Grizzly Company had Retained Earnings at December 31, 2018 of $300,000. During 2019, the company had revenues of $600,000 and expenses of $525,000, and the company declared and paid dividends of $16,500. Retained earnings on the balance sheet as of December 31, 2019 will be:

A. $58,500.
B. $375,000.
C. $358,500.
D. $433,500.

C. $358,500.

Business

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Which of the following statements concerning HMOs is CORRECT?

A) HMOs are generally owned by life insurance companies. B) HMOs place special emphasis on preventive health care. C) Participants pay a onetime, fixed fee in advance for health care services. D) HMOs primarily provide emergency medical treatment for their members.

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A licensee providing services without a written agreement is an agent of the seller.

a. true b. false

Business