A Company Had the Following Information The Ending Balance in the Retained Earnings Account Is:
A)

question 81

Multiple Choice

A company had the following information: $\begin{array}{ll}\text { Beginning retained earnings } & \$ 45,000 \\\text { Sales } & \$ 194,000 \\\text { Depreciation expense } & 7,000 \\\text { C ash } & 11,000\\\text { Cost of goods sold } & 102,000 \\\text { Dividends } & 15,000 \\\text { Paid-in capital } & 26,000 \\\text { W age expense } & 40,000 \\\text { Rent expens e } & 12,000 \\\text { Prep aid rent } & 2,000\end{array}$ The ending balance in the Retained Earnings account is:

• A) $65,000
• B) $74,000
• C) $61,000
• D) $63,000

Understand the concept of cultural intelligence and its importance in diverse cultural environments.

Recognize the characteristics and attitudes of world-oriented managers in global business contexts.

Identify and differentiate between types of direct foreign investment and their implications for global business.

Describe organizational structures based on the flow of communication and control in multinational companies.

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Definitions:

Karyotype

The chromosomal composition of an individual.

XYY

A chromosomal pattern that occurs when a male has an extra Y chromosome (47,XYY), often associated with a range of physiological and developmental features.

Phenotypically

Relating to the observable characteristics of an organism that result from both genetic makeup and environmental influences.

Sickle Cell Hemoglobin

An abnormal form of hemoglobin that causes red blood cells to adopt a sickle shape, leading to various health problems including pain and anemia.