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Anastaziya [24]
2 years ago
13

The accountant for TI Company is preparing the company's statement of cash flows for the fiscal year just ended. The following i

nformation is available:
Retained earnings balance at the beginning of the year $166,000
Cash dividends declared for the year 52,000
Net income for the year 99,500.

What is the ending balance for retained earnings?
Business
1 answer:
dem82 [27]2 years ago
6 0

Answer:

$213,500.

Explanation:

Retained earnings balance at the beginning of the year $ 166,000

- Cash dividends declared for the year   52,000

+ Net income for the year   99,500

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Alice- Encoding
Bob- Improper format for the message
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3 years ago
Jennifer is trying to decide what combination of music albums and DVDs to buy. She has $45 to spend. DVDs cost $15. Albums cost
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Answer:

The best consumption bundle is (b)

Explanation:

The best consumption bundle is always the one which satisfies the most.  In the above scenario, Jennifer wants to buy both DVDs and albums. The cost of DVD and album is $15 and $ 7.5 respectively. The best combination is to buy 2 DVDs they will cost her 30$, and with the remaining 15$ she can buy two albums. So, the best combination is 2, 2.

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4 years ago
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4 0
3 years ago
The journal entry to close revenue accounts includes
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Answer:

debiting the revenue accounts and crediting Cash.

d.

Explanation:

3 0
4 years ago
If water is transparent, Why cant we see the fishes in the sea when we look at it?​
Free_Kalibri [48]

Answer:

Water has a much higher refractive index, so does the material that the animals are made of so you can really make that difference in how light moves through the materials very minimal; therefore you can't see them. Even a piece of glass underwater is very difficult to see because that glare just doesn't happen.

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Explanation:

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