On January 1, 20X6, Story Company had $60,000 of Retained Earnings. During 20X6 the company earned net income of $100,000 and declared and paid dividends of $15,000. In addition, the company received cash of $25,000 as an additional investment by its owners. Therefore, the ending balance in Retained Earnings at December 31, 20X6 would be

In analyzing sales training needs, Toni knows that by reducing turnover rates she can

A. Increase the size of the sales force B. Offer alternative electronic bill paying systems to her staff C. Improve customer continuity D. Increase training costs E. None of the above

Which of the following is characteristic of low-income countries?

A) sustained economic growth B) low engagement in agriculture C) high degree of urbanization D) heavy reliance on foreign aid