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Wewaii [24]
3 years ago
12

Retained earnings: Multiple Choice Are never adjusted for anything other than net income or dividends. Represents the amount sha

reholders are guaranteed to receive upon company liquidation. Represent an amount of cash available to pay shareholders. Can only be appropriated by setting aside a cash fund. Generally consists of a company's cumulative net income less any net losses and dividends declared since its inception. PrevQuestion 12 of 20 Total12 of 20Visit question map
Business
1 answer:
kolbaska11 [484]3 years ago
5 0

Answer:

Generally consists of a company's cumulative net income less any net losses and dividends declared since its inception

Explanation:

Retained earning is the balance of a company's profit that is retained after the distribution of dividend declared to it's shareholders.

A company that makes profit at the end of a reporting period usually make dividend declaration to its shareholder. The accumulation of these declarations are then taken out of the profit earned by the company. The balance when dividends declared(since it's inception) by the company is taken out from its profit, including any net losses is known as retained earning.

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The statement "<span>first select the data to be charted and then click the column button (insert tab | charts group)" is true when creating the clustered cylinder chart. There should a data first before you can create a chart. I hope it helps. </span>
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3 years ago
Your grandmother asks for your help in choosing a certificate of deposit​ (CD) from a bank with a​ one-year maturity and a fixed
CaHeK987 [17]

Answer:

1.97% and 2.01%

Explanation:

The computation of the effective annual rate is shown below:-

Effective annual rate = (1 + Annual percentage rate ÷ n)^n -1

For CD 1

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= (1 + 0.01 )^2 - 1

= (1.01)^2 - 1

= 2.01%

CD 2 will recommend to the grandmother

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4 years ago
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