Learning and understanding the culture and customs of other project participants in global projects aids in developing effective project teams.
Team members can communicate more effectively, develop a sense of trust, and resolve conflicts by being aware of and understanding one another's cultures. Team members can work together more successfully, fostering greater collaboration and better project outcomes, by acknowledging and respecting each other's cultural differences.
Conversely, a lack of cultural knowledge can result in misconceptions, miscommunication, and disagreements that can harm the project and the relationships within the team. Project managers and team members may establish a welcoming and inclusive project environment that promotes the project's success by acknowledging and accepting cultural diversity.
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the marginal cost curve is multiple choice upsloping because of increasing marginal opportunity costs. upsloping because successive units of a specific product yield less and less extra utility. downsloping because of increasing marginal opportunity costs. downsloping because successive units of a specific product yield less and less extra utility.
The marginal cost curve is a). upsloping because of increasing marginal opportunity costs.
The marginal cost is the cost of producing an additional unit of a product and it typically increases as production increases. This occurs because, as a company increases production, it may need to use more expensive inputs or it may experience diminishing returns to its inputs. These factors cause the marginal cost to rise, resulting in an upsloping marginal cost curve. This contrasts with the concept of decreasing marginal utility, which refers to the idea that as a consumer consumes more and more units of a specific product, the extra satisfaction or utility derived from each additional unit decreases. This concept is not directly related to the shape of the marginal cost curve.
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which of the following is included as potential external threat in a swot analysis that is harmful to an organization? a. increasing global demand b. large global brand c. instability of global market d. resistance to change
C. instability of the global market is included as a potential external threat in a swot analysis that is harmful to an organization
SWOT analysis assists an enterprise in self-evaluation so that it may essentially determine what it needs to do to outperform its rivals. A SWOT analysis may identify global market instability as a potential external threat. A company may suffer from the effects of global market instability in a number of ways, including currency fluctuations, modifications to trade laws, and economic downturns.
These modifications may impact consumer demand for the company's commodities, drive up input costs, and restrict access to credit, all of which could be detrimental to the company's profitability and sustainability. In order to establish strategies to reduce or manage these risks, it is crucial for enterprises to take into account the possible impact of global market volatility as a potential threat in their SWOT analysis.
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if the amount of manufacturing overhead allocated to jobs is more than the amount of manufacturing overhead costs actually incurred, the overhead is .
If the amount of manufacturing overhead allocated to jobs is more than the amount of manufacturing overhead costs actually incurred, the overhead is overallocated .
What is the overall cost of manufacturing?
Three different cost categories—the expenses of direct materials, direct labor, and manufacturing overheads—must be added up to determine the total manufacturing cost.
Formulate that as follows: Direct materials, direct labor, and manufacturing overheads all make up the total manufacturing cost.
How much is manufactured overall?
Total manufacturing expenses are a good indicator of how much money your business spent making its inventory during a certain time period.
This comprises a complete accounting of the cost of overhead, the price of the materials utilized, the cost of the labor, and any other manufacturing costs that went into producing the product.
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we purchased a vehicle for $45,000. it has an estimated useful life of 5 years and no residual value. what is the dollar amount we would record in our adjusting entry each month for depreciation of the vehicle if we use the straight-line method of depreciation?
The dollar amount that we would record in our adjusting entry each month for the depreciation of the vehicle using the straight-line method would be $750.
The straight-line method of depreciation calculates the depreciation expense evenly over the useful life of an asset. To calculate the monthly depreciation expense, we first need to determine the total amount of depreciation over the useful life of the asset, and then divide that amount by the number of months in the asset's useful life.
The total depreciation over the useful life of the vehicle can be calculated as follows:
Depreciation = Cost of Asset - Residual Value
= $45,000 - $0 (since there is no residual value)
= $45,000
The number of months in the useful life of the vehicle is 5 years * 12 months/year = 60 months.
Therefore, the monthly depreciation expense can be calculated as follows:
Monthly Depreciation = Depreciation / Useful Life in Months
= $45,000 / 60 months
= $750
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suppose that the government set a price floor of $0.40 per pencil, what price would pencils sell for in this market?
In this market, pencils would sell for $0.40, which is the government-set price floor. This means that the minimum price at which a pencil can be legally sold is $0.40, and if the market price is lower than this, it will be pushed up to $0.40.
