The Retained Earnings Balance on IBM's Balance Sheet at the End

question 42

True/False

The retained earnings balance on IBM's balance sheet at the end of 2010 is equal to IBM's 2010 net income minus dividends paid in 2010.

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Definitions:

Calyces

Small cavities of the renal pelvis of the kidney.

Renal Cortex

The renal cortex is the outer part of the kidney that contains the kidney's filtering units, involved in blood filtration and urine formation.

Efferent Arterioles

Small blood vessels that carry blood away from the glomerulus of each nephron in the kidneys, playing a critical role in regulating blood pressure and the filtration rate of the kidneys.

Peritubular Capillaries

Tiny blood vessels that surround the tubules in the kidneys where exchange of substances occurs.