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Quartz Instruments Had Retained Earnings of $145,000 at December 31,2018

question 152

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Quartz Instruments had Retained Earnings of $145,000 at December 31,2018.Net income for 2019 was $90,000,and dividends for 2019 were $30,000.What amount of Retained Earnings should be reported at December 31,2019?


Definitions:

Harry Braverman

A Marxist labor process theorist best known for his work on the degradation of work in the twentieth century, particularly in his book "Labor and Monopoly Capital."

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focuses on the study of labor, immigration, women in the workforce, and the sociology of food, particularly within the context of Jewish immigrant culture in Canada.

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