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Yuliya22 [10]
3 years ago
8

Crawford Fishing had a net income of $35,640 in 2022. They decided to pay $3,000 in dividends and keep the rest to help expand t

heir production line. The profit that they keep to reinvest in the business is reported as________.
Business
1 answer:
OverLord2011 [107]3 years ago
3 0

Answer:

The answer is Retain earning (RE).

Explanation:

The profit that they keep to reinvest in the business is reported as retain earning. The part of profit that is not payout as dividend and held for reivestment or any other purpose is included in retian earning and repoted in balance sheet as part of equity above liability section.

Retain earning = Net income - dividend

Retain earning = 35,640 - 3,000  = $ 32,640

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Consumerism is a widely accepted social movement. Proponents of this movement believe that _____ is a right of all consumers. a.
larisa86 [58]

Answer:

b. the right to be informed

Explanation:

Consumerism is a movement that aims to protect consumer's interests. The movement promotes truthful packaging, fair trade practices, truthful product guarantees, truthful advertising etc. These attributes will enable consumers to make informed decisions before purchasing products. Based on the above, option b is the correct answer.

7 0
3 years ago
Eric Mason, an employee of Huntington Steelworks, is responsible for defining product specifications and providing relevant info
antiseptic1488 [7]

Answer:

e

Explanation:

6 0
3 years ago
Briefly define the concepts of management and leadership and explain at least two differences between them
blondinia [14]

Answer:

Leadership is the potentiality to influence behaviour , primarily towards group encouragement towards short term goal realisation & also motivating them them to achieve long term visions.

Management is the letting work done by strategisation, organisation & coordination of people & activities to achieve defined objectives.

Differences between Management & Leadership:

Leadership includes establishing strategic decision & refining vision . Management includes planning & budgeting , developing processes & setting timelines.

Management as in idea has more essence of focusing on objectives, tends to mitigate risks. Leadership as an idea is based on vision & relationship enhancement , taking risky decisions for it .

Managers plan, allocate & synchronize individual efforts in line of objectives. Leaders motivate, encourage & energise individuals in line of the vision.

3 0
3 years ago
If the government increases its spending when the economy is in an expansion, then the presence of automatic stabilizers:
artcher [175]
Hey there,

Answer:

It will decrease the government spending multiplier 

Hope this helps :D

<em>~Top</em>
6 0
3 years ago
The income statement should be prepared a.after the retained earnings statement and before the balance sheet b.after the retaine
ale4655 [162]

Answer:

The correct option is C

Explanation:

Income statement is the one which states the core financial statements of the company which shows the profit and loss. And the profit and loss statement states the ability of the company for generating sales, create profits and manage expense.

It is that statement which to be prepared first, as in prepared before the retained earnings statement and the balance sheet statement.

8 0
3 years ago
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