Answer:
Retained Earnings Balance at end of Year 1 = $360
Explanation:
First we need to determine the profit/loss for the year as part of the retained earnings calculation.
Lexington Company
Income Statement for the year ended - Year 1
Revenue Earned $3,200
Less Expenses ($2,420)
Net Income / (Loss) $780
Then we calculate the Retained Earnings Balance
Retained Earnings Statement
Beginning Retained Earnings Balance $ 0
Add Profit earned during the year $780
Less Dividends ($420)
Ending Retained Earnings Balance $360
Answer: Agency problem
Explanation:
Agency problem is the issue rises when the agents fails to display appropriate interest of principles.This interest conflict usually occurs between the organisation's stakeholder and management.
In this situation,manger is the person who usually acts as the agent for providing best interest to the stakeholder to increase their wealth and benefit.But if failure in this case occurs , then conflict is experienced between both the parties.
The answer is diffusion of innovation. This type of theory
or process has the aim of having to influence other people in regards with the
ideas that they have formulated in which are new. These ideas are being spread
out with the use of innovations.
Answer:
The correct option is;
a. The Limited
Explanation:
Business-to-Consumers or B2C is the means by which company products and services are sold directly to the end-users or consumers. B2C companies are those that deal directly with the end users
Sears, has over 400 outlets, Williams-Sonoma, is a publicly listed company that deals on home furniture and kitchen ware products and J. C. Penny is also a listed department store chain having 840 locations o outlets.
