91) The basic component of share capital is retained earnings. 92) Retained earnings represent cash that is available to a company for future operations and expansion. 93) Revenues are increases...





91) The basic component of share capital is retained earnings.



92) Retained earnings represent cash that is available to a company for future operations and expansion.



93) Revenues are increases in retained earnings from the delivery of goods or services.



94) The Cash Flow Statement is organized in terms of the organization's operating, investing, and financing activities.



95) Expenses are increases in retained earnings that result from operations.



96) For business purposes, dividend payments are classified as expenses.



97) Revenues less cash outflow equals net income (or net loss).



98) The owners' equity of proprietorships and partnerships is different.



99) Dividends are a form of expenses.



100) Net earnings are calculated by taking a company's earnings less their dividends paid out.





May 15, 2022
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