Company X had a net income of $25,000 for the year ended December 31, 2016. In 2016, Company X paid the out dividends of $10,000. At the end of 2016, Company X had a retained earnings balance of $60,000. What was Company X’s retained earnings balance at the beginning of the year? a. $45,000 b. $75,000 c. $35,000 d. $70,000
Answers: 1
Business, 21.06.2019 20:30
In the rbv are defined as the tangible and intangible assets that a firm controls that it can use to conceive and implement its strategies.answers: management policies
Answers: 1
Business, 22.06.2019 19:00
Describe how to write a main idea expressed as a bottom-line statement
Answers: 3
Business, 22.06.2019 20:20
Gamegirl inc., has the following transactions during august. august 6 sold 76 handheld game devices for $230 each to ds unlimited on account, terms 2/10, net 60. the cost of the 76 game devices sold, was $210 each. august 10 ds unlimited returned six game devices purchased on 6th august since they were defective. august 14 received full amount due from ds unlimited. required: prepare the transactions for gamegirl, inc., assuming the company uses a perpetual inventory syste
Answers: 2
Business, 23.06.2019 02:50
Marcus nurseries inc.'s 2005 balance sheet showed total common equity of $2,050,000, which included $1,750,000 of retained earnings. the company had 100,000 shares of stock outstanding which sold at a price of $57.25 per share. if the firm had net income of $250,000 in 2006 and paid out $100,000 as dividends, what would its book value per share be at the end of 2006, assuming that it neither issued nor retired any common stock?
Answers: 1
Company X had a net income of $25,000 for the year ended December 31, 2016. In 2016, Company X paid...
Social Studies, 26.07.2019 14:00
Biology, 26.07.2019 14:00
Mathematics, 26.07.2019 14:00
Social Studies, 26.07.2019 14:00
Mathematics, 26.07.2019 14:00
Advanced Placement (AP), 26.07.2019 14:00
Physics, 26.07.2019 14:00
Biology, 26.07.2019 14:00
Mathematics, 26.07.2019 14:00