Residual income is defined as:
a. Difference between expected comprehensive income and required earnings by the firm
b. Difference between comprehensive income and retained earnings
c. Difference between comprehensive income and the companies book value.
d. The addition of comprehensive income to net income for the year.
A
You might also like to view...
What element below is defined as moderate level of stressors that have constructive and positive effects on effort and performance?
a. Strain b. Distress c. Stress d. Eustress
Unevenness in the production process, out-of-balance workflows, and uneven workloads are referred to as ______.
a. muri b. mura c. muda d. heijunka
Phoebe enters into a contract with Everest for a guided tour of Whitewater Canyon. Everest acts as though he is an experienced, knowledgeable guide, when in reality he has never been in the canyon. Phoebe is most likely a victim of A) undue influence
B) fraud. C) mistake. D) nothing.
Ivy and Justin want to form and do business as Kayak Adventures Corporation. A corporation can be owned by
A. natural persons only. B. artificial persons only. C. artificial or natural persons. D. neither "artificial" nor "natural" persons.