A price floor is a minimum price set by the government below which the market price is not allowed to fall. In the case of a $0.40 price floor for pencils, it means that the minimum legal price for a pencil is $0.40. If the market price is lower than $0.40, then it will be pushed up to $0.40 by the government intervention. As a result, pencils would sell for $0.40 in this market. The purpose of a price floor is to protect the producers or sellers of a good, by preventing the price from falling below a certain level and potentially causing financial harm. However, implementing a price floor can lead to unintended consequences such as surplus, where the quantity supplied is greater than the quantity demanded, resulting in a surplus of the good that is not being sold.
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which point on the graph is most likely to be the new equilibrium after an increase in wages of bicycle workers, and a significant increase in the price of gasoline?
The point in a graph that show about the new equilibrium after an increase in wages of bicycle workers, and a significant increase in the price of gasoline is point 4.
In the term of economic market, Equilibrium generally can be defined as a point where achieved at the price at which quantities demanded and supplied are equal. The economic market can be presented in the equilibrium in a graph by showing the combined price and quantity at which the supply and demand curves intersect.
The question above is incomplete, the complete question is:
Refer to the above graph, which shows the market for bicycles. S1 and D1 are the original supply and demand curves. D2 and D3 and S2 and S3 are possible new demand and supply curves. Starting from the initial equilibrium (point 1), which point on the graph is most likely to be the new equilibrium after an increase in wages of bicycle workers, and a significant increase in the price of gasoline?
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which statements are true regarding a multinational enterprise (mne)? (check all that apply) multiple select question. it operates under a decision-making system that allows a common strategy. it is made up of only one entity in a foreign nation. it is composed of entities in more than one nation. it operates under a decision making system that allows coherent policies.
Multinational enterprise is also known as transnational corporations. The correct statements are 1, 3, and 4 i.e., it allows a common strategy, composed of entities more than one nation and allow coherent policies.
What does the term "multinational enterprise" mean?An organization that produces goods or provides services in more than one country is referred to as a multinational enterprise (MNE), sometimes known as a multinational company (MNC), plain multinational, or an international firm.
Why Would a Company Want to Become an International Business?Typically, a company's first priority is to boost growth and profitability. It might think that opening operations abroad is worthwhile if it can expand its client base internationally and boost its market share there.
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Question:
which statements are true regarding a multinational enterprise (mne)? (check all that apply) multiple select question.
1 it operates under a decision-making system that allows a common strategy.
2 it is made up of only one entity in a foreign nation.
3 it is composed of entities in more than one nation.
4 it operates under a decision making system that allows coherent policies.
refer to table 12.2. the externality created by the refrigerator production was $100. however, once we accounted for both the private and additional external costs, the market price increased by only $50. if the external costs were $100 why did the price only increase by $50 when we accounted for all costs?
The external costs of production are typically not reflected in the market price of a good, since they are external to the production process. In this case, the external costs of refrigerator production were $100, but they were not included in the market price of the good.
When all costs are taken into account, the market price only increased by $50, since the external costs of production were not included in the original market price. Therefore, the external costs of production were not fully reflected in the market price, leading to an undervaluation of the true cost of production.
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property is an ownership fence, which applies to resources like land that more than one individual owns jointly. group of answer choices private tort common civil public
Option D. Common. Common property refers to resources like land, buildings, or other assets that are owned jointly by two or more individuals.
This means that each owner has an equal right to use and benefit from the property, and that they are also responsible for maintaining it. Common property is different from private property, which is owned by a single individual, and public property, which is owned by the government and is open to use by the general public. Common property can also be referred to as shared property or co-owned property. Common property is often found in the context of co-ownership of real estate, such as a building with multiple units or a condominium. It can also refer to resources like land or forests that are owned and managed by multiple individuals or organizations.
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_________ property is an ownership fence which applies to resources like land that more than one individual owns jointly.
A. Private
B. Civil
C. Public
D. Common
in the sum-of-the-years'-digits method of depreciation, the depreciation rate is multiplied by the depreciable base. the depreciable base is
The depreciable base in the sum-of-the-years'-digits method of depreciation is the asset's original cost, less its salvage value or residual value. This value is also referred to as the "cost to be allocated" or the "depreciable cost" of the asset.
In the sum-of-the-years'-digits method, the asset's depreciable base is multiplied by a fraction that represents the sum of the years of the asset's useful life. The numerator of the fraction is the number of years remaining in the asset's useful life at the beginning of the year for which the depreciation is being calculated, and the denominator is the sum of the years of the asset's useful life.
