Answer:
The correct answer is: $46,875.
Explanation:
Retained Earnings are the portion of the company's net earnings that it does not payout to shareholders as dividends. The company keeps this money, reinvest it in the business, or uses it to pay out a portion of its debt. To see how much of its earnings a company has retained look at the Balance Sheet under shareholder's equity. Retained earnings are calculated using the following formula:
RE = BP + Net Income (or Loss) − C − S
Where:
RE = Retained Earnings
BP= Beginning Period RE
C = Cash dividends
S = Stock dividends
Then, in the example:
RE = $45,000 + $ 8,000 - $6,125
RE = $46,875
Answer:
B.Dependent care plans can only be used to cover the costs of caring for a dependent child
Explanation:
Dependent Care with the high cost of child care these days a Dependent Care Account makes it easy to save on taxes.
Answer:
The correct answer is letter "A": Price uncertainty but not execution uncertainty.
Explanation:
When talking about trading orders, a market order is executed whether to buy or sell a security at market price. The market order does not follow the security's price at the bid or ask, it usually follows the last price at which the security was sold. Thus, that <em>price is always uncertain.</em>
The benefit of market order relies on the execution. Traders will not have to wait until another trader is willing to buy or sell at their desired level. The <em>market order will execute the order almost automatically</em> at the price the market has available.
A monopoly is a market for a good or service that wants to take over another company.
Answer:
A) 40
Explanation:
The chart is not very clear, but the information included is:
- it takes four hours to produce one shirt
- it takes two hours to produce one pair of socks
If the total number of labor hours is 80, then the maximum number of socks produced will = 80 hours / 2 hours per pair of socks = 40 pairs of socks
The total number of shirts produced would be 20.
