Answer:
<em>
B) that Nimbus has a matrix structure</em>
Explanation:
Yes absolutely the above information is true, and from the following statement that can be fittingly inferred is given in OPTION(B).
<em>Because matrix structure is something in that organizational structure of the company has a single record that is given to multiple administrator.</em>
So, therefore as we can see in the scenario that Nimbus Inc. is also has a matrix structure.
Answer:
Explanation:
Statement of retained earning represent the changes in retained earning balance during the year and accumulated beginning balance of the period and Ending balance as well. It deals with all the adjustment in retained earning like net income transfer fro the year, dividend paid during the year etc.
Splish Corporation
Retained Earning Statement
for the year ended December 31, 2020
$
Retained Earning at January 1, 2020 707,000
Less: Cash Dividend paid during 2020 85,000
Add: Net Income for the year 2020 <u>1,428,500</u>
Retained Earning ath December 31 2020 <u>2,050,500</u>
I would say the inventory department.
Where are the multiple choices?
Answer:
Exercise 12.7 Cash dividends, stock dividends, and share splits L.O. 4
