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allochka39001 [22]
3 years ago
7

(Computation of Retained Earnings) The following information has been taken from the ledger accounts of Isaac Stern Corporation.

Business
1 answer:
Ugo [173]3 years ago
3 0

Answer:

The current balance of retained earnings is $227,000

ExpIanation:

In order to calculate the current balance of retained earnings we would have to calculate the following formula:

current balance of retained earnings=Total income since incorporation-Total cash dividends paid-Total value of stock dividends distributed

current balance of retained earnings=$317,000-$60,000-$30,000

current balance of retained earnings=$227,000

The current balance of retained earnings is $227,000

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I Nike the biggest to seller in USA??
Brut [27]

Nike is the world's largest company in the footwear market and has the biggest market share in the USA.

Explanation:

Nike has a mammoth share of 29% in the global market and has even greater of a monopoly in the USA for footwear markets.

This monopoly comes at the expense of its competitors like Adidas that are relegated to the global second in almost all spots by the Nike market share.

Nike has been worn more throughout history and its smart brand tactics have kept the market in the USA as alive as it was before and with constant demand for the shoes of all ranges.

5 0
3 years ago
How do I calculate inflation?
nikitadnepr [17]

We can calculate the total inflation rate in an easily understandable manner. The total inflation rate is the total rate of change of the consumer price index (CPI) over a certain given period of time.

<h3>What is inflation?</h3>

A general increase in the prices of goods and services in an economy can be called Inflation. Whenever the general price level rises, each unit of currency purchases fewer goods and services; simultaneously, inflation accords to a reduction in the purchasing power of money.

The total inflation is calculated using this given formula:

((Target Year – Base Year) ÷ Base Year) x 100

Thus, the Total inflation rate refers to the total rate of change of the consumer price index (CPI) over a certain given period of time.

Learn more about inflation rate:

brainly.com/question/14878357

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5 0
2 years ago
In interenational trade what is “most favored status”
lora16 [44]

I have the most favored status in international trade ))

6 0
3 years ago
Aurora and Oscar separated in 2017 and divorced in October 2019. She earned $40,000 in wages and paid more than half the cost of
Delvig [45]

Answer: The answer is C credit for other dependents

Explanation:

This is a reduction in tax liability given by the government to the tax payers for each of their children who still depends on the parent for some kind of support. The reduction in the tax liability given to parents include a sum of $500 for each of the children who still depend on their parents. This form of tax credit is given to children who is between the ages of 17- 23 years like in the case of Milo who is 17 years and unmarried. The chiidren who will enjoy this reduction in tax liability must be a students like in the case of Milo who is a full - time student working towards a degree in computer information system.

The tax credit criteria for qualification also include that the tax payers must be the one responsible for half of the dependent support, in addition, the dependent income must be low like in the case of Milo above whose income was $3,800 in wages and $400 of dividend income. This tax reduction can also be given to tax payers in respect of parents or grand parents who still depends on the tax payers for support. To also qualify for the tax reduction the dependent in question must be a United States citizens and must have a valid social security numbers like in the case of Milo above and Aurora the parent who are both U.S citizens and also they possess a valid social security numbers

5 0
4 years ago
Jessica teaches business studies in a reputed college. As part of the curriculum, she needs to demonstrate to her students the s
Alchen [17]

Answer:

In the first step jessica should discuss the basic and general ideas of creating business.

Explanation:

As mentioned in the question jessica teaches business studies in a college and she has to demonstrate her students the steps which would be involved in the starting of a business.

So, she has thought to demonstrate the ideas in a sequential order with proper examples and all the steps should be explained nicely.

So,here in the first step she will need to:

Start with the most basic and general idea of creation of  new business.

Here we should know why a business basic idea so important:

  • Because a proper plan will only lead to a business reality.
  • The idea will work as a blueprint in the guidance of business
  • The best idea will progressively lead to well settled company from a start-up.
7 0
3 years ago
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