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garik1379 [7]
2 years ago
10

Elizabeth coal ltd has total assets of $8,000,000, common stock of $4,200,000, and liabilities of $1,200,000. What is the amount

for retained earnings?.
Mathematics
1 answer:
prisoha [69]2 years ago
7 0

Based on the information given the amount of the retained earning is $2,600,000.

<h3>Retained earning</h3>

Using this formula

Retained earning=Total assets - Common stock - Liabilities

Where:

Total assets=$8,000,000

Common stock=$4,200,000

Liabilities=$1,200,000

Let plug in the formula

Retained earning=$8,000,000-$4,200,000-$1,200,000

Retained earning=$2,600,000

Inconclusion  the amount of the retained earning is $2,600,000.

Learn more about retained earning here:brainly.com/question/25631040

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Which equation demonstrates the multiplicative identity property
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<em>Equation b) (-3 + 5i) (1) = -3 + 5i  demonstrates the multiplicative identity property </em>

<h3>Further explanation</h3>

There are several properties in integer multiplication operations

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Multiplication between integers will produce integers too

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a x b = b x a

  • 3. associative property

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* substraction

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The Multiplicative Identity is <u><em>1 </em></u>

<u><em>The multiplicative identity property states that any number multiplied by 1 will produce an original number. </em></u>

We complete the answer choices available from the problem above:

a) (- 3 + 5i) + 0 = -3 + 5i

O is an identity in the sum operation, the statement is false

b) (-3 + 5i) (1) = -3 + 5i

1 is a Multiplicative Identity of multiplication, so the statement is true

c) (-3 + 5i) (-3 + 5i) = -16-30i

d) (-3 + 5i) (-3 + 5i) = 16 + 30i

choice c and is a multiplication factor, so the statement is false

<h3>Learn more </h3>

the substitution method

brainly.com/question/11705106

brainly.com/question/7162056

The work of a student to solve a set of equations

brainly.com/question/10589573

Keywords: Multiplicative Identity property, integers

4 0
3 years ago
Read 2 more answers
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