Answer:
a. Retained earnings
b. Net income
Explanation:
The statement of the retained earning is shown below:
Retained Earning statement
For the year ended
Beginning balance of retained earning XXXXX
Add: Net income XXXXX
Less: Cash Dividend paid XXXXX
Ending balance of retained earning XXXXX
With the help of the retained earning, net income, and the dividend the statement of the retained earnings should be prepared.
Answer:
B
Explanation:
Walter would loose because he gave no consideration
PS-WHY WOULD YOU SUE SOMEONE FOR GIVING YOU EXTRA $$$?
Answer:
Increase in population
Explanation:
When GDP is growing at a constant rate, the only way that real GDP per capita falls is when population growth rate is higher than that of GDP growth rate.
Answer:
For a manufacturer the budgeted income statement includes amounts from the sales, cost of goods sold, cash, and capital expenditures budgets (c)
Explanation:
Like a typical income statement, the Budgeted income statement would show its Sales Forecast, and the resultant costs of producing these volume projected. It will usually follow a trend consistent with the Previous years Business seasonality, peak and lows, and duration of consumer improved disposable income (e.g periods of tax credit, black friday etc).
In addition a Business will want to forecast its Cashflow and Capital expenditure (Balance Sheet) so as to have a general view of what to expect if circumstances turn out as planned and to have a picture of how much growth or decline it is projecting into the future.
Answer:
direct from provider to customer
Explanation:
Service industry is different from the product industry in terms of the marketing channels used. While the product marketing includes thorough examination of possible marketing channels, the service industry has a main marketing channel concept - providing service directly from the provider to customer.
