At January 1, 2016, Alligator Industries reported retained earnings of $130,000. During 2016, Alligator had a net loss of $30,000 and paid dividends of $15,000. At December 31st, 2016, the amount of retained earnings is what?

A project manager that uses milestones as a project control device is using a:

A) Proactive control system. B) Predictive control system. C) Feedback control system. D) Reactive control system.

Tangshan Mining borrowed $10,000 for one year under a line of credit with a stated interest rate of 8 percent and a 10 percent compensating balance. Thus, the firm keeps a balance of about $800 in its checking account

Indicate whether the statement is true or false