The Don't Tread on Me Tire Company had retained earnings at December 31, 2015 of $202,000. During 2016, the company had revenues of $402,000 and expenses of $351,000, and the company declared and paid dividends of $11,200. Retained earnings on the balance sheet as of December 31, 2016 will be:
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “The Don't Tread on Me Tire Company had retained earnings at December 31, 2015 of $202,000. During 2016, the company had revenues of ...” 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
On July 1, 2015, Allen Company signed a $100,000, one-year, 6 percent note payable. The principal and interest will be paid on June 30, 2016.
Answers (1)
Suppose a hotel has annual fixed costs applicable to its rooms of $2,000,000 for its 300-room hotel. Average daily room rents are $50 per room and average variable costs are $10 for each room rented. It operates 365 days per year.
Answers (1)
What kind of a credit card can customers with a bad credit history get?
Answers (1)
The law or act that protects against invasive acts by a government actor using electronic devices Communications Decency Act Stored Communications Act The Fourth Amendment of the US Constitution all of the above
Answers (1)
8. Problems and Applications Q8 There are four consumers willing to pay the following amounts for haircuts, and there are four haircutting businesses with the following costs: Consumers' Willingness to Pay Charles: $50 Gilberto: $35 Juanita: $25
Answers (1)
New Questions in Business
Explain how to determine gross profit on an income statement by selecting the correct statement below. Cost of goods sold is added to net sales. Cost of goods sold is added to sales discounts. Sales is subtracted from cost of goods sold.
Answers (1)
Differences between open opportunity legal equality and free contract
Answers (1)
Suppose there was a large increase in net exports. If the Fed wanted to stabilize output, it could a. increase the money supply, which will reduce interest rates. b. decrease the money supply, which will reduce interest rates. c.
Answers (1)
Tracy and Lance, equal shareholders in Macaw Corporation, receive $600,000 each in distributions on December 31 of the current year. Macaw's current year taxable income is $1 million and it has no accumulated E & P.
Answers (1)
A learned need in which people want to control the environment, including people and material resources, to benefit either themselves or others is referred to as the need for.
Answers (1)