Beginning Retained Earnings Are $356,000; Sales Are $529,000; Expenses Are

question 87

Multiple Choice

Beginning Retained Earnings are $356,000; sales are $529,000; expenses are $44,400; and dividends paid are $3,000. How much is the amount in ending Retained Earnings?

• A)$356,000
• B)$353,000
• C)$840,600
• D)$837,600

---

Definitions:

Labour Market

Refers to the supply and demand for labor, where employers seek the best individuals for their vacancies and individuals look for their best job opportunities.

Hay Profile Method

A job evaluation technique that analyzes a position based on three major factors: know-how, problem-solving abilities, and accountability, to determine its relative value.

Executive

A high-level manager or administrator in an organization who is responsible for making major decisions and managing operations.

Managerial

Pertaining to the activities, responsibilities, or characteristics of management or managers within an organization.