Retained earnings are a component of contributed capital
Indicate whether the statement is true or false
F
You might also like to view...
Family ________ are defined as corporations or partnerships owned by a family or relatives with more than 80 percent of its assets related to farming operation and a total business debt not exceeding $3,273,000
A) farmers B) partners C) debtors D) creditors
Walter A. Shewhart ______.
a. worked as a statistician in Bell Laboratories during the 1920s b. developed the assembly line c. is associated with the Deming Wheel d. introduced the concept of interchangeable parts
Expenses that are contractual in nature and are normally paid every month are
A) accounting expenses. B) fixed expenses. C) monthly expenses. D) automatic expenses. E) variable expenses.
_____ is a means of destroying another's free will by one party obtaining consent to a contract as a result of a wrongful threat to do the other person or family members some harm
A) Passive fraud B) Duress C) Misrepresentation D)Undue Influence