I believe the correct answer is true.
Answer:
$46,000.
Explanation:
To determine the retained earnings as of the end of 2015, we must first assess the total dividend that will be distributed to shareholders, and then combine the net income from 2015 with the leftover retained earnings from the conclusion of 2014 (after the distribution of 2014's dividend in March 2015) to arrive at the retained earnings figure for the close of 2015.
Total dividend on March 2015 = 0.7 x 100,000 = 70,000
Retained Earnings as of the end of 2015 = 94,000 - 70,000 + 22,000 = 46,000.
The excess cash balance stands at $9000, and the correct option is C.
There are various methods to effectively promote something; one strategy could be utilizing major networks like ESPN, as a higher viewership would enhance the effectiveness of the promotion
Answer:
Positive ROI
Explanation:
Investing in education is often regarded as one of the best decisions someone can make. Although it's challenging, it holds the potential to enhance one's life and future prospects.
In this instance, Luis utilized funds to obtain a certificate for air conditioning repair. His study lasted for six months, likely culminating in a certification exam. Following his success, he incurred debt, which is not ideal. However, the silver lining is that Luis now enjoys a significantly higher income. His improved salary enables him to repay his loan within two years, which is quite brief. Consider how remarkable it would be to settle your college debts in merely two years, compared to an average of twenty years.
