How does the statement of retained earnings relate to the income statement and the balance sheet?


The statement of retained earnings provides a link between the income statement and the balance sheet. Specifically, it takes the net income or loss figure from the income statement and uses it (along with dividends) to arrive at the retained earnings balance to be presented on the balance sheet.

Business

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Total deposits times capital is:

a. a type of interest coverage ratio. b. a profit measure. c. a type of debt to equity ratio. d. similar to net working capital. e. a type of asset to liability ratio.

Business

A self-assessment:

a. identifies individual strengths and weaknesses. b. reveals our level of "bad luck". c. should be shared with our superiors. d. None of the above.

Business

Some computer-aided design software packages are capable of optimizing layout design

Indicate whether the statement is true or false.

Business

When talking to someone, Millie automatically adjusting her body position to reflect that of a person with whom one is talking. This adjustment is known as ______.

A. hand gestures B. mirroring C. submissiveness D. dominance

Business