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zubka84 [21]
3 years ago
11

A Company had beginning retained earnings of $190,000, net income of $52,000, and

Business
1 answer:
olga_2 [115]3 years ago
3 0

Answer:

$190,000

Explanation:

Retained earnings are the profits not distributed to shareholders as dividends. In a given period, retained earnings will be the difference between profits and dividends.

I.e., retained earning = profits - dividends.

Therefore, Ending retained earning can be calculated as

Beginning retained earning + profits - dividends.

In this case

retained earnings = $190,000 + $52,000 - $52,000

=$242,000 - $52,000

=$190,000

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Check #1111 for $19.72, check #1112 for $9.50, and check #1113 for $35.00 have not cleared the bank. what is the total amount of
andreev551 [17]
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3 years ago
In their battle for chocolate lovers, Godiva and Hershey's must divide the population into different categories of consumers, fo
Veseljchak [2.6K]

Answer:

a. True

Explanation:

Godiva is a well known chocolate shop and Hershey is renowned all over the world. To take over the market control both have divided consumers into different categories, e.g. luxury of buying chocolates versus cost-conscious who are willing to pay a subsequent amount only and those who are looking for quick energy boost so good labeling than those looking for a gift to loved ones so better outlook, although both have industries in the same market.

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3 years ago
Which of the following statements about the waiver-of-premium provision in life insurance is true?
Verdich [7]

Answer:

Correct Answer:

D) The disability must occur before a stated age, such as 65, for premiums to be waived.

Explanation:

In Life insurance, the individual insured against bad events that may likely occur in his or her life through an insurance company. This would led to the company to pay his beneficiary or the individual in question if such event happened.

<em>For waiver-of premium to occur in a life insurance,the disability of the individual must occur before the age of 65 years which is assumed to be the retirement age.</em>

7 0
2 years ago
Roger remembers from a business class he took years ago in college that there are several business forms to choose from. Each fo
lakkis [162]

Answer:

This question is incomplete, the options are missing. The options are the following:

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And the correct answer is the option D: Limited Liability Company.

Explanation:

To begin with, the name of <em>"Limited Liability Company" </em>refers to a type of form of business, in the field of business law, that is helpful to adapt and use for some owners regarding the particular characteristics that this form gives to them. So once said that, this type of business form has the characteristics of both a corporation and a partnership so that means that it is quite flexible and can adapt depending on the situation that the owner is having. Moreover, one of the most important aspects of this type of form is the fact that the owner has a limited liability to what happens in the company so that means that his private assets are secure under this form.

7 0
3 years ago
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