For example, if an asset has a useful life of 5 years, the sum of the years of the asset's useful life is 15 (1 + 2 + 3 + 4 + 5), and the depreciable base is $10,000 with a salvage value of $1,000, the fraction for the second year of the asset's life would be 4/15 (4 years of remaining useful life at the beginning of the year, divided by the sum of the years of useful life).
The depreciation expense for the second year would be calculated as the depreciable base of $9,000 (original cost of $10,000 minus salvage value of $1,000) multiplied by the fraction of 4/15, which equals $2,400.
The sum-of-the-years'-digits method of depreciation results in higher depreciation expense in the earlier years of an asset's life and lower depreciation expense in later years, which can better reflect the asset's declining value over time.
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In the sum-of-the-years'-digits (SYD) method of depreciation, the depreciable base is the difference between the initial cost of the asset and its salvage value.
This represents the portion of the asset's cost that will be depreciated over its useful life. The depreciable base decreases over time as the asset is depreciated, eventually reaching its salvage value. The depreciation rate is calculated by adding up the digits of the useful life of the asset and then dividing each year's digits by the total digits.
For example, if an asset has a useful life of 5 years, the digits would be 15 (1+2+3+4+5). In year 1, the depreciation rate would be 5/15 or 33.33%, and in year 2 it would be 4/15 or 26.67%, and so on. This method results in higher depreciation in the earlier years of an asset's life, reflecting the fact that assets generally lose value more quickly when they are newer.
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for a service company what are the business benefits of increased personnel utilization and overall capacity? how does this affect both operational and financial metrics?
Increased personnel utilization and capacity leads to higher productivity, reduced costs, increased revenue and profitability for a service company, positively impacting both operational and financial metrics.
What are financial metrics and operational metrics?Financial metrics refer to measurements of a company's financial performance and health, such as revenue, net income, cash flow, and return on investment (ROI). These metrics help investors and analysts assess a company's financial strength and predict future performance.
Operational metrics are measurements of a company's day-to-day activities, processes, and performance, such as production levels, efficiency, customer satisfaction, and employee productivity. These metrics provide insight into the operations of a business and help organizations improve and optimize their processes.
Hence, the answer is, increased personnel utilization and capacity leads to higher productivity, reduced costs, increased revenue and profitability for a service company, positively impacting both operational and financial metrics.
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a sport fan who is enticed into buying a ticket to a game by a promotion had her consumer behavior affected by
a sport fan who is enticed into buying a ticket to a game by a promotion had her consumer behavior affected by a promotional marketing effort.
What is promotional marketing?In order to stimulate purchases, enhance sales, and raise brand recognition, promotional marketing entails developing short-term incentives. It is a strategy for generating a sense of urgency and encouraging customers to take immediate action. Discounts, coupons, buy-one-get-one deals, rebates, competitions, sweepstakes, and other similar rewards can all be used in promotional marketing campaigns. Promotional marketing aims to increase demand for a good or service temporarily and promote repeat purchases. Promotional marketing can be combined with other marketing initiatives, such public relations and advertising, to develop a full marketing plan. It is a crucial tool for organizations to improve awareness, attract traffic, and foster client loyalty.
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which aspect of argentina’s economic environment are international businesses most likely to perceive as attractive? Infrastructure Natural resources Educational system Economic system
International enterprises are likely to find Argentina's economic environment to be favorable.
The right response is A.
What is the foundation of Argentina's economy?Fisheries, forestry, and agriculture are all significant industry. Argentina is a significant supplier of beef, wheat, and soybeans to other countries. Along with wine, it is a significant producer of wool, though most of its champagne is consumed locally.
What makes Argentina's economy unique?
Due to the quantity of extremely productive farmland in the nation, Argentina has distinct competitive advantages in the agricultural sector. Between 1860 and 1930, economic prosperity was fueled by the extraction of the rich pampas land.
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if 10-year t-bonds have a yield of 6.2%, 10-year corporate bonds yield 7.9%, the maturity risk premium on all 10-year bonds is 1.3%, and corporate bonds have a 0.4% liquidity premium versus a zero liquidity premium for t-bonds, what is the default risk premium on the corporate bond?
If T-bonds have no liquidity premium and corporate bonds have a liquidity premium of 0.4%, the corporate bond's default risk premium is 1.30.
What is default risk premium?
