【简答题】Net retained lines clause
【简答题】Addition to retained earnings / Net income is called the __________ ratio.
【单选题】Revenues were $210,000, expenses were $140,000, and cash dividends were $45,000. What was the net income and the change in retained earnings for the period?
A.
Net income was $70,000; the change in retained earnings was $70,000.
B.
Net income was $25,000; the change in retained earnings was $45,000.
C.
Net income was $70,000; the change in retained earnings was $25,000.
D.
Net income was $45,000; the change in retained earnings was $45,000.
【判断题】Treasury stock transactions never increase retained earnings or net income.
【简答题】The calculation of ____________ considers beginning retained earnings, current net income or net loss, and dividends.
【判断题】Treasury stock transactions never increase retained earnings or net income.
【判断题】Retained earnings are not part of the stockholders' claims on the company's net assets.
【判断题】The net income shown on the income statement also appears on the statement of retained earnings.
【判断题】The calculation of ending retained earnings considers beginning retained earnings, current year net income or net loss, and stockholders' equity.