whitakers87
23.03.2020 •
Business
At the end of Year 2, retained earnings for the Baker Company was $1,850. Revenue earned by the company in Year 2 was $2,100, expenses paid during the period were $1,150, and dividends paid during the period were $550. Based on this information alone, retained earnings at the beginning of Year 2 was:
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Ответ:
Answer
Retained earnings at the beginning of Year 2 was: $1,450
Explanation
Revenue = $2,100
Retained Earnings Closing Balance = $1,850
Expenses = $1,150
Dividends = $550
Retained Earnings Closing Balance = Revenue - Expenses - Dividends + Retained Earning Beginning Balance
$1,850 = $2,100 - $1,150 - $550 + Retained Earning Beginning Balance
Retained Earning Beginning Balance = $1,450
Ответ:
Convert the inequality to interval notation.
(-∞, 0) ∪ (7, ∞)