Answer:
$205,000
Explanation:
We know that
The ending balance of retained earnings = Opening balance of retained earnings + net income earned - dividend paid
= $145,000 + $90,000 - $30,000
= $205,000
By considering the above formula, we can easily find out the ending balance of retained earnings by taking opening balance, net income and dividend amount
Answer:
C. Language and Music.
Explanation:
The letter report has listed salaries of various employees in different departments. The college majors have different salaries who teach different subjects. The salary for social science staff is higher than the language teaching staff. The most significantly different salaries are for language and music college majors.
Answer:
b.purchases are larger than the cost of goods sold by the amount that inventories increased
Explanation:
As we know that operating cash flow refers to the cash amount i.e to be generated through day to day activities
So if there is an increase in inventories and the same is to be deducted from the net income because as the cost of goods sold is reported on the debit side of the income statement but if the purchase amount is more than the cost of goods sold so to maintain the accrual basis we need to do the adjustments.
This sounds like a question al depending on your opinion.
Answer:
When trying to build an independent business brand where I would be the sole distributor of printing papers in my college.
I will need his support to help me analyze the feasibility of this venture, my target customers, number of students in the college, number of printing papers used on a daily average, the existing competition, what I have to do to become a part of that competition, if this venture would affect my studies, if I can combine both schooling and being an entrepreneur, and if I have legal rights to carry out such business on campus?
I would write out a formal breakdown of my dreams and business aspirations and reiterate how much I admire his guidance and would love him to help me through this phase as I realize it would be overwhelming. I would assure him of sticking to the main reason why I am in school and how this would not get in the way of I getting good grades from school.
