After earning $50 million in net income, Marshall Manufacturing distributed $15 million in dividends to their stockholders. Marshall's board of directors decided to invest the remaining $35 million back into the business. This $35 million reinvestment of profits represents:
a. a trust fund earningb. retained earningsc. preferred capitald. mutual funds
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “After earning $50 million in net income, Marshall Manufacturing distributed $15 million in dividends to their stockholders. Marshall's ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
Using information about customers to create marketing strategies that develop and sustain desirable long-term customer relationships is known as
Answers (1)
What does it cost to mail a letter to ontario canada from rhode island?
Answers (1)
Synovec Corporation is expected to pay the following dividends over the next four years: $6.20, $17.20, $22.20, and $4.00. Afterward, the company pledges to maintain a constant 5.5 percent growth rate in dividends forever.
Answers (1)
For purposes of determining gross income, which of the following is true? a. A mechanic completed repairs on an automobile during the year and collects money from the customer.
Answers (1)
Santiago company incurs annual fixed costs of $66,000. variable costs for santiago's product are $34 per unit, and the sales price is $50 per unit. santiago desires to earn an annual profit of $34,000.
Answers (1)
New Questions in Business
Swiss Group reports net income of $36,000 for 2018. At the beginning of 2018, Swiss Group had $149,000 in assets. By the end of 2018, assets had grown to $199,000. What is Swiss Group's 2018 return on assets
Answers (1)
Assume that the banking system has total reserves of $100 billion. Assume also that required reserves are 10 percent of checking deposits, and that banks hold no excess reserves and households hold no currency. a.
Answers (1)
Repbulic LLC exchanged land used in its business for some new land to be used in the business. Republic LLC originally purchased the land it exchanged for $37,500. The new land had a fair market value of $39,750.
Answers (1)
Jacob chose to spend the afternoon swimming rather than going to the movies any value given up from not going to the movies is the
Answers (1)
In a survey of consumers aged 12 and older, respondents were asked how many cell phones were in use by the household. (no two respondents were from the same household.
Answers (1)