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shutvik [7]
3 years ago
13

If retained earnings decreased during the year, and no dividends were paid, which of the following statements must be true? (A)

Expenses for the year exceeded revenues.(B) The company did not have enough cash to pay its expenses.(C) Total equity decreased.(D) Liabilities increased during the year.
Business
1 answer:
Fynjy0 [20]3 years ago
3 0

Answer:

The answer is (A) Expenses for the year exceeded revenues.

Explanation:

If retained earnings decreased during the year, and no dividends were paid this would mean the company would have made a loss in the financial period.  A loss occurs when expenses  for the year exceed revenues.

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Suppose that the adult population in the town of Springfield is 225 million. If 40 million are unemployed and 100 million are em
amid [387]

Answer:

a) 29%

Explanation:

The formula to compute the unemployment rate is shown below:

Unemployment rate = (Number of Unemployed workers) ÷ (Total labor force) × 100

where,

Number of unemployed = 40 million

Total labor force = Number of unemployed + number of employed

                            = 40 million + 100 million

So, the unemployment rate would be

= (40 million) ÷ (140 million) × 100

= 29%

5 0
3 years ago
produces class rings. Its​ best-selling model has a direct materials standard of grams of a special alloy per ring. This special
lozanna [386]

Complete Question:

Collegiate Rings produces class rings. Its best-selling model has a direct materials standard of 8 grams of a special alloy per ring. This special alloy has a standard cost of $65.40 per gram. In the past month, the company purchased 8,700 grams of this alloy at a total cost of $567,240. A total of 8,300 grams were used last month to produce 1,000 rings. Read the requirements. Requirement 1. What is the actual cost per gram of the special alloy that Collegiate Rings purchased last month? (Round your answer to the nearest cent.) The actual cost per gram of the special alloy that Collegiate Rings purchased last month is $

Answer:

Collegiate Rings

The actual cost per gram of the special alloy that Collegiate Rings purchased last month is $65.20

Explanation:

Calculations:

Actual Cost per gram of special alloy = Total Actual Cost/Total Actual Quantity

= 567,240/8,700 grams

= $65.2

This value represents the cost of the special alloy per gram.  It is obtained as calculated above.  Price or cost per unit is always equal to the actual cost divided by the total quantity.  The actual cost will be equal to the price charged by the supplier less any discounts or special allowances.

7 0
3 years ago
________ consist(s) of employees representing various functions of the company, such as R&D, design, production, marketing,
zubka84 [21]

Answer:

Cross functional teams

Explanation:

Cross functional teams is the term which is defined as the groups which are made up of the people from the different functional areas within the company or firm such as the human resources, marketing, sales, customer service and distribution.

Under this teams are effective as each member could address the business decision from different view points.  

Therefore, the cross functional teams are the one which compromise of the employees stating the various company functions.

7 0
3 years ago
Software Riverside Company issued long-term debt of 410 paid dividends of 20 and issued capital stock of 100. Cash flow from fin
Mazyrski [523]

Answer:

Cash flow from from financing activities = $490

Explanation:

<em>The cash flow from financing activities includes that entails any or a combination of the following; issuance and redemption of stocks , issuance and redemption of debts and payment of interest and/or dividend, and receipt of dividend and or interest.  </em>

Cash flow                                    $

issue of long term debt           410

Cash dividend paid                  (20)

Capital stock issued                  <u>100 </u>

Net cash from financing activ.  <u>490</u>

Cash flow from from financing activities = $490

8 0
3 years ago
What must a landlord or homeowner post that informs workers that the homeowner is not responsible for the work being performed?
Phantasy [73]

Answer:

A notice of cessation

Explanation:

A notice of cessation is a written notice that is issued by the contractee or the owner of a project (or his or her agent) to inform concerned parties that no work has been performed at the project site for a certain period. This notice also sets the time frame within which the affected parties may carry out their lien rights against one another

5 0
3 years ago
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