Answer:
C) dividends
Explanation:
Taxes reduce the corporation's income and therefore it also reduces the amount of money returned to investors.
Retained earnings is the amount of net income left after dividends have been distributed and they are used by the corporation to finance new or existing projects. The higher the retained earnings the corporation needs, the lower the dividends it distributes.
It takes ur money out and away
A. Personal
Personal accountant: A person who has the requisite skill and experience in establishing and maintaining accurate financial records for an individual or a business.
Answer:
<em>It passes by probate to the deceased tenant's heirs.</em>
Explanation:
Probate is the legal process of handing over control of properties from the name of a deceased person to the names of recipients.
It also guarantees that creditors may make reimbursement demands from the estate of the deceased, and that final tax returns are filed, including a tax return on the estate if the estate is big enough.
Answer: $11,800
Explanation:
Cashflow inflow from Customers is calculated as follows
Cash flow from customers = beginning account receivable + Credit sales - ending Account receivable.
Plugging in figures would give us,
= 3,360 + 10,640 - 2,200
= $11,800
$11,800 is the amount of cash inflow from customers that would appear in the operating activities section of the cash flow statement.
You may wonder what happened to the uncollectible accounts expense amounted of $940. It was meant to confuse you. That figure is dealt with before the ending Account Receivable balance is computed.
