Answer:
is the process in which an item or good is bringing profit to a business
Explanation:
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
Answer:
The correct answer is letter "B": Congratulations! We would like to offer you the position of senior analyst.
Explanation:
Direct writing implies providing relevant information at first and additional details at the end. This is to avoid misinterpretation of the message and to avoid running in circles before giving the audience news that can be of interest. Direct writing must be objective and avoid exuberance. Thus, the phrase:
<em>Congratulations! We would like to offer you the position of senior analyst.</em>
Meets the direct writing criteria since it straight provides the information the reader was waiting for -being accepted or not for the senior analyst position.
Answer:
Credit the following;
Investment (Available for sale) $18,000
Gain on sale of an investment $2,000
Explanation:
Assuming all the unrealized holding gains and losses have been reversed, the investment will be recorded at the original cost of $18,000 instead of the fair value and the gain would then be $2,000.
The Journal entry for the sale would be;
DR Cash.......................................... .............$20,000
CR Investment (Available for sale)......................... $18,000
Gain on sale of an investment .................................$2,000
<em>(To record sale of bond investment)</em>
I think its true, although some employers do not mind you refusing to take the drug test. The answer may vary due to different employers reactions, etc.
