Arrow Straight Corporation makes archery supplies. While using an Arrow Straight bow, Jamie is injured due to a defect in the bow that causes an arrow to misfire. Kaley, another archer standing by, is also injured. In a product liability suit based on strict product liability, Arrow Straight may be liable to
A) Jamie and Kaley

The Retained Earnings account has a credit balance of $17,000 before closing entries are made. If total revenues for the period are $55,200, total expenses are $39,800, and dividends are $9,000, what is the ending balance in the Retained Earnings account after all closing entries are made?

A) $23,400. B) $15,400. C) $32,400. D) $17,000. E) $32,400.

A subsidiary company is a company that ________

A) is controlled by another corporation B) owns a controlling interest in another company C) is the first to begin operations in an industry D) has a trading investment in another company