Mackenzie Ltd's retained earnings increased $20,000 during 2010. What was Mackenzie's 2010 net income or loss given that Mackenzie declared $25,000 of dividends during 2010? Select one: a Net Loss of $5,000 b. Net income of $5,000 c. Net income was $20,000 d. Net income of $45,000 In a corporation, the interests of shareholders are represented by the: Select one: oa. Chief Executive Officer o b. Chief Financial Officer c. Proprietor of the Business d. Board of Directors The journal entry to record a stock split includes a: Select one: O a. Debit to cash O b. Credit to retained earnings account c. Credit to associated shares account d. None of the available options A bond is sold at a premium when Select one a. The issuing company's most recent financial performance is weaker than the industry average b. The market interest rate is below the bond's coupon rate c. The issuing company's most recent financial performance is stronger than the industry average d. The market interest rate is above the bond's coupon rate