The default risk premium, which can be mathematically defined as the difference between the interest rates payable on bonds and a risk-free rate of return, is an additional amount of interest rates paid by a borrower to a lender or investor as compensation for the borrower's higher credit risk, assuming his failure to pay back the principal amount in the future. If the borrower defaults on their obligation in any situation, it serves as a form of compensation for investors or lenders. DRP is frequently appropriate when dealing with bonds.
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punishment for providers convicted of false claims statements may include which of the following? a. mandatory exclusion from medicare and medicaid. b. jail time of 10 years c. civil monetary penalties of $50,000 per claim (plus inflation) plus two times the amount claimed. d. all the above.
Punishment for providers convicted of false claims statements may include: Mandatory exclusion from Medicare and Medicaid.
What is considered a false claim?Providers found guilty of making false claims statements may be sentenced to mandatory exclusion from Medicare and Medicaid. Reason: Financial penalties for civil offenses Each year, fines for False Claims Act offenses are increased to account for inflation. Simply put, a fraudulent claim is a demand for money or property that is founded on a substantial lie or deception. False claims examples include invoicing for services that weren't delivered, billing multiple times for the same service, and making up information to get paid for services. Significant fines and penalties may be imposed for violations of the federal False Claims Act.The majority of False Claims Act cases currently involve healthcare fraud. Healthcare providers, pharmaceutical firms, medical device makers, and other people who defraud the government can be reported by a whistleblower, also known as a qui tam plaintiff.Every year, fines for violations of the False Claims Act are raised by the Civil Monetary Penalties Inflation Adjustment. Any person found guilty of health care fraud or controlled substance abuse will be required to be excluded from Medicare or Medicaid. The criminal statutes for making fraudulent claims were also changed to include fines, five-year maximum prison terms, or both.To learn more about false claim refer to:
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abc company started the year with $800 of supplies on january 1. during the year abc bought $400 in supplies and had $300 remaining in supplies on december 31. what amount was used during the year and is debited to supplies expense and credited to supplies as an adjusting entry on 12/31? group of answer choices
The amount that was used during the year and is debited to supplies expense and credited to supplies as an adjusting entry on 12/31 is $900
How to calculate the amount of supplies that was used during the yearFrom the question,
The opening supply is $800
add: Supplies purchased in the year $300
Which will gives $1200
The closing supplies for the year is $300
To get the amount of supplies used during the year,
We substract the closing supplies from the total supplies during the year
That is $1200 - $300
=$900
Hence, the amount of supplies used during the year is $900
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what is the difference between the following? the indenture and the trustee the coupon rate and the current rate of interest
An agreement between a bond issuer and a bond holder is known as an indenture. The interests of the bondholders are safeguarded by a bond trustee, who also makes sure interest payments are made on schedule and on time.
An owner trustee and an indenture trustee differ in what ways?The entity that acts as the Issuer's Trustee is known as the "Owner" Trustee in a traditional owner trust structure. The Indenture Trustee in an owner trust arrangement is the Trustee named in the Indenture created in line with the Issuer Trust Agreement.
The following details the difference between the coupon rate and the current rate of interest:The coupon rate is calculated using the bond's face value as an investment. The interest rate is determined by taking into account the risk involved in lending the borrower the money. The bond issuer determines the coupon rate for the bond purchaser.
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what is the present value of $20,000 expected to be received in 162 days? assume 365 days in a year and an apr of 8% with continuous compounding.
$19302 is the present value of $20,000 expected to be received in 162 days.
Given a certain rate of return, present value (PV) is the current value of a future financial asset or stream of cash flows. A discount rate or the interest rate that could be earned through investment is applied to the future value to determine the present value.
If compound interest is calculated and reinvested into the balance of an account over an essentially infinite number of periods, continuous compounding is the mathematical limit that compound interest can reach.
Future value(FV)= $20,000
Interest Rate= 8%
Present Value (under Continuous Compounding) = Future Value*[e^(-Interest Rate* time)]
OR
Present value (PV) = Future value(FV) * e^ – Rate* time
Present Value = 20000*[e^(-0.08*162/365)]
= 20000*[e^(-0.0355)]
= 20000*0.9651
= $19302(approx.)
Hence, $19302 is the present value of $20,000 expected to be received in 162 days, an apr of 8% with continuous compounding.
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what factor is favorable when determining whether or not a company should consider internationalization efforts?
The factor that is favor-able when determining whether or not a comp-any should consider internationalization efforts is E) A company has high techno-logy resources already in place.
