1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
yarga [219]
2 years ago
8

Dividends declared is subtracted from the Statement of Retained Earnings. True or False.

Business
1 answer:
malfutka [58]2 years ago
7 0

Answer:

True

Explanation:

Retained earnings are profits that management opts not to distribute to shareholders. They are profits invested back in the business. The statement of retained earnings is the financial statement that records the retained earnings.

Calculation of retained earnings is by deducting dividends from the net profits. In the statement of retained earnings, net profits are added to the beginning balance of retained earnings and subtracting dividends declared.

You might be interested in
Where do you think the biggest hole is in the registration statement?
Alex17521 [72]
In the United States, a registration statement is a set of documents, including a prospectus, which a company must file with the U.S. Securities and Exchange Commission before it proceeds with a public offering.

Not that sure though
Best luck with your studying
8 0
2 years ago
on august 1, paid $72,000 cash to purchase houtte's 9%, six-month debt securities ($72,000 principal), dated august 1.
Kitty [74]

Here short term investment is debited as it increased the asset and credited the cash as decreased the asset.

here cash is debited as it increased the asset and credited the interest revenue as it also increased the revenue.

What Are Short-Term Investments?

  • Marketable securities, commonly referred to as temporary investments or short-term investments, are financial investments that can be quickly converted to cash, usually within five years.
  • After only three to twelve months, many short-term investments are sold or turned into cash. CDs, money market accounts, high-yield savings accounts, government bonds, and Treasury bills are a few typical examples of short-term investments.
  • Short-term investments, also known as marketable securities or temporary investments, are financial investments that can be easily converted to cash, typically within 5 years.
  • Typically, these investments are high-quality and highly liquid assets or investment vehicles.
  • Short-term investments may also specifically refer to financial assets of a similar kind, but with a few additional requirements, that are owned by a company.

To know more about Short-term investment visit:

6 0
2 years ago
A sharp downturn in the U.S. housing market reduced the income of many who worked in the home construction industry. A Wall Stre
Shalnov [3]

Answer:

Answer is explained in the explanation section.

Explanation:

If the wages of the Hispanics construction worker in America are less then, they will not have near as much money to send home to their relatives back in Mexico.

And if their families do not have as much as it use to be then they will not be able to buy near as much as they used to.

It means that if the construction workers don't get as much money as they used to then, neither they nor their families  will be able to spend as much as they use to which will obviously hurt each of their economies.

6 0
3 years ago
Which item is a benefit of using the travel card?
Leviafan [203]

Using a travel card hinders a traveler or adventurer from being forced to use their own cash for authorized travel expenditures. Having a travel card gives you many benefits. Using a travel card is a widespread, useful and safe method nowadays, to purchase overseas currencies and take it out of the country. A travel card can be stress-free and more secure than bringing cash or traveler’s cheques, for the reason that you can preload a card with a distinct currency or numerous, depending on your travel ideas.

4 0
3 years ago
According to liquidity preference theory, if the quantity of money demanded is greater than the quantity supplied, then the inte
melisa1 [442]

Answer:

The correct answer is option A.

Explanation:

Liquidity preference theory was given by J.M Keynes. He states that money is demanded by people because it holds certain liquidity.

There are various motives involved for which people prefer liquidity. These motive are precautionary, transactionary and speculative motives respectively.

When the demand for money is more than supply, it means there is excessive demand. This excess demand will lead to increase in the interest level. At higher interest, the quantity of money demanded will fall.

4 0
3 years ago
Other questions:
  • A service contract for a video projection system costs $195 a year. you expect to use the system for four years. instead of buyi
    6·2 answers
  • The marginal impact of overall medical spending on health status is ________in the United States. The marginal impact of prevent
    12·2 answers
  • In times of rising prices, inventory profits (or phantom profits) are said to occur under the FIFO cost flow assumption. This oc
    8·1 answer
  • _____ planning normally is performed by middle managers and typically has a one-year time frame? 1. Strategic planning 2. Tactic
    14·1 answer
  • Washington state had a bumper apple crop this year, significantly increasing the supply of apples in the U.S. Given this informa
    13·1 answer
  • Depreciation
    10·1 answer
  • Which of the following is not true of taxable asset purchases?
    10·1 answer
  • A major benefit of socialism is the
    13·1 answer
  • Vernon Bicycle Manufacturing Company currently produces the handlebars used in manufacturing its bicycles, which are high-qualit
    9·1 answer
  • All leveling techniques delay noncritical activities by using ________ to reduce peak demand.
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!