Universal Corp

question 81

Multiple Choice

Universal Corp.has beginning Retained Earnings of $80,000,cash flows from operating activities during the current year of $35,000,dividends paid during the year of $5,000,net income for the current year of $50,000,and Common Stock at the end of the year of $15,000.What is the amount of its Retained Earnings at the end of the year?

• A)$125,000
• B)$140,000
• C)$160,000
• D)$175,000

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Definitions:

C3-C4 Bond

The covalent bond between the third and fourth carbon atoms in an organic molecule.

Newman Projection

A method of representing the spatial arrangement of atoms in a molecule, visualizing the conformation of a chemical bond from front to back.

C2-C3 Bond

The chemical bond between the second and third carbon atoms in an organic molecule, critical in determining the molecule's shape and reactivity.

2,3-Dimethylbutane

A branched alkane with the formula C6H14, notable for its use as a standard in octane rating tests and its presence in various fuels.