Based on accounting principles, an accumulated deficit means a company has "<u>accumulated more net losses than net income."</u>
This is because the accumulated deficit is generally considered to be a "<u>negative retained earnings balance."</u>
In other words, accumulated deficit is the total summation of the losses and dividends paid by a company that supersedes the profits gained by the company.
Hence, in this case, it is concluded that the correct answer is option B. "<u>accumulated more net losses than net income."</u>
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Answer:
I think its to maintain inflations in the economy (sorry if im wrong)
Explanation:
Answer:
Facultative
Explanation:
Facultative reinsurance is a type of coverage which covers a single risk or a block of risks held in the book of business of the insurer who has purchased the cover.
It allows the company which reinsurance to review individual risks which helps in determining whether to accept or reject them
The Facultative reinsurance is more focused in nature.
A tax imposed on apples will be paid largely by THE SELLERS OF THE APPLES. The demand for apples being elastic means that small changes in price will cause large changes in quantity consumed. The supply for apples being inelastic means that the quantity supplied of apples is unaffected when the price of apple changes. This means that because of the imposed tax, the price of the apple will probably increase but since an increase in price will reduced the quantity bought, the sellers has to maintain the original price of the apples. In this case, the sellers of the apple will bear the larger parts of the imposed tax
