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operating activity. Question 13 (Mandatory) (2.5 points) Which activities involve acquiring the assets to run the business? Delivering Financing Investing Operating Question 14 (Mandatory)
operating activity. Question 13 (Mandatory) (2.5 points) Which activities involve acquiring the assets to run the business? Delivering Financing Investing Operating Question 14 (Mandatory) (2.5 points) The best definition of assets is the cash owned by the company. collections of resources belonging to the company and the claims on these resources. owners' investment in the business. resources belonging to a company that have future benefit to the company. Question 15 (Mandatory) (2.5 points) Retained earnings at the end of the period is equal to retained earnings at the beginning of the period plus net income minus liabilities. retained earnings at the beginning of the period plus net income minus dividends. Onet income. assets plus liabilities. Question 16 (Mandatory) (2.5 points) Pinson Company began the year with retained earnings of $670,000. During the year, the company recorded revenues of $600,000, expenses of $380,000, and paid dividends of $140,000. What was Pinson's retained earnings at the end of the year? $1,030,000 $750,000 $1.130,000 $600,000
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