Which of the following best describes retained earnings?

a. Cash available for dividends.
b. The amount initially invested in the business by stockholders.
c. Income that has been reinvested in the business rather than distributed as dividends to stockholders.
d. Cash available for expansion and growth.

Which of the following best explains how the invention of money affected the barter system? a. the invention of money supplemented the barter system by providing a nonperishable medium of exchange b. the invention of money completely replaced the barter system with a free-market system c. the invention of money had no effect on the barter system d. the invention of money drastically reduced the value of goods used in the barter system 2b2t

Amap from a trade development commission or chamber of commerce can be more useful than google maps for identifying

Which of the following characteristics are emphasized in the accounting for state and local government entities? i. revenues should be matched with expenditures to measure success or failure of the government entity. ii. there is an emphasis on expendability of resources to accomplish objectives. a. i only b. ii only c. i and ii d. neither i nor ii