Answer:
ending RE 30,000
Explanation:
Using the acounting equation we solve for the beginning RE
<em>Assets = liab + equity</em>
155,000 = 85,600 + 52,400 + Retained Earnings
155,000 - 85,600 - 52,400 = <em>17,000</em>
beginning RE 17,000
net income
revenues 36,000 - 20,000 expenses = 16,000
dividends: 3,000
ending RE: 17,000 + 16,000 - 3,000 = 30,000
It is something with a circle
Answer:
Credit union.
Explanation:
A credit union can be defined as a non-profit making financial cooperative that is typically controlled by its members (employees, church groups, labour unions etc) and it is saddled with the responsibility of providing financial services like the traditional banks to employees such as teachers, educators, nurses, etc.
Generally, the profit made from the amount of money that is being deposited by the members of a credit union are usually returned to the members as a form of better interest rates. Some examples of credit unions are SchoolsFirst Credit Union, New York University Federal Credit Union, Consumers Credit Union, etc.
In this scenario, a financial institution advertises itself as especially oriented towards educators and teachers. Thus, the category this institution would most likely fall under is a credit union because it's not run like businesses that is after making profit i.e it's a non-profit business established to assist employees with their finances.
Answer:
Number 1 is Pure Market. Number two is socialist, I'm pretty sure.
Explanation:
Please mark me brainliest if someone else answers :>
