Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jul 16, 2024

Why are retained earnings considered equity? 4 points Because they are effectively additional investment in the company by existing owners Because they are effectively an

Why are retained earnings considered equity? 4 points

		Because they are effectively additional investment in the company by existing owners
		Because they are effectively an investment in the company by new owners
		Because they come about when a bank agrees to exchange its loan for equity in the firm
		Because they come about when new owners buy ownership stakes from existing owners

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Healthcare Finance An Introduction To Accounting And Financial Management

Healthcare Finance An Introduction To Accounting And Financial Management

Authors: Louis Gapenski PhD

3rd Edition

1567932320, 978-1567932324

More Books

Students also viewed these Finance questions

Question

★★★★★

Jennifer Farmer farmed for 36 years. She has recently sold her farm assets. Her primary crop was asparagus, and 20 of Jennifers 25 hectares of land were devoted to growing this vegetable. The land...

Answered: 1 week ago

Question

★★★★★

If a molecule has a steric number of 4, then its shape (a) Must be trigonal. (b) Must be tetrahedral. (c) Must be pyramidal. (d) None of the above.

Answered: 1 week ago

Question

★★★★★

2. Based on the information provided in Case Study 20.2: a. On what pathway should we classify Tracy? b. What are her criminogenic factors? c. What interventions should we propose to help Tracy?

Answered: 1 week ago

Question

★★★★★

Use the information provided in Problem P3-18 about Superstar Ice Rinks Inc. (SIR) to do the following: a. Prepare all necessary journal entries for fiscal 2017. Provide an explanation for each...

Answered: 1 week ago

Question

★★★★★

Scranton Shipyards has $20 million in total invested operating capital, and its cost of capital is 10%. Scranton has the following income statement. Sales Operating costs Operating income (EBIT)...

Answered: 1 week ago

Question

★★★★★

Bikroy.com Inc. had the following shareholders equity on January 1, 2020. Preferred shares, 8%, $100 par value, 10,000 shares authorized, 4,000 shares issued $ 400,000 Common shares, $2 par value,...

Answered: 1 week ago

Question

★★★★★

Blue Caf makes and sells a variety of iced coffee. The main ingredients consist of ground coffee, milk and sugar. The company has a standard costing and variance system in place to control the...

Answered: 1 week ago

Question

★★★★★

Exercise 2 Several years ago, ballots in Champaign-Urbana contained the following question to assess public opinion on an issue: \"Should the State of Illinois legalize and regulate the sale and use...

Answered: 1 week ago

Question

★★★★★

Next Generation Ltd Trial balance on 31 December 2019 Debit Credit Share capital 570,000 Property, plant, and equipment 2,100,000 Bank 195,000 Revenue 480,000 Rental income 35,000 Cost of sales...

Answered: 1 week ago

Question

★★★★★

Perform the following steps with pen and paper - you should not write code for these steps: Write down your PI (personal identifier). Your PI will be different from your OUCU, but like your OUCU it...

Answered: 1 week ago

Question

★★★★★

What are the three private IP ranges? What are some scenarios where private IP addresses can be used? Briefly compare and contrast Static NAT, Dynamic NAT, and PAT. Using the drawing, how would you...

Answered: 1 week ago

Question

★★★★★

Recognize that some applicants have a tendency to interview the interviewer and know how to address this mode of behavior

Answered: 1 week ago

Question

★★★★★

Appreciate the importance of training and development as continuing activities

Answered: 1 week ago

Question

★★★★★

Understand how an interviewer should respond or react when receiving legally forbidden information that is voluntarily given

Answered: 1 week ago

Previous Question Next Question