5= 7,932

Total= $141,103

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4 years ago

Which abbreviation correctly replaces the underlined word? this year the family reunion will be in november in cleveland.

Brums [2.3K]

The answer is: [A]: " Nov. "
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3 years ago

You are the financial manager for a recreation center that has signed an option to purchase new elliptical machines for $22,000

Naddika [18.5K]

Answer:

$19,215.65

Explanation:

To the determine the amount to be invested, we have to find the present value of $22,000 at 7%

P= FV ( 1 + r) ^-n

FV = Future value = $22,000

P = Present value

R = interest rate = 7%

N = number of years = 2

$22,000(1.07)^-2 = $19,215.65

I hope my answer helps you

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3 years ago