User Account

All Pages

How will this impact Retained Earnings

Assignment Help Financial Accounting
Reference no: EM132968189

Question - XYZ Company has a net loss of $100,000 for the year and pays dividends of $30,000 to its shareholders. How will this impact Retained Earnings?

A. Retained earnings will decrease by $70,000.

B. Retained earnings will decrease by $30,000.

C. Retained earnings will decrease by $130,000.

D. Retained earnings will decrease by $100,000.

E. Retained earnings will not change.

Reference no: EM132968189

Questions Cloud

Which of the documents would be issued by jamal : Jo buys goods from Jamal for RM2,500. She returns half of the goods on 15 May. Which of the documents would be issued by Jamal for the return of goods?
Question on customer life cycle : CUSTOMER LIFE CYCLE: The customer life cycle is a term that describes the different steps customer goes through when they are considering, buying, using, and re
How many dollars will Lorre pay : The current spot rate of the Canadian dollar is $.568. If Lorre implements a forward hedge, how many dollars will Lorre pay if it uses the forward hedge
How does international finance impact plans : How does International Finance impact your plans for your country and the product you are offering?
How will this impact Retained Earnings : XYZ Company has a net loss of $100,000 for the year and pays dividends of $30,000 to its shareholders. How will this impact Retained Earnings
Outlining the limitations of the ratios : Paragraph outlining the limitations of each of the following ratios- concentration ratio, concentration curve, Herfindahl-Hirschman index, Lorenz curve, Lerner
How much total bond interest expense will be recognized : Quatro Co. issues bonds dated January 1, 2018, with a par value of $820,000. How much total bond interest expense will be recognized over life of these bonds
Significance of price in a free-market economic system : 1- Explain the significance of "price" in a free-market economic system.
Why do companies downsize : Why do companies downsize? What are some of the drawbacks to downsizing? Why do companies outsource? What are some of the drawbacks to outsourcing?

Reviews

Write a Review

Financial Accounting Questions & Answers

  Which of the entities is rank higher than the others

Which of the following entities is rank higher than the others according to Philippines' Top 10 Largest Companies by asset value in 2020?

  Write the current and transition matrices

What will be the proportion of the non-users (non-smokers) & users (smokers) in the long run? Write the current & transition matrices.

  How do compute for the gain on exchange to be recognized

Exchange of a PPE for a Financial Asset, How do Compute for the gain on exchange to be recognized in 2018. Provide the journal entry on March 31.

  What amount of net loss should have been recognized

The accounting records disclosed the data for the year ended December 31, 2009. What amount of net income or loss should have been recognized in 2009?

  Calculate the portfolio duration

Calculate the portfolio's duration. A portfolio has three bonds namely X, Y and Z. The duration of each bond is 5.5, 7.8 and 12 respectively.

  Data breach disclosure requirement on financial reporting

Analyze the effects of the SEC‘s data breach disclosure requirement on financial reporting, based on the current language of the requirement. Recommend a change to the disclosure requirements to strengthen public company disclosures of cyberattacks. ..

  Discuss how this influence takes effect

in which countries does taxation tend to have a major influence on published company accounts? Discuss how this influence takes effect and what the position is regarding the treatment of taxation in consolidated accounts.

  What the required adjusting entry at the end of year

The Supplies account had a balance at the beginning of year 3 of $8,000 (before the reversing entry). What the required adjusting entry at the end of year

  Detailed calculation of non-controlling interest balance

Detailed calculation of non-controlling interest balance and consolidation worksheet and consolidated financial statements and statements of changes in equity for the group and parent.

  Calculate ROI for the company and conduct analysis

You can choose any company, just search for a company's income statement and balance sheet directly. Calculate ROI for the company, and conduct analysis.

  Determine the amount of Krab Co cash payment

Determine the amount of Krab Co.'s cash payment to acquire its 60% interest in Phish Co. on January, 1 2020

  Compute the materials quantity variance and materials price

Harmon Household, Inc. manufactures a number of consumer items for general household use. During the recent month, the company manufactured 4,000 chopping blocks using 11,000 feet of hardwood.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd