Based on this information alone, the company's retained earnings equal $3,000.
<h3>Retained earning</h3>
Using this formula
Retained earning= Assets-liabilities-Common stock
Where:
Assets=$10,000
Liabilities=$2,000
Common stock=$5,000
Let plug in the formula
Retained earning=$10,000-$2,000-$5,000
Retained earning=$3,000
Inconclusion the company's retained earnings equal $3,000.
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Answer:
A is the answer I thank if not it c but my eyes is mostly on A bc it sounds right and looks rught
United States’ savings rate is only around 10%, much lower than any other countries. There's some reasoning behind it. In fact, countries with the highest savings rates weren’t necessarily the countries with the highest GDPs. GDP os US is $56,300 per capita but their household savings rate of just 4.9%. Also, in Hungary their GDP is $26,000 while their savings rate of 9.0%. This implies that the money they have isn't place on one nest only or put to savings, rather allocated to a much more important sectors. We should not forget taking into account their purchasing power parity, the rate a currency would have to be converted into another to buy the same amount of goods and services of the country.
Answer: $44,000
Explanation:
The following information can be gotten from the question:
Cash dividends declared for the year = $40,000
Cash dividends payable at the beginning of the year = $17,000
Cash dividends payable at the end of the year = $13,000
Therefore, the amount of cash paid for dividends was:
= $40,000 + $17,000 - $13,000
= $57,000 - $13,000
= $44,000
Which type of average provides the center-most score in a distribution? Median. The median is the center-most score within a distribution. To find this number, you need to arrange the numbers from smallest to largest and find the center number between them to figure out the median number.