By Using the Internet,it Is Possible to Find Market Price

question 75

True/False

By using the internet,it is possible to find market price quotations,but more detailed financial information about a corporation is unavailable to the average investor.

Distinguish between payroll liabilities and other types of taxes.

Identify the payroll and subcontractor forms used in QuickBooks and their functions.

Learn how to setup a new employee in QuickBooks, including the required tax information.

Understand the structure of the Payroll Center in QuickBooks and the categories of activities contained within.

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Definitions:

Net Income

Net income is the total profit of a company after all expenses and taxes have been deducted from total revenue.

Retained Earnings

Profits that a company keeps after dividends have been paid out, which may be used for investment or to pay off debt.

Retention Ratio

The proportion of net income that is retained rather than distributed to shareholders as dividends.

Selling And Administrative Expenses

Operating expenses related to selling products and managing the business, not directly tied to production.