Capital resulting from the retention of earnings should be entered in an account with an appropriate title such as
a. Retained Earnings.
b. Appropriated Retained Earnings.
c. Earnings Retained in the Business.
d. Capital Stock.
a
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Robin Hood's statement of cash flows contained the following:• Cash flows from operating activities in the amount of $29,100 • Cash flows from investing activities in the amount of $30,100 • Cash flows from (used by) financing activities in the amount of ($44,900) What was Robin Hood's change in cash for the period?
A. $14,300 increase B. $14,800 increase C. $14,800 decrease D. $14,300 decrease
In a(n) ________, the buyer announces something he or she wants to buy, and potential sellers compete to offer the lowest price
A) Dutch auction with one buyer and many sellers B) English auction with one buyer and many sellers C) English auction with one seller and many buyers D) sealed-bid auction E) ascending auction
According to the human relations approach, employee commitment to an organization is gained by ______.
A. economic motivators and authority B. interpersonal communication skills C. moderate workload D. Both economic motivators and authority and interpersonal communication skills
Most firms prefer to prepare the statement of cash flows after they have prepared the income statement and the balance sheet. The amounts debited to various accounts on the T-account work sheet
a. do not equal amounts credited to various accounts. b. must equal amounts credited to the liability accounts, only. c. may or may not equal amounts credited to various accounts. d. must equal amounts credited to various accounts. e. must equal amounts credited to the shareholders' equity accounts, only.