Answer:
3. Generally consists of a company's cumulative net income less any net losses and dividends declared since its inception.
Explanation:
Retained earnings or retained earnings are those benefits that the company has earned and that instead of distributing among the shareholders, they decide to invest in the company itself.
These earnings can be used to achieve further growth of the company, such as increasing the workforce, improving the budget dedicated to research or to obtain a liquidity fund that allows the company to correct possible emergency situations in the future.
Valve guides are one of the components in the engine that are subjected to a hard thermal and mechanical stresses. There are 3 specific types of valve guides, and they are :
Mono-metallic Valves - Produced with the idea of hot extrusion process or stamping process;
Bi-Metallic Valves - Make as possible to use the perfect combination of materials, both for the steam and the head;
Hollow Valves - This Valve guide have a particular use that it helps to reduce the weight and also reduce the temperature. Filled with sodium, the shaker effect of the sodium means that heat can go from the valve head to the valve stem, after this the temperature reduction of between 80°C and 150°C can be achieved.
Answer:
Confirmation of accounts receivables is not required when the account information is immaterial.
An account is said to have immaterial information when the account doesn't reflect any important or relevant information that can affect the opinions or decisions of shareholders, potential investors or creditors of the company.
The auditors have the responsibility of deciding what information is relevant and important and what is immaterial
Answer:
B2B
Explanation:
B2B Business-to-Business retail is a process in which a business sells its product to other business rather selling it to general consumer or general public. In B2C Business sells products to direct consumer, B2S Business sells products to Solopreneur and S2B Science reasearchers sell their work to Business.
Answer: $49.05
Explanation:
The call was purchased at $3.05 and the strike price at expiration is $46. The total expenses at expiration is:
= 46 + 3.05
= $49.05
To make a profit, the stock price will have to be above $49.05 which makes it the breakeven point.
<em>Option not included. </em>