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irina1246 [14]
3 years ago
13

The following information is available for the Noir Detective Agency. After closing entries are posted, what will be the balance

in the Retained earnings account
Business
1 answer:
omeli [17]3 years ago
8 0

Answer: $230,400

Explanation:

The Retained earnings account is mainly used to record how much the company retains from its past and present net incomes after paying out dividends to shareholders.

Ending Balance = Beginning balance + Net income - dividends

= 294,000 + (-27,600) - 36,000

= $230,400

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A lawn service company has the following production possibilities. With​ one, two,​ three, and four​ workers, the company can mo
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Answer: Third

Explanation:

Diminishing returns to labor refers to the phenomenon where every additional worker leads to an increase in production at a decreasing rate.

Using the scenario described, when there was only one employee the company could mow 4 lawns a day. They added a 2nd worker and that figure went to 9 lawns a day which is an increase of FIVE.

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Answer:

A standard unmodified opinion.

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5 0
2 years ago
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For an instrument to be negotiable, it should be noted that the UCC requires that such instrument have to be signed by the maker or the drawer.

The UCC requires that HDCs take instruments in good faith. This means that the holders must have acted honestly and observed all reasonable commercial standards of fair dealing.

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