A Credit Balance in Retained Profits

question 14

Multiple Choice

A credit balance in retained profits:

• A) equals the balance of cash available for dividends.
• B) indicates that a profit was earned in the last financial period.
• C) represents the profits earned and not paid out in dividends.
• D) indicates that a loss was earned in the last financial period.

Know the functionality and purpose of hardware firewalls.

Distinguish between different types of network addresses.

Identify different types of servers used in a network.

Understand the functions of various dedicated servers within a network.

---

Definitions:

Grade-Point Average

A numerical representation of a student's academic performance, averaged across all completed courses.

Economic Profit

is the surplus or gain realized when the total revenues generated by a business exceed the explicit and implicit costs of operation.

Average Total Cost

The sum of all production expenses divided by the amount of products made.

Units

Basic measures or quantities, such as length, mass, time, etc., that serve as standards for expressing and comparing quantities.