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Pani-rosa [81]
3 years ago
14

All of the following statements regarding retained earnings are true exceptA. retained earnings represents a claim on cash.B. a

debit balance in Retained Earnings indicates a deficit.C. retained earnings is net income that a company retains in a business.D. some companies may restrict availability of retained earnings for dividends.
Business
1 answer:
-BARSIC- [3]3 years ago
8 0

Answer:

A) retained earnings represents a claim on cash.

Explanation:

Retained earnings are the accumulated profits that a company keeps that are left after dividends are paid. Retained earnings are the equivalent of a savings account for an individual. Retained earnings are shown in the balance sheet as part of owners' equity.

For example, corporation A had a net profit of $10 million during last year, and it paid dividends for a total of $4 million, its retained earnings for last year are $6 million.

Companies use retained earnings as money available for financing new or existing projects.

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trapecia [35]
The aggregate<span> demand curve, like most typical demand curves, slopes downward from left to right. Demand increases or decreases along the curve as prices for goods and services either increase or decrease. In addition, the curve can </span>shift<span> due to </span>changes<span> in the money </span>supply<span>, or increases and decreases in tax rates.</span>
4 0
3 years ago
Suppose you were hired as a consultant for a company that wants to penetrate the Comp-XM market. This company wants to pursue a
cupoosta [38]

Answer:

Chester Company is the strongest Competitor

Explanation:

Chester company has developed a strategy of cost cutting to survive best among its competitors. It has cut its routine expenses and has lowered its cost of goods manufactured which can lead to profit maximization. The company has lowered its selling price and customers are more attracted to it because of its cheap price among all other companies supplying same products

8 0
3 years ago
Which of the following is not true of taxable asset purchases?
shutvik [7]

Answer:

e. None of the above

Explanation:

The taxable asset purchases allows the individual to increase or step up the tax basis of acquired assets so as to reflect the price of the purchases made.

If one buy an assets, then he or she wants to allocate total purchase price in a way which gives a favorable postacquisition tax results.

In case of taxable asset purchases, the tax credits or the net operating losses cannot be transferred from the target firm to the acquiring firm.

6 0
2 years ago
$1,200 is received at the beginning of year 1, $2,200 is received at the beginning of year 2, and $3,300 is received at the begi
mart [117]

Answer:

Their combined future value will be 8,141.59.

Explanation:

Each deposit is invested at 12%, but for a different amount of years. So, the best thing would be to separate the three, calculate their value at the end of the third year for separated, and then obtain the grand total by adding up the results.

  • First deposit = 1,200. It is invested for three years. The value at the end of year 3 is 1,200*(1.12)^3 = 1,685.91
  • Second deposit = 2,200. It is invested for two years. The value at the end of year 3 is 2,200*(1.12)^2 = 2,759.68
  • Third deposit = 3,300. It is invested for one years. The value at the end of year 3 is 3,300*(1.12) = 3,696.00
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6 0
3 years ago
"A" represents the new quantity demanded, while "B"
Flura [38]

Answer:

1) Excess supply

2) fall

Explanation:

8 0
3 years ago
Read 2 more answers
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