In scheduling your time, which of the following will help you reach your goals?

"Net income for the period was $200,000. The retained earnings account had a beginning balance of $25,000. If the company paid d

solmaris [256]

Answer:

Retained earning balance at the end would be = $205,000

Explanation:

Retained earnings at the end = Retained earning at the beginning + Net income - Dividend paid

The net income would increase the balance of the retained earnings hence it is added to it.

The Dividend paid would be a cash outflow which would reduce the balance of the retained earnings, hence it is deducted from it.

So applying this to the question, we have

Retained earning balance at the end would be:

25,000 + 200,000 - 20,000 = $205,000

Retained earning balance at the end would be = $205,000

3 0

3 years ago

Which of these items is typical of business buying behavior?

Orlov [11]

bro there is no items in you question fix it and i'll answer bro

7 0

3 years ago

What is the typical relationship between time and interest rate?

UNO [17]

The more time the higher the interest rate

8 0

3 years ago

Read 2 more answers

a(n) to pay the debts or settle the wrongdoings of another if he or she does not make settlement personally is not enforceable u

just olya [345]

A guarantee, or promise, to settle another person's debts or hold them accountable for their wrongdoings if they fail to do so personally, is not enforceable unless it is in <u>writing</u>.

<h3>What is a guarantee promise?</h3>

An undertaking or pledge from a guarantor to a guarantee is what is known as a guarantee. A guarantee can be viewed as a security for the guarantor's primary or principal performance obligation.

Guaranty Agreement: A two-party contract wherein the first party commits to carrying out its obligations in the event that the other party is unable to do so. A guarantor, unlike a surety, is only obligated to carry out when the obligee has exhausted all reasonable and legal avenues to compel the principal to execute.

<h3>Is a debt payment commitment enforceable?</h3>

Even if no fresh consideration is provided, a commitment to pay a debt that has reached its statute of limitations is nonetheless enforceable. The promise is regarded as a new promise in such circumstances, and only the provisions of the new promise are enforceable.

<h3>What does it mean to vow to be responsible for another's financial failure or default?</h3>

The surety is a party who guarantees another party's payment of one party's debt. A surety is a company or someone who agrees to pay the debt in the event that the debtor policy is in default or is unable to make the payments. The surety, also known as the guarantor, is the party that backs.

Learn more about Guaranty Agreement: brainly.com/question/18454185

#SPJ4

8 0

1 year ago

Match the given distinctiveness to the type of equity or debt finance that is available for a business.

nata0808 [166]

Answer:

See below

Explanation:

<u>Common stock</u>

The equity holders have a right to vote on corporate policy. In the case of liquidation, common stockholders are last in line in the distribution of the company's assets.

<u> Preferred stock </u>

The equity holders are paid dividends at regular intervals. Preferred stockholders have a priority in dividends payments over common shares but have no voting rights.

<u>Retained earnings</u>

The profit is used in the business. Retained earnings are profits that a company's management opts to distribute to shareholders as dividends.

<u>Senior debt</u>

The lenders are always paid within a predetermined time. Senior debts are low risk as they are given priority over other debts in repayment.

<u>Subordinate debt</u>

The debt carries more risk and is not the first in line to be paid. In the event of liquidation, subordinate debts are considered last in order of payment.

5 0

3 years ago