Answer:
True.
Explanation:
In word processing software, there will be a default style applied to all text that can then be modified to fit your document.
Answer:
About HALF of the world's population....
Explanation:
As quoted by world Bank in 2005.
It is the work of all level of management.
Companies use capital budgeting to analyze large projects and investments, such as new factories or equipment. The technique involves assessing a project's financial inflows and the outflows to see whether the expected return is within a certain range. Capital budgeting methodologies include discounted cash flow, payback, and throughput studies.
Accountants provide this information, giving ownership the first tool it requires to start preparing the capital budget. Accounting firms often provide predictions of future earnings and the costs of alternative financing solutions to help management make decisions.
Therefore, the answer is all level of management.
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Answer:
The retained earnings balance at the end of the year is $35,835.5
Explanation:
Income before tax (taxable income) = Sales - Costs - Depreciation expense - Interest expense = $105,700 - $78,300 - $9,000 - $635 = $17,765
The tax rate is 30 percent. The amount of tax the company had to pay:
$17,765 x 30% = $5,329.5
Net income = Income before tax - Tax = $17,765 - $5,329.5 = $12,435.5
The retained earnings balance at the end of the year = Beginning balance in retained earnings + Net income - Cash dividends - Stock dividends = $24,600 + $12,435.5 - $1,200 = $35,835.5
