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Zina [86]
3 years ago
10

Its retained earnings is the actual cash that the firm has generated through operations less the cash that has been paid out to

stockholders as dividends. If the firm has sufficient retained earnings, it can purchase assets and pay for them with cash from retained earnings. True False
Business
1 answer:
ser-zykov [4K]3 years ago
4 0

Answer:

FALSE.

Explanation:

Retained earnings are the percentage of a corporation's profits that have not been allocated to shareholders; alternatively, they are retained for holdings in working capital and/or intangible assets, as well as for paying down any exceptional liabilities.

An organization's retained earnings are the organization's accrued total income that the company retains at a point in time, as well as at the close of the current period.

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Medium:
Sever21 [200]

Answer: 335000

Explanation:

The company's cost of goods available for sale will be calculated as the addition of the begining inventory, the net purchases and the freight. This will be:

= Beginning inventory + Purchases + Freight

= 250000 + 70000 + 15000

= 335000

4 0
2 years ago
Relevancy ranking suggests internet search result will be placed in order of
vodomira [7]

Relevancy ranking suggests internet search result will be placed in order of the order of the most relevant to the search query. The first item on the ranking should be the most relevant and then as the list goes down they are less related to the topic being searched for.

8 0
3 years ago
Calculating Contribution Margin and Contribution Ratio, Preparing Contribution Margin Income Statement [LO 5-5]Riverside Inc. ma
Lyrx [107]

Answer:

64% it's the contribution margin of the company.

Explanation:

To find the contribution margin we need to find the gross profit which is the total sales minus the variable cost of goods, te contribution margin doesn't include the fixed costs only the variable ones.

Income Statement    

Quantities                    400      600              750           1.000  

Sales                      $148,000   $222,000   $277,500   $370,000  

Cost of goods sold     -$54,000  -$81,000         -$101,250  -$135,000  

Contribution Margin  $94,000  $141,000    $176,250   $235,000  

                                       64%       64%                 64%             64%

Fixed Cost                -$60,000  -$60,000   -$60,000  -$60,000  

Total Cost                 -$114,000  -$141,000      -$161,250  -$195,000  

Operating Income          $34,000    $81,000    $116,250   $175,000  

5 0
3 years ago
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abcdefghijklmnopqrstuvwxyz

4 0
3 years ago
Read 2 more answers
How do you start a business in America?
Luba_88 [7]

Answer:

How To Launch Any Business Online For Under $100! YES you can! Starting an online business doesn’t need to be complicated. Start Any Online Business.

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3 years ago
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