Question: PLEASE ANSWER ALL THREE, WILL THUMBS UP!!! A for-profit company showed net income of $45,000 and paid dividends of $20,000. This tells us that they
PLEASE ANSWER ALL THREE, WILL THUMBS UP!!!
A for-profit company showed net income of $45,000 and paid dividends of $20,000. This tells us that they would report a $25,000 increase in retained earnings. $65,000 increase in retained earnings. $25,000 decrease in common stock. $25,000 decrease in liabilities. QUESTION 8 An increase in inventory on the balance sheet would also show up in the: cash flow from financing. cash flow from investing. activity report. cash flow from operations. QUESTION 9 If we change our credit terms by increasing the discount, we would expect the ACP to there is no relationship between the discount and the ACP. remain unchanged. increase: decrease
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