Answer: $322 241
Explanation: Retained earnings is the capital that is left over after total dividends has been deducted and paid out. It is calculated as follows:
Retained earnings = retained earnings at the beginning of the year + net profits made during the current year - dividends paid out.
∴ Retained earnings = $318, 423 (opening Retained earnings)+ $11,318 (net profits / income) - $7,500 (dividends)
=$322,241
The $25,000 new stock issued generated income to the business, but this does not fall in the retained earnings line item. Rather it falls under the Ordinary Share Capital line item, which includes all the company's issued share capital.
<span>Foreign companies and investors benefit the most from a falling dollar. When the amount that a dollar can buy depreciates, it becomes more expensive, relatively, to purchase foreign goods. In addition and because of this depreciation, it also becomes relatively less expensive for foreign investors to purchase domestic goods, which means that foreign companies can buy more from US-based businesses.</span>
The SRAS curve slopes upward.
- We can understand how each firm in an economy reacts to price stickiness using the short-run aggregate supply curve (SRAS). The SRAS curve will have an upward slope when prices are stable. According to the SRAS curve, more output results from higher price levels.
- The SRAS curve will move to the left as the cost of such inputs rises, signaling that, at each level of output price, greater input costs will discourage production because they will make it more difficult to turn a profit.
- The SRAS curve moves to the right as productivity increases because more productive businesses can generate more output at all pricing points.
Thus this is the answer.
To learn more about SRAS curve, refer:brainly.com/question/26875448
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