Panmar Inc

question 68

Multiple Choice

Panmar Inc. is preparing a statement of stockholders' equity for 2014. On January 1, 2014, Panmar started the year with a $200,000 credit balance in its retained earnings account. During 2014, the company earned net income of $140,000. Panmar declared dividends of $80,000 and paid $50,000 of those dividends. Also, the company received cash of $100,000 for additional shares of common stock issued and then paid $30,000 to repurchase shares of common stock. What is the balance in retained earnings on December 31, 2014?

• A) $260,000.
• B) $290,000.
• C)$330,000.
• D)$390,000.

Comprehend the major stressors related to career planning and development and their impact.

Acknowledge the role of reinforcement and past positive experiences in reducing stress and improving performance.

Understand the role of personal characteristics, including internal versus external locus of control, in stress perception and management.

Understand the characteristics and qualities that contribute to entrepreneurial success.