Answer:
$162,520
Explanation:
As per the given question the solution of retained earnings is provided below:-
To reach at retained earning first we need to find out the total expenses and net income which are as follows:-
Total Expenses = Advertising Expense + Income Tax Expense + Rent Expense + Supplies Expense
= $40,000 + $26,000 + $23,400 + $33,800
= $123,200
now,
Net income = Revenue - Expenses
= $200,000 - $123,200
= $76,800
So, the Retained Earnings as of December 31, 2019 = Retained Earnings of January 1, 2019 + Net Income - Dividend
= $115,720 + $76,800 - $30,000
= $192,520 - $30,000
= $162,520
Answer:
The answer is "Option D"
Explanation:
In this question, throughout the situations which follow, a taxpayer can fall in value assets except that property is leased by another to be used in the trade or business of the individual or to generate income. In this, any shareholders of the professional are not puttering business. It is often a smart step, although from a tax viewpoint from a business point of view.
C. Because a social voice is very important
It would be Consumer and Industrial markets.
The statement is FALSE. It is because the free cash flow is calculated using information from the statement of cash flows mostly.
Net income generally can be defined as the gross profit minus all other expenses and revenue sources that are not included in gross income and also costs as well as any other income. Free cash flow or also known as FCF generally a\can be defined as the money a company has left over after paying its operating expenses (OpEx) and also capital expenditures (CapEx). The more free cash flow can allocate to dividends, paying down debt, and growth opportunities is the impact of the more free cash flow a company has.
Learn more about free cash flow here brainly.com/question/14762501
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