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Evgen [1.6K]
3 years ago
13

Retained earnings is the total amount of cash and other assets paid in to the corporation by stockholders in exchange for capita

l stock. True or false?
Business
1 answer:
Cloud [144]3 years ago
6 0

Answer:

false

Explanation:

Paid-in capital is the amount of money or any other form that stockholders pay to the corporation for capital stock. it is considered as an important part of the equity in the business. paid-in capital can be paid for common or preferred stock.

it is considered a way through which stockholders can represent their funds by showing the amount of stock they have purchased

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Brooks Sisters' operating income (EBIT) is $168 million. The company's tax rate is 40.0%, and its operating cash flow is $142.1
Lena [83]

Answer:

The company's net cash flow is $64.7 million

Explanation:

Brooks Sisters' operating income (EBIT) is $168 million and the company's interest expense is $17 million.

Taxable income = $168 - $17 = $151 million

The company's tax rate is 40.0%, and its operating cash flow is $142.1 million:

Tax = $151 x 40% = $60.4 million

The company's net cash flow =  Operating cash flow - The company's tax - the company's interest expense = $142.1 - $60.4 - $17 = $64.7 million

7 0
3 years ago
Ahmed owns a small motor repair shop that had a cash flow of $297,241 in the current period. If Ahmed expects his business to gr
Tomtit [17]

Answer: $321,020

Explanation:

The cash flow is expected to grow at a rate of 8%.

This means that in the next year it will be 8% higher than the $297,241 it is in the current period.

= 297,241 * ( 1 + rate)

= 297,241 * ( 1 + 8%)

= $321,020

4 0
3 years ago
Tomorrow is my interview in Lucknow Public School for admission for 9th standard. Can anyone help me by giving some tips and tri
castortr0y [4]
Remain calm, keep eye contact, don’t seem nervous they’ll notice that, practice your interview by yourself don’t wait till your there in person to do it or you might slip up
5 0
3 years ago
We purchased a building with a market value of $150,000 for $125,000 cash. The seller paid $50,000 when they originally purchase
Aleksandr [31]

Answer:

$125,000

Explanation:

When records are made of a purchase we do not consider the original price the seller bought the item or the fair market value of the good.

We record the amount that was actually paid while purchasing the good.

In this scenario although the the fair market value of the building was $150,000 and the price the owner originally bought it was $50,000, the amount we will record for the purchase is what was paid. That is $125,000

6 0
3 years ago
Inefficiency exists in a market when a good is
ddd [48]

Answer:

d. being consumed by buyers who value it most highly."

Explanation:

Since the efficiency arises when optimal amount of each good and service is being produced and consumed in the economy.

Hence it can be said that inefficiency exists in the economy when a good not being consumed by the consumer who value it highly.

3 0
3 years ago
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