Question
Which of the following is an investment decision as opposed to financing decisions? A. Making decision on how to spend money within a business entity
Which of the following is an investment decision as opposed to financing decisions?
A. Making decision on how to spend money within a business entity | ||
B. Deciding how to raise money--through debt and/or equity | ||
C. Meeting obligations to different entities including financial institutions and investors | ||
D. Making capital structure decision |
When a company has Beginning Balance of Retained Earnings of $18,000, Net Income of $50,000, and Dividends Declared of $35,000, what is the ending balance of Retained Earnings?
A. $18,000 | ||
B. $33,000 | ||
C. $48,000 | ||
D. $58,000 |
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