All of the following statements about retained earnings are true except a. retained earnings represent surplus cash. b. retained earnings are decreased when a company declares a dividend. c. retained earnings are sometimes referred to as "earnings retained for use in the business." d. retained earnings are increased when a company has net income.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “All of the following statements about retained earnings are true except a. retained earnings represent surplus cash. b. retained earnings ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
When consumers will buy more of a product because it is cheaper?
Answers (1)
In game theory, a choice that is optimal for a firm no matter what its competitors do is referred to as (A) the dominant strategy. (B) the game-winning choice. (C) super optimal. (D) a gonzo selection.
Answers (1)
Lillian Fok is president of Lakefront Manufacturing, a producer of bicycle tires. Fok makes 1 comma 000 tires per day with the following resources: Labor: 425 hours per day @ $12.50 per hour Raw Material: 21 comma 000 pounds per day @ $1.
Answers (1)
Which invention do you consider more important, the telephone or electricity?
Answers (1)
How does the assembly line benefit the economy?
Answers (1)
New Questions in Business
Trevor's peers were surprised when he received a promotion and suddenly became their supervisor. They thought he was rather unreliable and weren't sure he was up to the task. According to the contingency model, Trevor has A. poor worker facilitation.
Answers (1)
Kelsie told you her goal is to be one of the best overall programmers in the world. she doesn't care who she works for, or what systems she develops, she just wants to be the best.
Answers (2)
On January 2, year 5 Ral Co. leased land and a building from an unrelated lessor for a 10-year term. The lease has a renewal option for an additional 10 years, but Ral has not reached a decision with regard to the renewal option.
Answers (1)
Kate calls her broker to purchase 200 shares of IBM. The broker tells her that the price of a share is currently $90. Kate decides that she isn't willing to pay more than $88. What type of order will she put in?
Answers (1)
Wilfred Nadeau owns 300 shares of Consolidated Glue. The company's board of directors recently declared a cash dividend of 45 cents a share payable April 18 (a Wednesday) to shareholders of record on March 22 (a Thursday). a.
Answers (1)