Answer:
All net income, less all dividends, since the company began operations.
Explanation:
Retained Earnings are the retained profits that the company keeps with itself, for meeting any case of emergency or for growing company and thus, meeting the growing expenses.
Each year when company earns profits and then, it distributes its profits in the form of dividends, the balance remaining after paying the dividends is added to retained earnings.
Thus, the entire balance of these kind of profits not paid anywhere else and also not utilized is called retained earnings.
<span>On receiving Mike's phone call, Stan commits suicide by cutting his wrists in the bathtub and writing "IT" in his blood on the wall. Stan was the only one aware that It was not only female but was also pregnant, hence he chose death over returning to Derry to face the ancient terror despite being the one to slice the Losers' palms in a blood oath</span>
A regressive tax has the biggest impact on the income of the middle-sector households. of the American economy because they are affected by the increase of the average tax rate. The regressive tax gets its large percentage from the middle sector than the high-class households with high earnings.
Answer:
A) It will decrease prior service cost and, as prior service cost is amortized, will decrease pension expense.
Explanation:
<em>Prior service cost</em> is the cost of additional benefits that an employee is entitled to receive for service rendered over a period of time due to an amendment in pension plan.
<em>Prior service cost is amortized</em> by adding equal amount to each future period of service of each employee that are expected to receive the benefits of the amended pension plan.
Therefore,due to the extended retirement age, the prior service cost will increase and as the service cost is amortized, it will decrease the pension expenses of the company.
The correct answer is a single payment loan.
This means that he will pawn his watch to a pawnbroker, who will pay him the entire sum immediately, without having to use monthly installments or something like that. A single payment loan refers to the payment of the entire principal sum at that particular moment when the loan is taken.
