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marusya05 [52]
3 years ago
11

Which component of owners’ equity does the situation below indicate? Owners’ equity includes , ______ which is the amount of pro

fits that your business has been able to save over the past few years.
Business
1 answer:
Gemiola [76]3 years ago
8 0

Answer:

Retained earning

Explanation:

A company's profits are distributed to shareholders as dividends, retained in the business for reinvestment, or both. Therefore, retained earning are profits that were not distributed to shareholders. They are funds that belong to owners but withheld for use in the business.

Retained earnings form part of a company's capital. It is money that shareholders have contributed to the business by not sharing in profits.

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Waymire Company sells a motor that carries a 60-day unconditional warranty against product failure. From prior years' experience
MA_775_DIABLO [31]

Answer: Income statement $100,000

Balance sheet warranty liability $Nill

Explanation:

Since we are at the end of the period and all activities has been concluded with no expectation of claim of repairs. The firm will only record the cost incurred for current period on repairs which is $100,00 ( $100*1000) . The liability will be zero since the company has taken care of all repairs for the period.

3 0
3 years ago
In communication, what is purpose?
viva [34]

Answer:

C.

Explanation:

The purpose for communication is whatever the reason you would want to communicate in the first place.

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7 0
2 years ago
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Ginger's working on creating her first Google Search Ad. She wants to create an inviting and relevant ad, so potential customers
pav-90 [236]

has a larger font size

includes a current promotion

is listed after search results

includes at least two different colors

has a relevant headline

Answer:

has a relevant headline

includes a current promotion

Explanation:

A google search ad is a paid advertisement that is created to promote a product or service using the google ads platform and they appear in the search results on Google. To create a relevant ad that will earn user clicks, Ginger should focus on creating an ad that has a relevant headline that is related to the product or service so that it will attract the potential customers that are looking what she is offering. Also, the ad should include a current promotion that will increase potential customer's interest and call them to action.

The other options are not right because having a large font size, being listed after search results  and including at least two different colors  won't get customers interest and lead them to act by clicking on the ad.

7 0
3 years ago
What happens when the federal reserve decreases the money supply?
Shtirlitz [24]
The currency would deflate, though this never happens
4 0
3 years ago
5. Debit cards can be:
Molodets [167]
The answer to that question is letter D. hope this helps
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3 years ago
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