Lena Company Has Provided the Following Data (Ignore Income Taxes)

question 85

Multiple Choice

Lena Company has provided the following data (ignore income taxes) :
2010 revenues were $99,000.
2010 expenses were $47,800.
Dividends declared and paid during 2010 totaled $9,500.
Total assets on December 31,2010 were $177,000.
Total liabilities on December 31,2010 were $89,000.
Contributed capital on December 31,2010 was $28,000.
Which of the following is not correct?

• A)2010 net income was $51,200.
• B)Total stockholders' equity on December 31, 2010 was $88,000.
• C)Retained earnings increased $41,700 during 2010.
• D)Retained earnings on December 31, 2010 were $41,700.

Understand the benefits and types of exercises appropriate for various populations (elderly, pregnant women, individuals with disabilities).

Gain knowledge on safe patient handling techniques to prevent caregiver injuries.

Recognize the importance of maintaining proper body mechanics and alignment to prevent injury and promote health.

Identify signs and symptoms of potential complications related to immobility and how to address them.

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Definitions:

Non-executive Directors

Board members who are not part of the company's day-to-day operations but are responsible for oversight and strategic guidance.

Chief Financial Officer

A senior executive responsible for managing the financial actions of a company, including financial planning, risk management, and financial reporting.

General Manager

An executive responsible for overseeing the daily operations and business activities within a specific area or department of a company.

Significant Influence

The power to participate in the financial and operating policy decisions of a business but is not control over those policies.