DM Company had beginning retained earnings of $60,000. During the year the company had net income of $275,000 and declared and paid dividends of $7,500. The ending balance in retained earnings is ________
A) $282,500
B) $327,500
C) $335,000
D) $342,500
B
Business
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The independent auditor's report is normally included within
a. the introductory section of a CAFR. b. management's discussion and analysis. c. the financial section of a CAFR. d. the statistical section of a CAFR. e. any of the above sections at management's discretion.
Business
Belle invests $200 at the end of each year in a savings account which pays 5% annually. How much will Belle have at the end of 5 years?
A. $1,000. B. $1,105.13. C. $1,077.50. D. $1,082.37.
Business