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galina1969 [7]
3 years ago
14

True or False: It is free for a company to raise money through retained earnings, because retained earnings represent money that

is left over after dividends are paid out to shareholders. False True
Business
1 answer:
Rudik [331]3 years ago
5 0

Answer:

true

Explanation:

i really agree with that

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Which statement defines externality?
valentina_108 [34]
I think the correct answer from the choices listed above is option D. It would be the impact of production and consumption on unrelated third parties that best defines the term externality. It is<span> a consequence of an economic activity experienced by unrelated third parties; it can be either positive or negative.</span>
7 0
3 years ago
What actions could employers and government take to encourage saving in society?
kozerog [31]
<span>They can set good examples of people that have practiced savings and the result it had given them. Provide seminars of the results and actual computation of savings through targeted years and the possible assets that they may possess through savings. It can also help them avoid some financial problems that they might encounter. </span>
4 0
4 years ago
LO 5.2What is the cost of direct labor if the conversion costs are $330,000 and manufacturing overhead is $275,000?
zhenek [66]

Answer:

cost of direct labor =  $55,000

so correct option is A. $55,000

Explanation:

given data

conversion costs = $330,000

manufacturing overhead =  $275,000

to find out

cost of direct labor

solution

we get here cost of direct labor that is express as

cost of direct labor = Conversion costs - manufacturing overhead   ..............1

put here value we will get here

cost of direct labor = $330,000 - $275,000

cost of direct labor =  $55,000

so correct option is A. $55,000

7 0
3 years ago
The following incorrect income statement was prepared by the accountant of the Axel Corporation:
Airida [17]

Answer:

Sales revenue         $  710,000

Cost of goods sold $ 385,000

Gross Profit             $ 325,000

Selling expense              71,000

Administrative expense 91,000

Operating Income        163,000

Non-Operating Income

Interest revenue                   44,000

Gain on sale of investments 91,000

Interest expense                  (28,000)

Restructuring costs              (67,000)

Income before taxes           203,000

Income tax expense              (50,750)

Net Income                            152,250

Shares outstanding 100,000

Earnings per share $1.52

Explanation:

We need to determinate gross profit.

then, the operating income therefore the interest and restructuring cost are not considered.  Same goes for the gain on investment as aren't part of the business normal activities.

3 0
3 years ago
Rafi, a director of Super Service Station Corporation, does not attend a board meeting for three years. During that time, Twyla,
Varvara68 [4.7K]

Answer:

a. liable for negligence or mismanagement.

Explanation:

Given that,  

The cost of the improper loans = $100,000

Since the director of the Super Service Station Corporation does not attend a board meeting for three years plus the president Twyla had done the improper loans that reflect the mismanagement as without knowing the credit history of the people how it could make the loans.  

Moreover, there is no guarantee of returning the money so he is totally liable for his negligence or mismanagement

8 0
4 years ago
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