Answer:
The correct answer is: $46,875.
Explanation:
Retained Earnings are the portion of the company's net earnings that it does not payout to shareholders as dividends. The company keeps this money, reinvest it in the business, or uses it to pay out a portion of its debt. To see how much of its earnings a company has retained look at the Balance Sheet under shareholder's equity. Retained earnings are calculated using the following formula:
RE = BP + Net Income (or Loss) − C − S
Where:
RE = Retained Earnings
BP= Beginning Period RE
C = Cash dividends
S = Stock dividends
Then, in the example:
RE = $45,000 + $ 8,000 - $6,125
RE = $46,875
Answer:
The government has two major roles;
a. The role of a rule maker.
b. The role of an umpire.
Explanation:
a.
A free enterprise system is an economic model where the prices and quantities produced are determined by the market rather than the government. The government usually has limited or no control on the market forces. In other words, a free enterprise system is an ideology where the market is majorly controlled by private businesses. The foundation for free markets are; voluntary trade, private ownership of property and competition in bidding. However, a government controlled economy usually has the following properties, namely; all property is publicly owned, trade is coerced and there is limited competitive bidding. Even though the government has a limited role in a free enterprise system it still has a role in allowing individuals to operate freely in the market. The roles of the government are; rule maker and umpire.
b.
In a free enterprise system, individuals are allowed to do their transactions without any restrictions. Even though individuals are free to operate, there needs to be rules to make sure that the transactions are in deed free. This is where the government comes in to enforce the laws that govern the smooth running of a free enterprise system. The government's role as an umpire means that the government has the authority to solve disputes resulting from different interruptions of the law.
Answer:
c. Cultural
Explanation:
The LGBT marriages differ from the straight marriages mainly on the traditions and type of events that they have.
This community is most given to have a different kind of ceremy, which different kinds of games, type of place and traditions.
In consequence, if a wedding services company is ought to change its marketing strategy should go to make cultural changes, offering the community the type of wedding they like.
Answer:
buying a second house
Explanation:
bonds have a high chance of providing returns whereas the housing market is very hard to predict
Answer:
d. The skill level of workers is identical in both countries.
Explanation:
The Law of One Price is an economic theory which explains that the price of identical or similar goods in different markets must be the same after taking the currency exchange into consideration. In law of one price, there is perfect competition and It ensures that buyers have the same purchasing power across global markets.