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elena-14-01-66 [18.8K]
3 years ago
12

Retained earnings on the balance sheet?

Business
1 answer:
belka [17]3 years ago
3 0

Answer:

The answer is D. have already been reinvested in the firm

Explanation:

Retained Earning is that part of income or profit that was not distributed out as dividend.

It is retained to grow the business or make the business bigger. It is part of shareholder's equity.

Option A is wrong. It doesn't increase with operating income. It depends on dividend policy and the net profit

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Select the best term to describe the following examples.
Bezzdna [24]

Answer:

The correct answer is: Emotional contagion.

Explanation:

The emotional state of an individual can be affected by the exposure to emotional expressions of others around which means that the emotional state can be transferred from one person to another even in online interactions through a process called emotional contagion.

Emotional contagion implies an individual connecting its emotions to others' moods which is likely to be reflected in both parties' behavior.

6 0
3 years ago
During each of the next three years, Silver reported net income of $30,000 and paid dividends of $10,000. On January 1, 20X9, Pl
nikdorinn [45]

Answer:

$255,000

Explanation:

If a company acquires shares of another company the investment amount is shown in the balance sheet of the acquirer. When Plate acquired shares of Silver, it reported the investment of $225,000. The Silver reports a profit of $30,000 on January 2019. The amount reflected in the balance sheet of Plate will be $255,000. This is the sum of investment plus the profit reported by the Silver.

3 0
3 years ago
A real estate salesperson brings a buyer to a For-Sale-By-Owner transaction. The home sells for $120,000, and the seller agrees
sweet [91]

Solution:

The home sells for = $120000

The commission that is paid by the seller is 3 percent

Therefore, commission = 3% of $120000 = $3600

The sales-person is on a 65 percent commission schedule with her broker which means that the saleperson gets the 65 percent amount of the commission.

Thus, the amount which is received by the salesperson from the given transaction is = 65% of $3600 = $2340

Therefore, the salesperson receives $2340 amount from the said transaction.

8 0
3 years ago
Identify which basic principle of accounting is best described in each item below. (a) Norfolk Southern Corporation reports reve
Stels [109]

Answer:

The answers are,

For A. It's the revenue recognition principle in which revenue is recognised when it is earned, now when the cash is realized.

For B. Its the matching concept in which all expenses related with earnings are debited against it to find the profit or loss.

For C. It's full disclosure principle in which all events in material nature has to be disclosed. We can say that going concern effects this as well, as if any event affect the continuity of an entity, it has to be disclosed as well.

For D. It's the historical cost principle in which you account the assets and expenses at the price you paid for them. When the value increases over time, you can reevaluate and adjust it.

Explanation:

7 0
3 years ago
What can the fair test help you avoid?
marishachu [46]

Fair test can help you avoid wrong answers as they are used in finding right answers in research.

<h3>What is fair test?</h3>

Fair test is used to investigate in research, the researcher keeps some variable as constant while other are changed and not constant to get effective answers. Fair test can be used to generate accurate answers in research.

Therefore, fair test can help you avoid wrong answers as they are used in finding right answers in research.

Learn more on fair test below,

brainly.com/question/6791607

#SPJ11

5 0
1 year ago
Read 2 more answers
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