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maw [93]
3 years ago
5

What line item flows from the statement of retained earnings to the balance​ sheet?

Business
1 answer:
-Dominant- [34]3 years ago
3 0

Answer:

Retained Earnings

Explanation:

The statement of retained earnings is prepared after preparing the income statement but before preparing the balance sheet. The reason behind this is that the statement of retained earnings is used to calculate the amount of retained earnings at the end of the period to be shown in the balance sheet.

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Alfred has set up a company. On day 1 he bought inventory, paying 6,000.0 on credit, due for payment on day 10. On day 2 he make
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The operating working capital that Alfred is going to have at the end of the day would be $12500.

<h3>How to solve for the working capital</h3>

The formula for the working capital = current assets - current liabilities

Current assets = $12500

current liabilities = 0

This is because, by the 10th day, he is supposed to have paid account payable.

The working capital would be = $12500 -0

= $12500

Read more on capital here: brainly.com/question/26214959

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2 years ago
In the following table, determine how each event affects the position of the long-run aggregate supply (LRAS) curve.
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Answer:

  1. Will increase the labor force and the productive ability of the economy, which will shift the LRAS curve to the right.
  2. Will increase the price of oil and its subproducts (gas, plastic, etc.), which will shift the LRAS curve to the left.
  3. Will increase the productivity of the labor force, which will shift the LRAS curve to the right.

5 0
3 years ago
Calvin works in the accounting department for a textbook publishing firm preparing budgets and reporting production costs. What
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Answer:

The answer is "managerial accountant".

Explanation:

The economic circumstances collect and earned value collection of data, evaluating and presenting financial information for the organization or the management team of the company. These statistics will then be used to make sensible financial decisions that really can benefit the overall growth of the organization.

Managers were employing company and organizational accounts to monitor internal financial processes, revenue, spending, and budget, submit reports, determine past trends and forecast future needs, and aid economic decisions.

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3 years ago
The preemptive right is important to shareholders because it a. allows managers to buy additional shares below the current marke
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Answer:

C. protects the current shareholders against a dilution of their ownership interests.

Explanation:

Preemptive rights are rights given to shareholders in an organization allowing them to buy additional shares in any future issue in order to maintain their percentage ownership, before the shares are available to the general public. It guards against dilution or decrease in a shareholders stake or ownership interest buy allowing them buy more shares for future issues before it is available for the general public to own shares. In doing so, shareholders avoid involuntary dilution.

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3 years ago
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Workers in europe get approximately ______ weeks of vacation a year, whereas workers in the united states average approximately
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In Europe, here are 22 paid vacation days and 13 paid when on holidays. Summing up, that could be a total of 4 weeks of vacation. While on the other hand, the United States as only 16 vacation days, both paid and unpaid, and that could be a total of around 2 weeks of vacation only.
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3 years ago
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