If the Retained Profit Figure in a Company Statement of Financial

question 58

Multiple Choice

If the retained profit figure in a company statement of financial position increases from the beginning of the year to the end of the year, it is most probable that:

• A)profit for the year is less than dividends declared.
• B)bonus shares have been issued.
• C)additional capital has been raised during the year.
• D)profit for the year is more than dividends declared.

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Definitions:

Budget Deficit

The financial shortfall when a government's expenditures exceed its revenues over a specified period.

Trade Balance

The gap between a nation's foreign sales and purchases, encompassing both goods and services.

Net Capital Outflow

The difference between a country's total exports of capital and total imports of capital during a specific time period.

Net Exports

The value of a country's total exports minus the value of its total imports.