Rick's Internet Corporation Balance in Retained Earnings Is $30,000

question 108

Multiple Choice

Rick's Internet Corporation balance in Retained Earnings is $30,000.The board of directors directs that $15,000 be appropriated for future business expansion.This will cause total retained earnings to:

• A)remain at $30,000.
• B)increase by $15,000.
• C)decrease by $15,000.
• D)increase or decrease $5,000,as determined by the board.

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Definitions:

External Stimuli

Any objects or events in the environment that can elicit a response from our sensory systems.

Fetal Period

The stage of prenatal development that occurs from the end of the embryonic period to birth, characterized by rapid growth and maturation of bodily structures.

Major Organs

Essential organs in the body that perform vital functions necessary for survival, such as the heart, brain, liver, and kidneys.

Highly Active Fetuses

Fetuses that display above-average movement levels within the womb, which could indicate health and vitality.