Anne Is Going for Her Driver's Test

question 17

True/False

Anne is going for her driver's test.On her way there, a classmate made a mean-spirited comment about Anne being both female and Asian, insinuating that she couldn't possibly be a good driver.Anne then did poorly on the written part of the exam.While she still passed, she didn't do as well as she had wanted.Anne was likely influenced by a self-fulfilling prophecy.

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Credit Sales

Sales made on terms that allow the buyer to make payments at a later date, affecting the seller's accounts receivable.

Retained Earnings

The portion of net earnings not paid out as dividends but instead retained by the company to be reinvested in its core business or to pay debt.

Net Income

The total profit of a company, after all expenses and taxes have been subtracted from total revenue.

Dividends

Payments made by a corporation to its shareholder members, usually as a distribution of profits.