During 2008, Bascom Bakery paid out $33,525 of common dividends. It ended the year with $155,000 of retained earnings versus the prior year’s retained earnings of $159,600. How much net income did the firm earn during the year? A) $27,768

B) $28,925

C) $28,057

D) $23,719

E) $24,008

Why is the type of product sold in an industry an important characteristic? a firm that can differentiate its product from that of rivals may be able to charge a higher price for a superior product. a firm that sells intangible goods is usually considered a monopoly. service industries cannot differentiate their products, which makes it easy for new firms to enter the industry. expensive products are usually sold by perfectly competitive firms.

Aslam wants to create multiple worksheet containing common formatting styles for his team members. which file extension him to save these worksheets? [templates,workbooks,files] aslam to create multiple worksheets with common styles. he needs to save them with the [xlsb,xlts,xls,xlsm] extension.

Bagwell's net income for the year ended december 31, year 2 was $189,000. information from bagwell's comparative balance sheets is given below. compute the cash received from the sale of its common stock during year 2. at december 31 year 2 year 1 common stock, $5 par value $ 504,000 $ 453,600 paid-in capital in excess of par 952,000 856,600 retained earnings 692,000 585,600