It was said that technological products begin to rise dramatically during the early 1990's. Such goods are personal computers, cell phones, and the World Wide Web. These could be highly attributed to President Bill Clinton's policies. On the other hand, the sector of agriculture slightly declines since it was less emphasized in the administration's economic policy.
Answer: <em>$1,160,000</em>
Explanation:
Given:
Retained earnings (beginning) = $1 million
Dividend paid = $100,000
Net income = $250,000
Goodwill increased by = $10,000
Therefore, we'll compute Retained earnings (end of the year) as:
Retained earnings (end of the year) = Retained earnings (beginning) + Net income + Increase in Goodwill - Dividend paid
Retained earnings (end of the year) = $1,000,000 + $250,000 + $10,000 - $100,000
Retained earnings (end of the year) = $1,160,000
The answer is Credit references. A credit reference is a data, the name of an individual, or the name of an association that can give insights around a person's past reputation with credit. FICO score offices give credit references to organizations while credit authorities give credit references to people.
