Answer:
the amount of expenses incurred during the period
Explanation:
Retained earnings are a part of a company's income that has not been distributed to shareholders as dividends. When management opts not to distribute all of the company's earnings as dividends, the portion not shared out is the retained earnings.
The retained earnings statement shows the accumulated amount of retained earnings up to the current period. It indicates the total earnings, the dividend paid out, and the retained earnings for the current financial year. The retained earnings statement does not feature expenses. Expenses are accounted for in the income statement that shows profits or loss for the period
Answer:
a. True
Explanation:
The capital account of a soul proprietor is similar to the equity account of a company. It shows how much the business owes the owner.
This includes the amount invested and net income over the years posted as part of the retained earnings.
Net income is the difference between the total revenue and total expenses.
Net income = $220,000 - $150,000
= $70,000
Net balance in capital account = $13,000 + $70,000
= $83,000
Physical distribution helps in maintaining stable prices. Even customers expect price stability over a period of time. proper use of transportation and warehousing facilities can help in matching demand with supply and thus ensure stabilisation of price.
Answer:
E. separation, self-service, automation, and scheduling.
Explanation:
Increase in productivity in a business aims to increase the efficiency of an individual or process involved in production of useful output.
Strategies for improving productivity includes separation, self-service, automation, and scheduling.
When there is seperation in services available to a customer, they easily identify the most relevant one to them.
Self service gives control of the process to the customer, resulting in greater satisfaction.
Automation reduces the turnaround time of processes and refocuses labour to more complex activities. So production efficiency increases.
Scheduling reduces time wastage by assigning time to complete activities.
False.
This is a periodic tenancy because Tom, as the tenant, may rent the apartment for successive periods under his lease, despite being "month-to-month." A tenancy at will, however, allows either the landlord or the tenant to terminate the arrangement at any time because there is more flexibility in the arrangement.
One key difference is the issue of the tenant's notice to vacate the apartment. Under periodic tenancy, the law typically requires the tenant to give at least one period (here, one month) notice to the landlord of the tenant's wish to leave the property. No such notice requirement is typically found within a tenancy at will.
