Retained earnings represents:
multiple choice :
a. cumulative net income of the firm...
Business, 09.10.2019 04:30 janiewalker17
Retained earnings represents:
multiple choice :
a. cumulative net income of the firm since its beginning that has not been distributed to its stockholders in the form of dividends.
b. the total net income of the firm since its beginning.
c. net income plus gains (or minus losses) on treasury stock transactions.
d. cash that is available for dividends.
Answers: 3
Business, 22.06.2019 12:10
The cost of the beginning work in process inventory was comprised of $3,000 of direct materials, $10,000 of direct labor, and $10,000 of factory overhead. costs incurred during the period were comprised of $15,000 of direct materials costs, and $100,000 of conversion costs. the equivalent units of production (eup) for the period were 9,000 for direct materials and 6,000 for conversion. the costs per eup were:
Answers: 3
Business, 22.06.2019 13:50
Suppose portugal has 700 workers and 26,000 units of capital, and france has 18,000 workers and 700 units of capital. technology is identical in both countries. assume that wine is the capital-intensive good and cloth is the labor-intensive good. which of the following statements is correct if the nations start trading with each other? a) wages will increase in portugal.b) rental rates in france will increase.c) wages in france will decrease.d) rental rates in portugal will increase.
Answers: 2
Business, 22.06.2019 16:00
If the family’s net monthly income is 7,800 what percent of the income is spent on food clothing and housing?
Answers: 3
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