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Fudgin [204]
3 years ago
15

Financial manager at Marshall Manufacturing, Chase is exploring sources of long-term funds to finance the construction of Marsha

ll's newest plant. Chase would prefer a funding source that does not require interest payments or involve major underwriting fees. Chase will consider using retained earnings to fund the construction project.
a. true
b. false
Business
1 answer:
daser333 [38]3 years ago
8 0

Answer:

A. True

Explanation:

Since Chase wants a long term fund that doesn't require a interest, it can be advisable that Chase uses the company's retained earnings.

Retained earnings (RE) is the amount of net income left over for the business after it has paid out dividends to its shareholders. A business generates earnings that can be positive (profits) or negative (losses).

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On January 1, 2021, Maywood Hydraulics leased drilling equipment from Aqua Leasing for a four-year period ending December 31, 20
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Answer: See explanation

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At the end of the period, the balance left in the factory overhead account is equal to the
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Answer:

d.total factory overhead cost variance.

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