Internationalization describes design-ing a product in a way that it may be readily consumed across multi-ple countries. This process is used by firms looking to expand their global foot-print beyond their own domestic market under-standing consumers abroad may have differ-ent tastes or habits.
Internationalization is about ta-king the rest of the world serious-ly, not only one's home country, and can be thou-ght of as the formal term for think-ing globally before acting locally.
Complete question-
What factor is favorable when determining whether or not a company should consider internationalization efforts?
A) A company currently has large home markets but smaller production capacities.
B) A company has home country managers who have never worked outside of the home country.
C) A company wants to pair with an existing international company to access technology.
D) A company has minimal storage and transportation capabilities.
E) A company has high-technology resources already in place.
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holman company owns equipment with an original cost of $99,560 and an estimated salvage value of $7,280 that is being depreciated at $15,380 per year using the straight-line depreciation method, and only prepares adjustments at year-end. the adjusting entry needed to record annual depreciation is: multiple choice debit depreciation expense, $15,380; credit equipment, $15,380. debit equipment, $15,380; credit accumulated depreciation, $15,380. debit depreciation expense, $8,100; credit accumulated depreciation, $8,100. debit depreciation expense, $8,100; credit equipment, $8,100. debit depreciation expense, $15,380; credit accumulated depreciation, $15,380.
Option 1st is correct. Debit Depreciation, $15,380; Credit Accumulated Depreciation, $15,380.
It allows companies to generate income from the assets they own by making payments over a period of time.
Companies do not have to fully account for assets in the year they are acquired, which greatly reduces immediate operating costs. Failure to account for depreciation can have a serious impact on a company's bottom line. Businesses can also depreciate long-term assets for both tax and accounting purposes.
Depreciation can be compared to amortization that takes into account the change in value of an intangible asset over time.
Depreciation links the cost of using an item of property, plant and equipment to the profits received over its useful life.
Accumulated depreciation refers to the sum of all depreciation expense recorded for an asset up to a certain date.
The carrying amount of an asset on the balance sheet is its cost less accumulated depreciation.
The book value of an asset after all depreciation has been deducted is known as its salvage value.
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what information do we need to determine the value of stock using the zero-growth model? multiple select question. annual dividend amount capital gain amount discount rate future stock price
The information needed are dividend and discount rate.
How can anyone determine the value of stock?
The price-to-earnings (P/E) ratio of the corporation is the most used method of stock valuation. The P/E ratio is calculated by dividing the stock price by the most recent reported earnings per share for the company (EPS). A low P/E ratio suggests that a company is offering an appealing amount of value to the person purchasing it.
In the zero-growth model, dividends are assumed to remain constant throughout time, i.e., there is no dividend growth. The annual dividends divided by the needed rate of return would then equal the stock price. The present value of eternity is calculated using the same formula.
So, the main information needed are dividend and discount rate.
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Which technology are retailers using to identify shoppers as they enter a store to allow store staff to customize the shopper’s buying experience?
Facial recognition technology are retailers using to identify shoppers as they enter a store to allow store staff to customize the shopper’s buying experience.
Who is said to be retailers?
Typically, retailers would purchase products from a producer, wholesaler, or other distributor and resale them to the general public. Small, family-run pharmacies or your neighborhood grocery shop can buy from the same outlets or from smaller suppliers, unlike large merchants like Walmart and Target which buy products in bulk from producers or wholesalers.
In either case, the merchant charges the customer a markup (the distinction between the product's purchase price and resale price) for such things. Retailers achieve profitability in this way.
Retailers must be set up to sell to customers directly in some way. Making decisions regarding physical and digital venues as well as how to sell things and engage with customers are all part of this.
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abco works hard to maintain a positive working relationship with employees, suppliers, and vendors. they have developed clear positions on how the firm and the employees will conduct business. which of the following should abco use to encourage and guide ethical behavior in the workplace? group of answer choices monitoring of online searches and other electronic activity social responsibility programs statement of rights to privacy e-mail monitoring code of conduct
The ABCO works hard to maintain a positive working relationship with employees, suppliers, and vendors. they have developed clear positions on how the firm and the employees will conduct business. The ABCO use to encourage and guide ethical behavior in the workplace that "monitoring of online searches and other electronic activity".
The vendor is the term which is defined as the anyone or usually trader who buys and sells the products or services from taking the products from companies and sells directly to the customers and consumers like retailers, and so on.
The ethical behavior in the workplace is to obey the company's rules and regulations, good communication, trust and respect of other workers.
