Answer:
Ending retained earnings balance is 700.
Explanation:
In order to find the ending retained earnings we will have to start from the beginning retained earnings. The beginning retained earnings are 1050. Because the company has a net loss of 150 we will subtract 150 from 1050. And we are left with 900. After this we will subtract the 100 cash dividends as these are also paid from the retained earnings that the company has so we are left with 800. Also the company pays a stock dividend worth 100 so we will also subtract that and are left with 700. So the ending retained earnings balance is 700.
Answer:
Express contract
Explanation:
An express contract is one that is formed when the parties agree to the terms of the contract in writing or orally as at the time the contract is made.
The elements of a contract are clearly stated during the agreement. That is the offer, acceptance, and consideration.
Examples of express contract are real estate contract and employment contract.
On the other hand implied contract are those that are not based on a written contract. For example if a person purchases a television it is expected to power on. This is an implied contract and of the television does not power on the buyer can sue the seller for breach of contract.
Answer:
customer satisfaction
Explanation:
Being able to achieve customer satisfaction is the main goal but the means to do it should be ethical.
Answer: $51 million
Explanation:
Based on the values given in the question, the income tax expense would be calculated as:
Taxable Income = $220 million
Less : Deferred Income = $16 million
Form the above, we would then calculate the tax expense as:
= 25% × ($220 - $16)
= 25% × $204 million
= 0.25 × $204 million.
= $51 million
Answer:
free rider
Explanation:
Bart spends alot time in playing game so he not participate in team of work
so we can say Bart is a free rider because A free rider is the that person who get benefit without participate in team or without contribute effort
and this type of problem also arise when individual person make decision about buy public good that is free rider
so here we can say Bart is a free rider