What was hensons retained earnings

Assignment Help Accounting Basics

Reference no: EM13122985

Henson Company began the year with retained earnings of $175,000. During the year, the company recorded revenues of $250,000, expenses of $190,000, and paid dividends of $20,000. What was Henson's retained earnings at the end of the year?

Reference no: EM13122985

Questions Cloud

What sample size should be taken for probability of error : If the service manager wants to 95% confident that the overall time is correctly estimated, with a 3 percent probability of error, what sample size should be taken.

The highway : Image driving down the highway utilizing the newly purchased Garmin GPS device to navigate the trip and one begins to ponder whether big brother (any government entity) is watching. The answer is that any well-informed company or agency can track one..

Use scientific process for better understand personality : How have you used the scientific process (unsystematic observation, building theories, and evaluating propositions) in your life to better understand your personality?

Graphing-slopes and intercepts : Give an example of a linear function and show at least one method of graphing it. By looking at the graph of a line, how can you tell if its slope is negative? What kind of line has a slope of zero and why?

What was hensons retained earnings : Henson Company began the year with retained earnings of $175,000. During the year, the company recorded revenues of $250,000, expenses of $190,000, and paid dividends of $20,000. What was Henson's retained earnings at the end of the year?

Cost and revenue functions and breaking point : A company that manufactures bicycles has a fixed cost of $ 100,000. It costs $ 100 to produce each bicycle. The selling price per bike is $ 300.

Particle moving along graph of function : A particle moves along the graph of the function y=8/3x^3/2 (the 3/2 is the exponent on the x) at the constant rate of 2 units per seconds.

Find probability-shuttle component functions successfully : This shuttle component functions successfully provided that at least one of the n systems functions properly. Find the probability that this shuttle component functions successfully if n - 2.

Upstream or downstream sale : Many times the sale of inventory is referred to as upstream and downstream. However, how is it treated if it is from one sub to another? Is the sale of inventory from one sub to another treated in the same manner as an upstream or downstream sale?

User Account

All Pages