1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Lena [83]
3 years ago
11

Retained earnings a.over time will have a direct relationship with the amount of cash on hand if the corporation is profitable.

b.cannot have a debit balance. c.is the cumulative total of net income plus dividends. d.is the cumulative total of net income, minus net losses, and minus dividends.
Business
1 answer:
Gwar [14]3 years ago
3 0

Answer:

d.is the cumulative total of net income, minus net losses, and minus dividends.

Explanation:

As we know that

The stockholder equity statement involves the common stock and the retained earnings statement

It is prepared to find out the ending balance of common stock and the retained earning that is shown below:

The ending balance of retained earning = Beginning balance of retained earnings + net income or minus net loss - dividend paid

And, the ending balance of the common stock = Beginning balance of common stock + issuance of the shares

You might be interested in
Una empresa que cuenta con 48 trabajadores se dice que es una empresa
mestny [16]

Answer:

Dependiendo de como sea, por ejemplo si es pequeña aunque hoy en dia nada es pequeño , pero si lo es, pueda ser....pero seria muy dificil, con el personal.

Explanation:

8 0
3 years ago
A production process requires a fixed cost of $ 50,000. The variable cost per unit is $ 25 and the revenue per unit is projected
Morgarella [4.7K]

Answer:

y = $ 20 x - $ 50,000

Explanation:

A mathematical expression for total profit can be taken out of the Cost Volume Profit analysis as follows :

Total Profit = Contribution - Fixed Costs

where,

Contribution = Sales - Variable Costs

                     = $ 45 - $ 25

                     = $ 20

therefore,

if x units are sold the mathematical expression for total profit y can be determined as :

y = $ 20 x - $ 50,000

8 0
3 years ago
A long-term liability should be reported as a current liability in a classified balance sheet if the long-term debt: Is callable
Eddi Din [679]

Answer:

A long-term liability should be reported as a current liability in a classified balance sheet if the long-term debt: Is callable by the creditor - Will be refinanced with stock.

Option A is the correct answer.

Explanation:  

Generally, a short term liability is required to be paid by the company within a period of 1 year. Nevertheless, if the liability is callable the creditor, the company is not required to pay the liability within a year.

Thus, in this instance, a current liability can be detailed as a long term debt in the balance sheet.

6 0
3 years ago
Humes Corporation makes a range of products. The company's predetermined overhead rate is $20 per direct labor-hour, which was c
hichkok12 [17]

Answer:

$7,400

Explanation:

The impact on the company's overall profit is shown below:-

<u>Particulars                Amount </u>

Sales                          $50,320  (740 × $68)

Less : Variable cost

Direct material          $30,340  (740 × $41)

Direct Labor               $10,360  (740 × $14)

Variable Manufacturing

overhead

($51,000 ÷ 17,000)        $2,220 (740 × $3)

= 3

company's overall profit $7,400

To reach the company's overall profit we simply deduct the Direct material, direct labor and variable manufacturing overhead from sales.

3 0
3 years ago
Dragon Sports Inc. manufactures and sells two products, baseball bats and baseball gloves. The fixed costs are $57,000, and the
gulaghasi [49]

Answer and Explanation:

The computation is shown below:

Contribution Margin for Bat

= $50 - $50

= $0

Contribution Margin for Gloves = $100 - $80

= $20

Now  

Overall Contribution Margin = (0 ×70%) + ($20 × 30%)

= $0 + $6

= $6

Now  

A. Break even sales = Fixed cost ÷ contribution margin

= $57,000 ÷  $6

= 9,500

B.Baseball bats = 9,500 × 70% =6,650

Baseball Gloves = 9,500 × 30% = 2,850

7 0
3 years ago
Other questions:
  • Suppose company a wants to develop a program that duplicates the functionality of a program made by company
    14·1 answer
  • Which of the following is not one of the four tasks for completion of a business message?
    10·1 answer
  • It’s important to note that sometimes private solutions to externalities do not work. For example, this occurs when an excessive
    14·1 answer
  • You have gathered the following information on your investments. What is the expected return on the portfolio? Stock Number of S
    12·1 answer
  • Travelers who have no intention of showing up often fail to cancel their hotel reservations in a timely manner. These travelers
    9·1 answer
  • For an investment to be classified as a current​ asset, A. the investment must be easily convertible to cash. B. the investor mu
    5·1 answer
  • Ano ang pagkakapareho ng mga katangiang pisikal na matatagpuan sa pilipinas ayon sa nabsang teskto?
    12·1 answer
  • An organization process that results in increasing the size of working memory and involves combining smaller units of informatio
    10·2 answers
  • Lance contracts with Herman to fix the brakes on his car. The agreed upon amount is $750. When Herman is fixing the brakes, he n
    15·1 answer
  • DeShawn formed a hiring committee for his advertising company. Six employees (including two managers) met to discuss applicants
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!