A Company's Retained Earnings at the Beginning and Ending of the Accounting

question 40

Multiple Choice

A company's retained earnings at the beginning and ending of the accounting period were $48,000 and $55,000,respectively.If the company had revenues of $61,000 and expenses of $50,000,the amount of cash dividends paid must have been

• A) $2,000.
• B) $9,000.
• C) $3,000.
• D) $4,000.

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Definitions:

Durkheim

A French sociologist best known for his foundational contributions to the field of sociology, including his theory on the social causes of suicide.

Marx

Karl Marx, a 19th-century philosopher, economist, and revolutionary socialist who developed the theories of Marxism, focusing on class struggle and the critique of capitalism.

Weber

Max Weber was a German sociologist, economist, and political scientist known for his ideas on bureaucracy, social stratification, and the sociology of religion, among others.

Gender

Socially constructed roles, behaviors, expressions, and identities associated with being male, female, or non-binary.