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harina [27]
3 years ago
10

Retained earnings a.cannot have a debit balance b.is equal to cash on hand c.is the same as contributed capital d.changes are su

mmarized in the retained earnings statement
Business
1 answer:
rewona [7]3 years ago
4 0

Answer:

d. Changes are summarized in the retained earnings statement

Explanation:

Retained earnings also known as accumulated earnings, can be defined as the total amount of net income held by a corporation for its future use after paying out dividends to its shareholders.

The retained earnings statement refers to a financial statement that enumerate changes in retained earnings for an organization over a specific period of time. The retained earnings statement is the statement of owner's equity that outlines details of changes in the amount of retained earnings (profits) over a specified period in an organization.

<em>Hence, retained earnings changes are summarized in the retained earnings statement.</em>

<em>The main purpose of preparing a retained earnings statement is to boost investor's confidence and improve market value. </em>

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Item11 2 points Time Remaining 1 hour 57 minutes 8 seconds01:57:08 Item 11 Time Remaining 1 hour 57 minutes 8 seconds01:57:08 An
Zanzabum

Answer: Bonds do not affect owner control.

Explanation:

Bonds are simply refered to as the units of corporate debts which are being issued by companies. It is a fixed income instrument and its advantage is that the bonds do not affect owner control.

Bonds can also bring about a rise in the return on equity. Therefore, the correct option is A.

3 0
3 years ago
To retain its edge in the organic health food market, Natura has established a high-priority team comprised of senior executives
polet [3.4K]

Answer:

Cross-functional

Explanation:

It is a team composed of people with different skills necessary to complete the work.

A cross-functional device is one that:

   As a whole it is self-sufficient.

   He has the knowledge and skills necessary to build the part of the product that corresponds to him.

   Each member's specialty can be complemented by some other team member.

In a multifunctional development team, speed and productivity are triggered because, not depending so much on other people to do the job, request information, resources or requests from different managers, much time is saved in the process.

5 0
3 years ago
Smith Company gives the following information on the financial statements: Net Income $50,000 Preferred Dividends 8,000 Average
ch4aika [34]

Answer: The rate of return on common stockholder’s equity is 23%.

Explanation:

Given that,

Net Income = $50,000

Preferred Dividends = 8,000

Average Common Stockholder’s Equity = 180,000

Average number of Common Shares Outstanding = 250,000 shares

Market Price = $2 per share

Therefore,

Return on equity = \frac{Net\ income - Preferred\ Dividends}{stockholder\ equity}

=  \frac{50000 - 8000}{180000}

= 23%

5 0
3 years ago
The financial statements of a company are the primary sources of information that enable us to communicate the financial results
maks197457 [2]

Answer: both internally and externally

                     

Explanation: In simple words, financial statements refers to the group of reports and statements that are prepared by an organisation for communication its financial performance and postilion to its internal and external stakeholders.

It constitutes balance sheet, cash flow statement and income statement etc.

4 0
3 years ago
Which of the following statements is CORRECT? a. If an investor buys enough stocks, he or she can, through diversification, elim
Len [333]

Answer:

C. A security's beta measures its non-diversifiable, or market, risk relative to that of an average stock.

8 0
4 years ago
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