Dividends should appear on the statement of retained earnings

Indicate whether the statement is true or false


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Business

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Which of the following is currently a small part of the online marketing universe, but is expected to triple over the next five years?

A. desktop/laptop display advertising B. location-based (local) mobile marketing C. mobile marketing D. social marketing on Facebook

Business

A primary purpose of using a standard cost system is

a. to make things easier for managers in the production facility. b. to provide a distinct measure of cost control. c. to minimize the cost per unit of production. d. b and c are correct.

Business

Identify the letters that should be capitalized or the words that should have a capital letter. did you read the old man and the sea in american literature class?

Business

Ryan is a 25% partner in the ROCC Partnership. At the beginning of the tax year, his basis in the partnership interest was $90,000, including his share of partnership liabilities. During the current year, ROCC reported net ordinary income of $100,000. In addition, ROCC distributed $10,000 to each of the partners ($40,000 total). At the end of the year, Ryan’s share of partnership liabilities increased by $10,000. His basis in the partnership interest at the end of the year is:

A. $90,000. B. $100,000. C. $115,000. D. $125,000. E. $190,000.

Business