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securitization through the use of a properly structured spe may result in the following benefits to the company: i. remove receivables from the balance sheet. ii. remove debt from the balance sheet. iii. lower financing costs. iv. recognize gains on the sale of assets to the spe.
The gap between a company's market value and book value arises because non-current assets (fixed assets) are often valued at their historical acquisition cost.
Instead, then hanging onto a specific mortgage, securitization helps diversify risk. The number of investors can be greatly increased by securitization. To maintain capital needs, securitization helps remove assets from the balance sheet. Selling illiquid assets is made possible via securitization. Explanation: A financial function known as "scrutinization" involves grouping contractual debts, loans, mortgages, and other debts and monitoring their associated cash flows from investors in the form of bonds and other obligations, as opposed to general corporate debt and credit quality. And is often a business wanting to raise money, and it depends on timing and structure.
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do you think that there should be more formal requirements for a house member? fewer? explain your answer.
No, there are just enough requirements. They are acceptable.
The house of Representatives shares identical duty for lawmaking with the U.S. Senate. As conceived by using the framers of the constitution, the residence become to symbolize the famous will, and its members were to be without delay elected through the human beings. In contrast, individuals of the Senate were appointed by using the states until the ratification of the 17th amendment (1913), which mandated the direct election of senators.
Every state is assured at least one member of the residence of Representatives. The allocation of seats is based totally on the populace in the states, and the club is reapportioned every 10 years, following the decennial census. residence individuals are elected for two-yr terms from unmarried-member districts of the approximately identical populace.
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the continuing dependence and foreign domination for managerial and technical expertise, investment capital, and manufactured goods to keep former colonies subservient is known as
Formal colonies were kept in a submissive position by their reliance on more industrialised countries, including their previous colonial masters, for managerial and technical know-how, investment capital, and manufacturing commodities. Neo-colonialism describes such persistent reliance and foreign dominance.
What is Neo-colonialism?Neocolonialism has been broadly construed as an extension of capitalism that allows capitalist powers—both states and corporations—to govern over subordinate nations indirectly through the workings of the global market. Formal colonies were kept in a submissive position by their reliance on more industrialised countries, including their previous colonial masters, for managerial and technical know-how, investment capital, and manufacturing commodities. Neo-colonialism describes such persistent reliance and foreign dominance. Neocolonialism is the covert promotion of socioeconomic and political activities by former colonial powers intended to strengthen capitalism, neoliberal globalization, and the cultural enslavement of their former colonies.
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ndividuals are the principal taxpaying entities in the federal income tax system. question content area bottom part 1 true false
The given statement "individuals are the principal taxpaying entities in the federal income tax system" is true because individuals are the principal taxpaying entities in the federal income tax system.
In the United States, individuals are responsible for paying federal income tax on their earnings, such as wages, salaries, and tips. The amount of tax an individual owes depends on their income, filing status, and other factors. In addition to individuals, other entities, such as corporations and trusts, may also be required to pay federal income tax.
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question content area in the chart of accounts, the balance sheet accounts are normally listed in which order?
Accounts are displayed on a chart of accounts in the same order as they do on your financial statements. As a result, the balance sheet accounts for assets, liabilities, and shareholders' equity are displayed first, followed by the accounts for revenue and costs (income statement accounts).
In the chart of accounts, the balance sheet accounts are normally listed in order of liquidity, starting with the most liquid assets, such as cash and short-term investments, and ending with the least liquid assets. This arrangement allows for a clear picture of a company's financial position, including its ability to pay debts as they come due. The order of the balance sheet accounts typically follows the sequence of assets, liabilities, and equity.
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a 6% return that you could have earned if you had made a particular investment._______
Answer:
Explanation:
Opportunity cost of funds
nike's retained earnings account was decreased for dividends during the most recent reporting period (in millions). a. $1,265 b. $3,370 c. $1,692 d. $5,727
For the most recent reporting period (in millions), dividends reduced Nike's retained earnings account by $3,370.
Is a retained profit an expense or a profit?After expenses are covered and dividends are distributed to shareholders, a company's remaining value is known as retained earnings. The amount of capital that a corporation "kept up" as unspent net revenue is known as retained earnings.
What function does retained income serve?A crucial financial statement that details the amount of earnings a firm has accumulated and held from its founding is really the statement of retained earnings. The figures reveal information about the financial health of a firm and the owner's perspective on expanding and reinvesting in their enterprise.
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