Why might a board of directors appropriate an amount of retained earnings?
What will be an ideal response?
A retained earnings restriction is often called an appropriation. The board of directors may restrict the amount of retained earnings available to distribute as dividends. The restriction may be required by credit agreements, or it may be discretionary.
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In analysis of income, for purposes of determining a trend, extraordinary items should be included
Indicate whether the statement is true or false
Dag is an employee of Ridge Mining Company. Under federal labor law, Dag and other employees have the right to
a. bargain collectively with Eagle through their representatives. b. insist that Ridge require union membership as a condition of work. c. interfere with the efforts of others to form labor organizations. d. refuse to bargain with Ridge through their representatives.
Law enforcement uses social media to detect and prosecute criminals
Indicate whether the statement is true or false
Intentional torts occur when:
a. the tortfeasor is found to have intended to invade a protected interest and the tortfeasor knew, or should have known, of the consequences of the act that resulted in an injury b. the tortfeasor is found to have intended to invade a protected interest and the tortfeasor could not have known of the consequences of the act that resulted in an injury c. the tortfeasor is found to have unintentionally invaded a protected interest and the tortfeasor knew, or should have known, of the consequences of the act that resulted in an injury d. the tortfeasor is found to have unintentionally invaded a protected interest and could not have known of the consequences of the act that resulted in an injury e. none of the other choices are correct